Tungle Corporation

Tungle

Conference
DEMOfall 07
Market Segment
Small Business Software and Services
Funding Details
Privately funded from JLA Ventures, Desjardins Venture Capital and angels, $1.5 million.
Competitors
Timebridge, Ipolipo, iKordo (Volutio)
Product Description
Tungle users can quickly and easily coordinate meetings with anyone. Tungle reduces the amount of communication ordinarily needed to schedule meetings by allowing users to view the availability of their contacts before sending them an invitation. We are the first application to work across organizations, independent of the calendar or groupware system used.
Market Opportunity
IDC estimates that Microsoft Exchange with Outlook and Lotus Domino with Notes account for 90% of the $2 billion-plus groupware market. As the first meeting coordination product to natively work with Exchange, Notes and Google Calendar, Tungle is addressing a significant and established market with a complimentary software as a service.
DEMO Says
We were skeptical that Tungle would solve a sticky problem that so many had failed to fix in the past. We’ve been pleasantly surprised. Tungle peels away the complexity to offer a lightweight and effective solution for meeting scheduling, without sacrificing calendar compatibility or demanding workflow changes. While the base service is offered free to users, the company has many ways to monetize a large community of people planning and meeting with one another, either through direct meeting support products such as conferencing tools or ancillary meeting support services and marketing. This is a product we intend to use.
Contact
Marc Gringras
marc@tungle.com
Company Address
145 rue St-Pierre, Suite 108
Montreal, Quebec, Canada H2Y 2L6
Primary Phone
514-678-9181
URL
www.tungle.com
Corporate Officers
Marc Gingras, CEO & Founder

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Who launched at DEMO?
Next Event: DEMO Fall 2011