Channel Angels Invests In Banzai Cloud for Virtual and F2F Event Marketing

Banzai, a SaaS provider of Event Marketing Automation solutions for enterprise marketers, raised $7 million in Series A funding led by DNX Ventures with participation from Vulcan Capital. Two Channel Angels members were among the investors in the round.

Channel Angels member investment thesis: Technology companies often struggle to recruit qualified attendees to virtual events and face-to-face conferences. Early data suggests Banzai’s SaaS software solves many of those recruitment challenges.