Tuesday, October 17, 2006

Techcrunch » Zimbra

"Assuming a basic price of $25 per seat per year (more for professional edition, less for standard edition in bulk) then 4 million paid users means Zimbra is probably doing at least $100 million in annual revenue"

Notes: $100M revs for an open-source collaboration company founded in 12/03? Impossible. Zimbra has raised over$34M from Accel, Redpoint, Benchmark, Duff Ackerman and was founded by a former Redpoint EIR. Since releasing the Zimbra Collaboration Suite (ZCS) a year ago, Zimbra has developed strong ties with the open source community and consistently. In August 2006, Zimbra launched ZCS 4.0, which features Zimbra Documents, a powerful Web 2.0 application for securely creating, sharing and publishing documents, spreadsheets and folders, was a direct result of community feedback. ZCS 4.0 also features Zimbra Mobile, providing "over the air" synchronization with a wide range of mobile devices. It's conceivable ORCL can pick this asset up in the next 12-24 months.

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