Skype internet telephony gains major investment  

2004.03.16
The Danish-Swedish developed software for internet telephony gains DKK 114.5 million in funding from Draper Fisher Jurvetson and Index Ventures

The Danish-Swedish developed software for Skype internet telephony has gained DKK 114.5 million (USD 18 million) in funding from the Silicon Valley venture capital group Draper Fisher Jurvetson (DFJ) and Switzerland based Index Ventures. According to Financial Times which reported the news, Tim Draper of DFJ says the Skype Team has some of the world's great innovators and that it represents the hottest marketing phenomenon since Hotmail.

 

Skype's free software has been downloaded from the internet 8.7m times since it was released just over six months ago. PC users with headphones, a microphone and an internet connection can call others with installed Skype software for free anywhere in the world. Skype was created by the Scandinavian duo of Janus Friis and Niclas Zennström, who also made Kazaa, reportedly the world's most downloaded software application. The news is reported by Financial Times and ComputerWorld online.

 

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