Sequoia Capital has led a $100m investment into the streaming platform, valuing the business at $1bn.

Summit Partners
Venture CapitalSummit Partners is a global alternative investment firm managing over $19bn in capital dedicated to growth equity, fixed income and public equity opportunities. Founded in 1984, the firm invests across growth sectors and has backed more than 500 companies.
Portfolio
3
companies
AUM
£19.0B
under management
By category
- Uncategorised£73.8M
- SecurTech£31.1M
- EdTech£25.4M
By location
- London£99.1M
- Bristol County£31.1M
Portfolio companies
A Cloud Guru
Online platform providing cloud computing training and talent development.

Immersive Labs
Immersive Labs provides a cybersecurity platform to measure and improve human cyber skills across organisations.
Mubi
Curated streaming platform and film distributor offering independent cinema.
Team

Tom Jennings
Managing Director
Tom brings investment experience from a long tenure as managing director at Summit Partners. He now serves as a senior advisor at the firm and a lecturer at Harvard Business School.
LinkedInAntony Clavel
Principal
Antony serves as managing director at Summit Partners, following tenure as vice president at Allen & Company. He also spent a decade on the Future Fifty advisory panel at Tech City UK.
LinkedInRecent investments
Immersive Labs secures £31.1m Series B led by Summit Partners and Goldman Sachs to expand in North America

The funding round was led by Summit Partners with participation from Goldman Sachs to support North American expansion.
"Gaps in cybersecurity knowledge meaningfully increase risk to an organization, creating vulnerability and presenting opportunity for attackers. The rapid, constantly evolving threat landscape has made traditional classroom training for cyber skills obsolete,"
Summit Partners led the Series B round to support global team expansion and course library growth.
"We are humbled by this level of support from our investment partners,"


