DEMO.com > Vivox

Vivox

Conference: DEMO Spring 2010
Market Segment: Enabling Technology
Funding Amount: $10,000,001-$25,000,000
Funding Round: Series C
Funding Details: Recently closed Series C funding for $6.8 million. Investors include Benchmark Capital, Canaan Partners, GrandBanks Capital and IDG Ventures San Francisco.
Competitors: No direct competitors. Secondary competitors include Dolby, Skype, Teamspeak and Ventrilo.
Product Description: Vivox provides voice to online communities. Whether it’s online games, social networks or virtual worlds, only Vivox makes it possible for users to interact in context and talk with each other just as naturally as they would in real life. No matter the device, Vivox voice keeps users engaged and enriches their online experience.
Market Opportunity: Online games and virtual worlds host over 2.5 billion identities worldwide, estimated to be worth $14 billion, according to LCM Research. Social networks boast an additional 1 billion identities (Forrester Research, 2009) that have generated over $5 billion of revenue in virtual goods in Asia alone, according to Viximo Research.