EMCC European Monitoring Centre on Change



Geographic Location

Country: France
Region: Paris; île de France
Location of affected unit(s): Paris


Sector: Information / communication
IT and other information services
63.12 - Web portals
Number Employed: 60

Employment Effects

Announcement Date: 12-11-2020
Type of Restructuring: Business expansion
Employment Effect Start: 23-11-2020
Foreseen End Date: 31-12-2021
Planned Job Creation: 100

Additional Information

The Livestorm company, which offers a videoconferencing solution to professionals, has completed a €25 million financing round, which will enable it to recruit 100 people. 
The demand for its video conferencing tool exploded during the COVID-19 lockdown, and has not fallen off since. The start-up grew from 1,000 to 4,000 customers during this period, multiplying its turnover by three in three months. To ensure this growth, the start-up plans to recruit 100 new customers within the next year.