By sinha on 9, July, 2008 | Channel: Indian Startups

Dimdim raises $6mn

Open source web meeting/conference player, Dimdim has raised Series B funding of $6mn. The investment is led by Index Ventures, Nexus India Capital, and Draper Richards.

Dimdim is competing head-on with big players like webex and the USP is the decreased TCO of the software.

While the personal edition is free, customers who want to customize or brand their own web meetings need to pay only $99 per year. And institutions who need much larger meetings can purchase Dimdim Enterprise (available in both hosted and onsite versions) for less than 1/2 the cost of existing solutions.

Being open source, Dimdim is also integrated with CRM/LMS software and is open for mashups.

Dimdim investors have an interesting portfolio: Draper Richards invested in Hotmail; Draper Richards and Index Ventures invested in Skype; Index Ventures has invested in a number of Open Source companies including MySQL; and Nexus India’s founder Naren Gupta sits on the board of Red Hat Linux – the most successful open source company.

tag:

 ,

  • Related Articles

    1. mKhoj raises $7.1mn from KPCB, Sherpalo
    2. Breaking: SMSGupshup/Webaroo Raises $10mn Funding
    3. SlideShare raises $3mn, Friendster founder joins the board
    4. Sasken invests in OmniCapital, a technology focused VC firm
    5. Indian Travel Industry roundup: TravelGuru to acquire Desiya, MakeMyTrip raises $15mn, Yatra plans IPO
    • comment(s) on Dimdim raises $6mn

    3 Responses to Dimdim raises $6mn

    1. Mahesh says:
      July 10, 2008 at 8:30 AM

      One thing i dont like about this is that, if forces us to download OpenOffice, i dont know why ?

      Reply

    2. Pingback: DimDim raises funds from Zimbra co-founder |Technology and Business Startups in India

    3. Prince of Silicon says:
      December 9, 2009 at 4:40 PM

      how do such lame business idea raise millions in amreeka???

      Reply