On Nov 2018, Agora completed its B+ round of financing with USD 30 million, which was led by Coatue Management, SIG, Chenxing Capital, Shunwei Capital joined this financing. Old shareholders, Shunwei Capital, also joined this round of financing. Famous investors joined this round of financing, including SIG, GGV, Chenxing Capital, IDG and YY.
#Agora video call ios series#
On Sep 17, 2015, Agora completed its series B financing with USD 20 million. It’s no wonder Xiaomi became one of the largest customers of Agora. Financing HistoryĪgora finished its A round of financing with USD 6 million in Feb 2014 led by Shunwei Capital, which is a venture capital company from Xiaomi Group. Agora’s charge might be closer to the average level of the industry, but since what it offers is a more stable RTC with lower energy consumption, Agora still attracts lots of customers including Xiaomi, Momo, Douyu, and Huya, which are famous companies that have requirements on the RTC service. As for customized services, the charge would be changed. Currently, the charge standard for developers is $0.0 minutes. Therefore, the Agora invested a lot on the research and development to try to provide better products for developers.
There are about 90% of engineers in the total employees of Agora, Zhao said. In 2014, Agora was founded and aims to provide high-quality real-time communication service for App developers. In 2007, ZHAO joined YY (a company listed on NASDAQ in Nov 2012 with a valuation of approximately USD 5 billion) as its CTO. Currently, Webex is still the largest technology provider of the Internet interaction meeting. In 1997, ZHAO joined Webex as the founding engineer, and the company was acquired by CISCO in 2007 at USD 3.2 billion. Tony Zhao (赵斌), who is the founder and CEO of Agora, used to lead the foundation of 2 Nasdaq listed companies. Currently, Agora is offering more than 10 billion minutes of real-time voice and video services for global developers and has more than 200 million installations in more than 200 countries. Gradually, Agora built the software-defined real-time Internet, SD-RTN, which is specifically used for real-time communication. A group of programmers designed Agora and expected to use the ADI of real-time voice and video interaction service to change the way people communicate. The Agora.io began from an underground garage in Silicon Valley. It is estimated that by the end of 2022, the total market size would be CNY 1.8 billion. The IM PaaS relies on the development of the Internet start-ups, and after 2020, the increasing rate of the market would be slower than before with a CAGR of about 16.9%. According to i-Research, from 2017 to 2020, the CAGR of the market size would be 20.5%, and by the end of 2020, the total market size would be CNY 1.3 billion. With the increasing development of mobile social media, short videos, and social E-commerce, the market will keep expanding. On the other hand, the total market size of the IM cloud service, in terms of PaaS level, is CNY 760 million. With the change of user habits, more and more new communication methods are developing including real-time voice and video communication, IM, cloud customer service, etc. In 2017, real-time communication users were 700 million which occupied 93.3% of the total Internet users. The increasing amount of the market subject leads to more real-time communication users. By the end of 2017, communication cloud service targeting the Chinese market was 981.5 million households, with a YOY growth of 12.7%. The communication cloud is a pay-on-demand service and has high flexibility which attracts more customers. As the Internet infrastructure system matures and the market environment becomes increasingly systematic, the RTC business will keep developing in the future. According to the Ministry of industry and information technology, by the end of April 2018, the 4G network would cover more than 99% of China. In 2017, the number of the 3G/4G base station reached 4.62 million, and the total length of the optical cable line reached 374.7 million kilometers. As a developer, it could connect to Agora’s API in a short time, and apply it to scenarios such as video communication, interaction-broadcast, online gaming voice, and AR cooperation.
#Agora video call ios Offline#
Its core technology is real-time communication (RTC), which uses real-time voice and video service as well as online broadcasts to create a scenario which is similar to offline communication. Founded in 2014, Agora.io is a service provider for global real-time voice and video. Agora.io would offer solutions to these kinds of problems. In the online world, achieving a stable and high-quality communication is of vital importance to both developers and users.
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