US headquartered Hippo Video, a cloud-based video CX platform, which also has an office in Chennai, has raised $4.5 million in Series A funding. The investment round was led by Alpha Wave Incubation (AWI), a $300 million venture fund, managed by Falcon Edge Capital, a global alternative asset manager, and backed by ADQ, one of the largest regional holding companies based in Abu Dhabi, and Exfinity Venture Partners. Existing investors Sequoia Capital India’s Surge and KAE Capital also participated in this round. The latest round of funds will be used to propel the company to expand its GTM teams as well as ramp up the engineering team.

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