OT: More on SKYPEhttps://www.pressreleases.be/script_UK/newsdetail.asp?nDays=w&ID=15946
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Date: March 15,2004
Sender Name: PR Newswire
Skype Closes "B" Round Funding from Top Venture Capitalists
LUXEMBOURG, March 15 // -- - Skype Transforming Global Telephony
Skype Technologies S.A., the Global P2P Telephony Company that offers consumers
the ability to make free voice calls using their broadband connections, today
announced it has closed its second round of funding. The investment round was
led by the venture capital firms, Draper Fisher Jurvetson and Index Ventures.
Skype will use the US$18.8 million in new funding to expand global operations
and enhance its consumer offering.
"Skype is amazing. We at Draper Fisher Jurvetson are thrilled to be a part of
the revolution in making voice communication easier and cheaper for the world,"
said Tim Draper, of Draper Fisher Jurvetson. "The Skype team boasts some of the
world's great corporate innovators, and is the hottest viral marketing
phenomenon since Hotmail"
Individuals from more than 165 countries have downloaded Skype's software 8.1
million times since its beta release on 29th August 2003. Skype software
features include language preference in 15 languages, conference calling,
multiple call hold, the global directory, instant messaging, call history,
personal ring tones, call alert options, and free calling to users around the
globe with superior voice quality than the traditional circuit switched network.
"Skype has captured the attention of millions of discerning consumers who see
the promise of using their existing computer resources as a platform for voice
and text communication, and in so doing, they are maximizing their investments
in technology and broadband," stated Index partner, Danny Rimer. "Skype's
vision combined with an explosive base of committed users will revolutionize
the telecommunications landscape."
"We are delighted to have these leading investors accelerate Skype's growth and
innovation," said Skype co-founder and CEO, Niklas Zennstrom. "While Skype will
remain committed to a simple to use yet feature rich free offering, we will
introduce an array of premium services at our first commercial launch later
this year."
About Skype
Skype, the Global P2P Telephony CompanyTM, allows people everywhere to make
free, unlimited, superior quality voice calls via its innovative peer-to-peer
software. Skype is available in fifteen languages and is the fastest growing
voice communications offering worldwide. Since its launch in August 2003, Skype
has been downloaded more than 8.3 million times. Skype Technologies SA is
headquartered in Luxembourg and is growing with personnel in Copenhagen,
London, Stockholm, and Tallinn. Skype Technologies is privately held and backed
by top-tier international venture capital firms, including Bessemer Venture
Partners. www.skype.com
About Draper Fisher Jurvetson:
Draper Fisher Jurvetson is the premier early stage venture capital firm.
Founded in 1985, Draper Fisher Jurvetson has created a global network of
affiliated venture funds with approximately $3 billion in capital commitments
and offices in the major technology centers around the world. Headquartered in
Silicon Valley, the firm has proven expertise in identifying and helping
extraordinary entrepreneurs who want to change the world.
About Index Ventures:
Index Ventures is a venture capital fund dedicated to helping top
entrepreneurial teams build their companies into global leaders. Index
proactively seeks out opportunities to invest in companies with products and
services that drive the transformation of their industries. Index's company
building approach allows each portfolio entrepreneur to leverage the combined
experience, networks and resources of the entire partnership. Managing $500
million in capital, the Index team has been active in technology investment
since 1992. Investors in Index funds include major European and US institutions
as well as Cisco, Oracle, Sun and AOL. The firm has offices in Geneva and
London and focuses its activity primarily on Europe and Israel.
www.indexventures.com
Index Ventures Media Contact: Louise Ballard, Skype user name: louiseballard
Tel: +44 207 727 1333 louise@ballard-associates.com Skype Media Contacts: Kat
James, Skype user name: katjames Tel: +44 1273 695422 kat.james@skype.net Kelly
Larabee, Skype user name: kellylarabee, Tel: +1 602 258 1416
kellylarabee@yahoo.com