Event networking app Bizzabo has raised $2.5 million in fudning

Networking platform and event app Bizzabo has raised $2.5 million from existing and new investors including Kaedan Capital, AfterDox, super angel Gigi Levy and new investors OurCrowd and Massa Group. Bizzabo has raised $4 million to date. The new funding will allow the company to bring new functionalities for organizers of professional events and its participants – sponsors, attendees, speakers and exhibitors. The planned rollout of a comprehensive event management platform is expected for later in 2014.

Networking and event app Bizzabo has raised an additional $2.5 million in funding, the New York- and Israel-based startup announced today. Returning investors include Kaedan Capital, AfterDox, angel investor Gigi Levy. New investors who participated in the round are OurCrowd and Massa Group. This brings Bizzabo’s total funding so far to $4 million. It’s last round was announced in July 2012. Bizzabo, which says it has been used to organize 4,000 professional events, plans to use its new funding to add new features. It will rollout a new event management platform later this year. To be sure, Bizzabo, which launched in 2011, has plenty of competition. A partial list of other event management and networking apps include Meeting Application; OleaPark; and Presdo Match. Bizzabo also competes with a host of location-based networking apps.