As there is a surge in the number of sales teams that have switched to remote working during the pandemic crisis, there is an increasing demand for the necessity of an advanced, intuitive, and efficient alternative to basic video conferencing. This is where Munich-based Demodesk that has developed a revolutionary screen sharing technology using virtual displays comes to play.
Funding to scale its software
Demodesk, the startup that revolutionises the way online sales and customer meetings are held has secured $8 million (nearly €6.7 million) funding led by Balderton Capital. The other investors that took part in the funding round are Funders Club and Target Global. And, it takes the overall funding secured by the Munich-based startup to $10.3 million (nearly €8.7 million). Demodesk will use the investment to further develop its market-leading technology, hire the best talent, and scale its operations.