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dyte
dyte - simplified video conferencing SDK 🚀
About dyte
Dyte operates as a business-to-business (B2B) company providing a developer-focused platform with real-time audio and video software development kits (SDKs). Founded in November 2020 by Abhishek Kankani, Kushagra Vaish, and Palash Golecha, the company aims to simplify the integration of live communication features into other applications. The co-founders knew each other from college, where they had collaborated on various projects and hackathons, establishing a strong working relationship prior to launching the venture. Dyte's mission is to empower developers to embed programmable and customizable live video and voice functionalities with minimal lines of code, significantly reducing development time.
The company's primary offering is a highly adaptable SDK that enables businesses to add 1:1 calls, group calls, and webinars directly into their web, mobile, and desktop applications. The business model is usage-based, charging clients based on the number of participant minutes consumed, with a free tier of 10,000 minutes offered monthly to new users. Dyte serves a diverse client base across sectors such as ed-tech, telehealth, gaming, HR tech, and customer support. Notable clients include Skill-Lync, Yellow.ai, and Newton School. The platform is designed to be developer-friendly, abstracting the complexities of building and scaling live video infrastructure. This allows product and engineering teams to focus on the user experience rather than the underlying technology.
Dyte's product is a comprehensive solution for embedding live video communication. Its features include HD video conferencing, chat, screen sharing, whiteboarding, emoji reactions, recording capabilities, and breakout rooms. A key differentiator is the extensive customization it offers, from a no-code UI kit for branding to granular, role-based permission controls. The SDKs are compatible with multiple platforms, including Javascript, React Native, Kotlin, Swift, and Flutter. To enhance collaboration, Dyte supports various plugins like Miro, Whiteboard, and Google Docs, and has even developed a unique remote browser feature for synced web browsing during calls. The infrastructure is compliant with SOC 2, GDPR, and HIPAA standards, ensuring security and reliability for its users. The company has secured significant financial backing, raising a total of $15.5 million over three seed rounds, with the latest round in April 2022 bringing in $11.6 million led by Unbound, Sequoia Capital India's Surge, and Nexus Venture Partners.
Source: Dealroom company dataKnowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SEED✓Equity / VC | Apr 2022 | $12M | $46M | Surge · Sequoia · Unbounded Capital · unbound | ↗ |
| SEEDEquity / VC | Jun 2021 | $3.7M | $15M | Sequoia · Nexus Venture Partners | — |
Growth signals
Latest recorded traffic for dyte is 28K monthly website visits, down 41.7% over the last three months. dyte's team grew 0% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed6 investors entered at this stage
Y Combinator
Sequoia
Nexus Venture Partners
Unbounded Capital
Surge
unbound
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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