EventX, an Asia-based enterprise virtual event management company, has closed a USD 10 million series B funding co-led by HTC and Gaocheng Capital.
EventX is a virtual event platform in Asia, especially for events that involve Mainland China attendees. Its unique platform design architecture overcomes internet firewalls to enable the service of any cross-region events. HTC Vive has gained great attention and acclaim for its strides in VR research and development.
By combining the knowledge pools of the two, a range of unique experiences is set to be developed through this strategic alliance.
Jing Hong, founding partner of Gaocheng Capital, said: “Gaocheng is committed to supporting next-generation SaaS solutions and bringing them to a new level of growth. We were extremely impressed by EventX’s innovative product offering, talented management team, and hyper-charged growth. As the pandemic continues to disrupt offline exhibitions and trade shows, EventX’s online and hybrid virtual technology is uniquely positioned to help businesses of different scales draw customers and expand connections over China and around the world.”
Joseph Lin, president of Viveport, said: “VR has the power to improve the world. At HTC Vive we strive to create the tools to expedite VR adoption — using not only our VR devices but also computers, tablets, and smartphones — and interact effectively. The strategic alliance with EventX illustrates HTC Vive’s continuous efforts in providing people and enterprises with the tools to meet, socialise, and learn in VR and beyond. Massive possibilities and enthusiasm can be seen in this partnership to bring people closer together without any geographical boundaries.”
EventX co-founder and CEO, Sum Wong commented: “It is certain that virtual workspaces and virtual events will become the new norm. The creation of this alliance will result in a deep level of integration between our own expertise and HTC Vive’s ground-breaking work in the VR space. This collaboration will result in EventX bringing virtual and hybrid event experiences to a brand-new level of immersion and interactivity. To take the responsibility as one of the event industry leaders, EventX will keep exploring new possibilities of event technology, popularising the application, and creating users' needs.”
Image: EventX co-founder and CEO Sum Wong