4/2/2023 0 Comments Highfive vs skype for business![]() Prior to Actiance, Mogannam led sales teams at Crossbeam Systems (now Blue Coat), Avid Technology, and IBM. He joins BlueJeans from compliance vendor Actiance, where he served as SVP of worldwide sales and service. This week the company announced a trio of executives, including a CRO of its own, George Mogannam, a seasoned global sales executive. Bobby Marhamat, CRO, comes to Highfive from Revel Systems, where he served most recently as COO.īlueJeans Network is signaling the next phase of its life as a cloud video service provider with the expansion of its executive suite, as well. Celia Poon, who joins Highfive after serving for four and a half years as VP of finance at Twitter, is the company's new CFO. "What you'll see from us is continued increase in and pace of functionality that makes sense for larger and larger and more complex environments," including announcements to come next month at Enterprise Connect 2018, he said.Īnother indicator of its priority to grow out and scale up is that it's beefing up its executive management team, having recently hired a chief financial officer (CFO) and a chief revenue officer (CRO), Sinha said. As evidence of its enterprise-readiness, Sinha pointed to examples such as integrations with Microsoft Office 365, Active Directory, and Skype for Business the rollout of a global data center and points of presence around the world and telephony integrations that span 35 countries for global voice calling. While Highfive has a number of platform enhancements in the works, the solution is already viable for the enterprise (and the company has entertained discussions with companies that have 5,000 or more users, Sinha said). It hosts more than 140,000 meetings per month, accounting for roughly 16 million minutes, the company reported. Highfive has more than 2,000 customers today, Sinha said, with brand names such as Harry's, Paperless Post, The Atlantic, and Warby Parker among them. Highfive, which enables on-the-fly video conferencing via the WebRTC open-source framework, achieved 100% growth in its recurring revenue base in 2017, Sinha said. "We're eager for 2018 to be the year Highfive goes from being a sort of new entrant - the upstart of the upstarts - to being a truly global company that's not only serving small and midmarket customers but enterprise customers," he said. ![]() The Dimension Data-led capital infusion is in large part about Highfive giving "a big bear hug to the entire ecosystem of partners" that it'd like to work with to bring its video solution to more places around the world, Sinha said. Sinha characterized the partnership as a "huge validation of our strategy and the opportunity in front of us." This brings total funding to $77.4 million, the company said.ĭimension Data's investment - which also gives the investor a seat on the board - comes along with a global distribution agreement aimed at expanding the reach of Highfive products worldwide, said Shan Sinha, CEO and co-founder at the cloud video provider, in a No Jitter briefing. Highfive, for example, this week announced that it has raised $32 million in a third funding round, led by NTT Group subsidiary Dimension Data, with participation from earlier investors Andreessen Horowitz, General Catalyst, and Lightspeed. Sure signs of a maturing company are increased investor interest, executive suite expansion, ongoing R&D, broadened go-to-market strategies, and, of course, a growing customer base - all of which characterize many cloud video communications service providers today. ![]()
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