DEMO.com > AirSet

AirSet

Conference: DEMO Spring 2010
Market Segment: Consumer Software and Services
Funding Amount: $5,000,001-$10,000,000
Funding Round: N/A
Funding Details: After an initial seed round of $400,000 the company has been bootstrapped with bridge funding from the CEO.
Competitors: No direct competitors, but overlap with many Web service offerings, i.e. cloud storage and Web applications such as Google Calendar and website hosting services.
Product Description: AirSet lets you easily set up a personal cloud computer and as many shared group cloud computers as you need. These can be used to manage all of the important groups in your life – work, family, school, community – making your whole life organized in one place in the cloud, and accessible from anywhere. Each cloud computer comes with redundant online storage and a rich suite of Web applications. It is also a Web server publishing content 24/7.
Market Opportunity: AirSet believes all computer and mobile phone users will eventually use a cloud service similar to the one being introduced. Between advertising revenue and premium services the company envisions a billion-dollar market opportunity.