Rive Raises $10M in Series A

Rive, a San Francisco, CA-based provider of real-time animation software, raised $10m in Series A funding.

The round, which follows a previously announced $4m seed round led by Andreessen Horowitz (a16z), was led by Two Sigma Ventures.

The company intends to use there funds to launch its cloud collaboration tool for creating animated graphics that run anywhere.

Led by Guido Rosso, CEO, Rive provides a platform for designers and developers to work together to build animated interactive experiences. Creative teams can iterate freely on graphics like animated UI, characters, heads-up displays, hero moments, buttons, icons, and emojis.

Google, Samsung, Philips, WHOOP, Duolingo, Sonos, Atlassian, and more use Rive’s software to bring products to life.