FaceTime Communications got $15.6 million in a funding round that...
FaceTime Communications got $15.6 million in a funding round that exceeded its $10 million goal. The round was led by Credit Suisse and also made up of Sutter Hill Ventures, JK&B Capital and Scale Venture Partners, which had invested…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
in the Internet security company previously. FaceTime said it had raised enough money to last until the company becomes profitable. Recently, for the fourth year running, IDC named FaceTime the market leader among instant-messaging management vendors. FaceTime also released its new flagship product, the Unified Security Gateway, to monitor and regulate Web use, “greynet” applications like Skype and P2P clients, and enterprise messaging software such as IBM Lotus Sametime. FaceTime said preliminary data from a survey it did of greynets, to be released this fall, show that most workers in organizations with enterprise messaging platforms continue to use more vulnerable public systems such as AOL Instant Messenger and Google Talk.