DimDim glows with funds
By Vivek | February 1st, 2007 at 10:50 am ET
Opensource web-conferencing product developer DimDim has secured $2.4 million in Series A round of funding from Index Ventures and Nexus India Capital. Unlike WebEx or GotoMeeting which are On-Demand conferencing tools, DimDim is a server side product that companies can download for free and install on their local server. Lotus Sametime from IBM also operates in the same way but is pretty pricey option for most of the SMBs.
Product seems to have most of the features available for free including the ability to have Presentations, Desktop & Application Sharing, Whiteboard & Annotations, Multi User Chat, polling, scheduling, outlook & GCal integration, and localization. You need get an enterprise license to record your meetings, private label, and hookup to your AD. As always, scalability of product, support team expertise, and maintenance/licensing fees would decide the future direction in a crowded market in which at least one player is planning to call quits.
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