Event marketing startup Banzai makes another acquisition, scoops up webinar platform Demio

Banzai, a Seattle startup that sells event marketing software, has acquired Demio, a Tampa, Fla.-based webinar platform. Terms of the deal were not disclosed.

Banzai plans to introduce a new product called Demio Enterprise that will integrate with Banzai Reach. Demio will continue serving existing customers as a standalone product.

Demio’s 23 employees will join Banzai, which now employs 114 people.

Banzai in August acquired Austin-based High Attendance, a similar company that helps clients run events. Banzai raised a $7 million round in March. It has seen increased interest in its virtual events marketing solution as the pandemic forces companies to move events online.

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