[IP] Skype secures $18.8m funding
I seem to miss the business model until they get POTS access? djf
Delivered-To: dfarber+@xxxxxxxxxxxxxxxxxx
Date: Mon, 15 Mar 2004 08:22:08 -0800
From: Dewayne Hendricks <dewayne@xxxxxxxxxxxxx>
[Note: This item comes from reader Claudio Gutiérrez. DLH]
At 12:11 -0400 3/15/04, Claudio Gutiérrez wrote:
Date: Mon, 15 Mar 2004 12:11:50 -0400
From: Claudio Gutiérrez <gutierrezclaudio@xxxxxxxx>
To: Dewayne Hendricks <dewayne@xxxxxxxxxxxxx>
Subject: Skype secures $18.8m funding
Skype secures $18.8m funding
Skype, a London-based company that is enjoying strong growth with software
enabling free phone calls over the internet, has secured $18.8m in
second-round funding. Skype appeared to have traditional
telecommunications companies worried as it has considerable potential to
undermine their charging structures. BT attacked the nascent service last
week, saying that Skype rhymed with hype and claiming its service was
"primitive" compared with a rival product BT would launch this year.
Skype's software has been downloaded 8.7m times since it was released
slightly more than six months ago. PC users with headphones, a microphone
and an internet connection can call others with Skype software free,
anywhere in the world, in better-than-phone quality. An original backer,
the Silicon Valley venture capital group Draper Fisher Jurvetson led the
round with Index Ventures, a Swiss-based venture capital company. "The
Skype team boasts some of the world's great corporate innovators and it is
the hottest viral marketing phenomenon since Hotmail," said Tim Draper of
DFJ, in a reference to the Microsoft-owned Web e-mail service.
Archives at: <http://Wireless.Com/Dewayne-Net>
Weblog at: <http://weblog.warpspeed.com>
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