Iotum

Toronto, Canada Founded: 2004 • Age: 22 yrs
Unified communication tools are provided via mobile conference calling services.

About Iotum

Iotum is a Technology company based in Toronto (Canada) founded in 2004. It operates as an unified communication tools are provided via mobile conference calling services. Iotum has raised $3.12 million across 5 funding rounds from investors including Verdexus. The company has 28 employees. Iotum has completed 4 acquisitions, including FreeConference, FreeConferencePro and Global Conference Partners. Iotum offers products and services including Video Conference API, Live Streaming API, Live Audio Streaming API, Voice Call API, and Secure Messaging API. Its focus areas include Enterprise Infrastructure, Cybersecurity, Data Security and Secure Communication. Its legal entity is IOTUM INC. Its competitors include RingCentral, Dialpad, Fuze, Webex and Weave and 5 more; 10 of its 10 listed competitors have raised funding.

Company details

Iotum was founded in 2004 in Toronto, Canada, within the unified communications sector. Mobile conference calling services are offered, with Calliflower serving as the primary product that integrates text chat, document sharing, and audio conferencing alongside visual elements. Expansion occurred in 2013 through acquisitions of FreeConference, GlobalConference, and InstantConference, strengthening operations in audio and web conferencing markets.

Key Metrics
  • Total Equity Funding
    $3.12M (USD)

    in 5 rounds

  • Latest Funding Round
    $419.52K (USD), Series A

    Dec 2017

  • Investors
  • Employee Count
    28
  • Investments & Acquisitions

Products & Services of Iotum

Iotum offers a comprehensive portfolio of products and services, including Video Conference API, Live Streaming API, Live Audio Streaming API, Voice Call API, and Secure Messaging API.

Video Conference API
API Service

Enables white-label video conferencing for business platforms.

Live Streaming API
API Service

Facilitates high-quality live video streaming integrations.

Live Audio Streaming API
API Service

Supports real-time audio streaming for interactive applications.

Voice Call API
API Service

Provides voice call functionalities for communication systems.

Secure Messaging API
API Service

Offers secure real-time messaging for user engagement.

Funding Insights of Iotum

Iotum has successfully raised a total of $3.12M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $419.52 thousand completed in December 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $3.12M
  • Total Rounds 5
  • Last Round Series A β€” $419,520
  • First Round $586,510

    (Jul 2004)

  • Investors Count 1

All 5 funding rounds of Iotum with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2017$419,520Series A––
–
Jul 2016$51,733Series A––
–
May 2013$2.65MSeries A––
–
Nov 2007–Series A––
Jul 2004$586,510Debt – Convertible––
–
Valuation history

1 investors in total: 1 institutional.

Investors in Iotum

Iotum has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Verdexus.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Boutique investment banking services are provided in technology sectors.
–verdexus.comKitchener, Canada
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People of Iotum

5 people are tracked at Iotum (4 in leadership, 1 in team); the tracked headcount is 28.

NameRoleGroup
Jason Martin
President, CEOLeadership
Noam Tomczak
COOLeadership
Dora Bloom
Chief Revenue Officer (cro)Leadership
Graham Matthews
Chief Financial OfficerLeadership
Ryner Aguirre
Operations/Customer Support ManagerTeam
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Investments & Acquisitions by Iotum

Iotum has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include FreeConference, FreeConferencePro and Global Conference Partners.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Interactive group calls and podcasts are enabled for global discussions.
talkshoe.comWexford, United States2005May 2016β€’β€’β€’β€’
Enterprise collaboration services are delivered to businesses globally.
freeconferencepro.comToronto, Canada2007Sep 2015β€’β€’β€’β€’
Conferencing solutions with audio, video, and screen sharing are provided.
freeconference.comGlendale, United States2001May 2013β€’β€’β€’β€’
Telephonic and web-based communication services are provided internationally.
globalconferencepartners.comLos Angeles, United States2000May 2013β€’β€’β€’β€’
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Timeline of Iotum

7 dated milestones of Iotum across 13 years, from founding to its latest funding, stage changes and deals.

  1. Founded Iotum is founded.
  2. Funding First funding round of $587K.
  3. Acquisition Acquires Global Conference Partners.
  4. Acquisition Acquires FreeConference.
  5. Acquisition Acquires FreeConferencePro.
  6. Acquisition Acquires TalkShoe.
  7. Funding Latest funding round, Series A, of $420K.

Competitors of Iotum

Iotum has 10 listed competitors in our database, 10 of them funded. They include RingCentral, Dialpad, Fuze, Webex and Weave, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
ringcentral.com1999Belmont, United States$44M4,084
Cloud-based unified communication solutions are offered to diverse sectors.
dialpad.com2011San Ramon, United States$475.91M119
Cloud-based unified communication solutions including voice and video are provided.
fuze.com2006Boston, United States$542.81M771
Fuze, under 8x8, Inc., is recognized for providing cloud-based communication and customer experience solutions.
webex.com1995San Jose, United States$25M26,200
Solutions for virtual meetings and training sessions are provided.
getweave.com2008Provo, United States$156.09M922
Omnichannel software is delivered for customer engagement in healthcare businesses.
simpplr.com2014Milpitas, United States$118M–
An AI platform is utilized for connecting employees across organizations.
skype.com2002Luxembourg$26.81M–
VoIP software for internet video chats and calls is offered.
mitel.com1973Ottawa, Canada$1.01M430
Unified communication platforms are managed via cloud-based systems.
lumapps.com2012–$102M–
Cloud-based employee communication platform is provided for internal collaboration.
avaya.com2000Durham, United States$400.88M1,337
Cloud-based unified communication software is delivered for businesses.
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Detailed competitors of Iotum

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Web traffic of Iotum

The website of Iotum (iotum.com) receives about 3.6K visits a month.

  • Monthly visits
    3.6K

    ▼ 15.7% vs previous month

Similar websites

Websites whose visitors overlap most with Iotum. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
freeconference.com
100%
89.6K#383,219View details
jangl.com
95%
–#6,552,564View details
rondee.com
95%
––View details
freeconferencecall.com
94%
–#89,418View details
nocostconference.com
nocostconference.com
94%
–#4,570,009–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Top companies in Enterprise Collaboration & Video Tools

10 companies that operate in the same segment as Iotum (Enterprise Collaboration & Video Tools), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based team communication and collaboration platform is provided.
2009San Francisco, California, United StatesUSD 1.22 B–2,555
Cloud-based enterprise collaboration suites are delivered for team productivity.
2002Sydney, New South Wales, AustraliaUSD 210 MUSD 6.57 B16,867
Collaborative platform for design prototyping and feedback is provided.
2012San Francisco, California, United StatesUSD 748.62 M–2,877
AI-based platform for secure collaboration and content management is utilized.
2005Redwood City, California, United StatesUSD 692.63 MUSD 1.18 B4,447
Cloud-based software for enterprise collaboration and project management is provided.
2013San Francisco, California, United StatesUSD 417.7 M–7,141
Cloud-based platform for project management and team tracking is offered.
2012Tel Aviv, Tel Aviv, IsraelUSD 234.7 MUSD 1.23 B3,900
Integrated documents and spreadsheets are utilized for team project management.
2014San Francisco, California, United StatesUSD 240 M–130
Cloud based suite solutions for enterprise project management
2005Bellevue, Washington, United StatesUSD 120.59 M––
Cloud-based file sharing and file transfer application
2009Amsterdam, NetherlandsUSD 63.81 M––
AI-powered CRM for marketing and sales management is provided.
1996Chennai, Tamil Nadu, India–USD 1.6 B17,856
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Related news about Iotum

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Frequently Asked Questions about Iotum

Iotum was founded in 2004.

Iotum is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

Iotum is a funded company, having raised a total of $3.12M across 5 funding rounds to date. The company's 1st funding round was a Debt – Convertible of $586.51K, raised on Jul 2004.

Iotum has 28 employees.

Iotum was founded in 2004 in Toronto, Canada, within the unified communications sector. Mobile conference calling services are offered, with Calliflower serving as the primary product that integrates text chat, document sharing, and audio conferencing alongside visual elements. Expansion occurred in 2013 through acquisitions of FreeConference, GlobalConference, and InstantConference, strengthening operations in audio and web conferencing markets.

Iotum's top competitors include Dialpad, Webex and RingCentral.

Iotum offers Video Conference API, Live Streaming API, Live Audio Streaming API, Voice Call API, and Secure Messaging API.

Iotum has made 4 acquisitions, including FreeConference, FreeConferencePro, and Global Conference Partners.

Iotum has 1 investor. Key investors include Verdexus.

Iotum operates through Iotum Inc.

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