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Airtime has raised $25.0M across 1 funding round.
Key people at Airtime.
Airtime was founded in 2020 by Phil Libin (Founder).
Airtime has raised $25.0M in total across 1 funding round.
Airtime is an enterprise software company based in San Francisco, California, that develops video communication tools designed to integrate presenters alongside their visual presentation content for remote meetings and asynchronous messaging. Operating under a freemium and subscription software as a service business model, the enterprise targets remote corporate teams, educators, and sales professionals, having raised approximately $136 million in total venture capital funding. Originally operating under the name mmhmm before a corporate rebranding in early 2025, the organization maintained a workforce of 58 employees prior to a strategic restructuring that reduced its headcount by 43 percent. The company's financial backing includes significant investments from prominent venture capital firms Sequoia Capital and SoftBank Vision Fund, and it originated within the product studio All Turtles. Airtime was officially founded in 2020 by former Evernote chief executive officer Phil Libin.
Key people at Airtime.
Airtime (formerly mmhmm) is a video communication startup that provides tools designed to create clear, compelling, and engaging video presentations and meetings. Its main products, Airtime Camera and Airtime Creator, enable users—ranging from companies to individuals—to customize their on-camera appearance, backgrounds, and presentations to improve communication effectiveness and audience engagement. Airtime serves sectors including business, education, creative industries, and remote teams, addressing the challenge of standing out and communicating clearly in virtual meetings. The company has shown strong growth momentum, backed by major investors like Sequoia Capital and SoftBank Vision Fund, and has raised over $100 million in funding[1][2][3].
Founded in 2020 by the team behind the All Turtles product studio, Airtime evolved from the original mmhmm product launched during the COVID-19 pandemic to meet the surge in video communication needs. The idea emerged from the need to make video presentations more engaging and less fatiguing than traditional video calls. Phil Libin, Evernote’s founder, is a key figure behind the company. Early traction came from the pandemic-driven shift to remote work and virtual meetings, which created a strong demand for tools that enhance video communication quality and interactivity[1][4].
Airtime rides the ongoing trend of hybrid and remote work, where video communication remains essential even as offices reopen. The timing is critical as organizations seek better ways to engage distributed teams, conduct sales demos, training, and education online. Market forces such as increased video meeting fatigue and the need for more expressive, branded communication tools favor Airtime’s approach. By focusing on specialized, user-friendly video tools rather than a monolithic app, Airtime influences the ecosystem by setting new standards for video presentation quality and interactivity[4][5].
Looking ahead, Airtime is positioned to expand its toolkit to cover more specific video communication needs, potentially integrating AI-driven enhancements and deeper collaboration features. Trends such as the rise of the creator economy, hybrid work, and virtual events will shape its growth trajectory. Airtime’s influence may evolve from a niche video enhancement tool to a core platform for professional and creative video communication, helping users convey ideas more effectively and authentically in a digital-first world[1][4][5]. The company’s rebranding from mmhmm to Airtime signals a strategic shift toward a broader vision of video communication beyond presentations, emphasizing style, clarity, and connection.
Airtime has raised $25.0M across 1 funding round. Most recently, it raised $25.0M Series B in May 2012.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| May 1, 2012 | $25M Series B | — | Accelerator Ventures, Avalon Ventures, Broadway Angels, Cowboy Ventures, Founders Fund, Foundry Group, Greylock, IVP, Kleiner Perkins, National Grid Partners, Sherpa Ventures, Slow Ventures, True Ventures, Union Square Ventures, Vayner RSE, Allan Kaplan, Karl Jacob, Marissa Mayer, Shervin Pishevar | Announced |
Airtime was founded in 2020 by Phil Libin (Founder).
Airtime has raised $25.0M in total across 1 funding round.
Airtime's investors include Accelerator Ventures, Avalon Ventures, Broadway Angels, Cowboy Ventures, Founders Fund, Foundry Group, Greylock, IVP, Kleiner Perkins, National Grid Partners, Sherpa Ventures, Slow Ventures.