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January 21, 2008

Unisfair Gets $10M in Series B Financing

Unisfair, a virtual events provider, has received $10 million in a round of Series B financing led by Norwest Venture Partners with participation from Sequoia Capital. Sequoia provided all of Unisfair's first round of $5 million and has also invested in the kids world Stardoll. Unisfair has seen strong interest from companies like Cisco, which used the platform to create an ongoing environment for its Industry Solutions Partner Network. When we spoke with Unisfair in September, VP of Marketing Brent Arslaner said that virtual events attracted an average of 1,587 attendees and delivered 348 qualified leads per each event sponsor. [via VentureBeat]

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