Overview

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Status
Acquired by on March 10, 2005
Total Equity Funding
$38M in 1 Round from 2 Investors
Headquarters:
Beverly, Massachusetts
Description:
Groove networks provided a virtual office through software that allowed teams of people to work together over a network.
Founders:
Categories:
Collaboration, File Sharing, Software
Website:
http://secure.groove.net
Social:

Company Details

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Founded:
2001
Contact:
+1 619-849-5872
Employees:
10k + | None found in Crunchbase

Groove networks provided a "virtual office" through software that allowed teams of people to work together over a network. Groove software offered organizations both a desktop application for joint work and a set of customizable, open collaboration capabilities that enhance the utility and value of existing solutions.

Groove Networks was acquired by Microsoft in March of 2005, and has been re-released as a software. See http://office.microsoft.com/en-us/groove/default.aspx

Funding Rounds (1) - $38M

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DateAmount / RoundValuationLead InvestorInvestors
Mar, 2003$38M / Series E2

Investors (2)

InvestorRound(s)Partner(s)
Series E (Lead)-
Series E (Lead)-

Offices/Locations (1)

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  • Headquarters

    Beverly, Massachusetts

    United States

Past Team (18)

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