The online video tool developer, which counts Digital Garage and Aglaé Ventures as existing investors, secured $100m in a SoftBank Vision Fund 2-led round.

Internet and telecommunications group SoftBank’s Vision Fund 2 led a $100m series B round for US-based video conferencing app developer Mmhmm yesterday.

The other series B participants included Abu Dhabi state-owned investment firm Mubadala Capital and venture capital firms Sequoia Capital, Human Capital and World Innovation Lab (WiL) as well as undisclosed existing investors.

Founded in May 2020 by early-stage product studio All Turtles, Mmhmm provides software tools which add virtual backgrounds and special effects to video chats and presentations…