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IMLogic – Profile

February 28, 2005

iml_logo.jpg
HQ: Waltham, MA
Founded: 2001
Management: CEO is Francis deSouza, who previously ran Microsoft’s Real-Time Collaboration Group and built Microsoft’s first instant messaging server. VP of Engineering is Milan Shah, also a Microsoftie. He engineered enterprise messaging products like Biztalk Server, Exchange 2000, and Windows NT.
Investors: Raised $16M in May 2004 from Crosslink Capital, General Catalyst Partners, Goldman Sachs, Kodiak Venture Partners, Venrock Associates, Wilson Sonsini Goodrich & Rosati, and individuals.
Business Model: Instant messaging management to businesses of all sizes – works with all major IM products including AOL, MSN, Yahoo!, ICQ, IBM Lotus Instant Messaging, Microsoft Office Live Communications Server 2003/2005, Jabber, Reuters, Antepo and others. Currently claims 400 enterprise customers and over 500K seats under management.
Competitors: Omnipod, Facetime
Dirt: IM is a great way to communicate, but it leaves the corporate flanks wide open on security and confidentiality issues. For these reasons alone, we like this market opportunity. Also, company claims solid numbers: 2004 annual revenue growth of over 100% from the previous year with average quarterly revenue growth in excess of 30% and deployments in greater than 25% of the Fortune 100.

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3 Comments leave one →
  1. June 17, 2006 9:38 pm

    As for the Giants, their own happiness was short-lived as they lost to – who else?

  2. June 19, 2006 12:37 am

    Edmonton dominated the Carolina Hurricanes on Saturday night and the 4-0 margin in Game 6 makes it hard to imagine the Oilers not hoisting hockey’s Holy Grail above their heads in less than 48 hours. And it would not come as any shock to see defenseman Chris Pronger, who had another 31-minute night, take the honors for the Conn Smythe Trophy as the playoff MVP.

  3. June 20, 2006 2:28 pm

    Edmonton dominated the Carolina Hurricanes on Saturday night and the 4-0 margin in Game 6 makes it hard to imagine the Oilers not hoisting hockey’s Holy Grail above their heads in less than 48 hours. And it would not come as any shock to see defenseman Chris Pronger, who had another 31-minute night, take the honors for the Conn Smythe Trophy as the playoff MVP.

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