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Dimdim Inc.

August 27, 2007 | Raymond McConville | Post a comment
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COMPANY: Dimdim Inc.

MARKET SEGMENT: Software services

LOCATION: Boston and Hyderabad, India

HEADCOUNT: 28

FORMED: 2006

FINANCING: Raised $2.9 million in funding from Draper Richards LP , Index Ventures , and Nexus India Capital .

WHAT IT DOES: Dimdim is a free Web conferencing service that lets users communicate through means such as video conferencing, instant messaging, and document sharing. The company says it has two key differentiating features from other Web conferencing services: It's free, and it's open-source.

Dimdim's service is Web-based and requires no software download, yet is highly customizable due to its open-source nature. The service is ad supported, but Dimdim also has a for-pay enterprise version, which requires a software download but has more features than the free version.

The company says the paid version is still significantly inexpensive – approximately 70 percent less than WebEx Communications , a competing service owned by Cisco Systems Inc. (Nasdaq: CSCO).

CUSTOMERS: None named yet. Dimdim says it will announce some paid enterprise customers in a couple of weeks with the product's official launch.

PARTNERSHIPS: Dimdim says it has a few key partnerships that it will announce with the official launch.

COMPETITORS: WebEx and GoToMeting, owned by Citrix Systems Inc. (Nasdaq: CTXS).

MANAGEMENT:

  • D.D. Ganguly, co-founder and CEO – Formerly vice president of product development at CA Inc. (Nasdaq: CA). Before that, he had been the founder and CEO of AIM, a software company that was later acquired by CA.
  • Prakash Khot, co-founder and CTO – Another former CA and AIM alumnus.

    WHAT TO WATCH: The service is expected to launch the third week of September in the U.S. and U.K., with India to launch shortly after. Dimdim wants to change the landscape the way Hotmail did for email or Skype Ltd. for telephone calls. But, while Skype doesn't claim to be a replacement for your primary phone service, Dimdim says it absolutely aims to become the primary way people Web conference.

    — Raymond McConville, Reporter, Light Reading

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