About PlaceWare
PlaceWare is a company based in Portland (United States) founded in 1996 was acquired by Microsoft in January 2003. PlaceWare has raised $45.3 million across 2 funding rounds from investors including Microsoft, Xerox and Bank of America. PlaceWare operates in a competitive market with competitors including RingCentral, Fuze, Webex, Weave and Mitel, among others.
- Headquarter Portland, United States
- SectorsTechnology
- Website placeware.com
- Acquired by Microsoft (Jan 2003)
Funding Insights of PlaceWare
PlaceWare has successfully raised a total of $45.3M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $26.5 million completed in July 2000. 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 $45.3M
- Total Rounds 2
- Last Round Series C — $26.5M
- First Round $18.8M
(Sep 1999)
- Investors Count 10
All 2 funding rounds of PlaceWare with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2000 | $26.5M | Series C | – | – | |
| Sep 1999 | $18.8M | Series B | – | – |
11 investors in total: 11 institutional.
Investors in PlaceWare
PlaceWare has secured backing from 11 investors, including institutional and venture fund investors. Prominent investors backing the company include Microsoft, Xerox and Bank of America.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage investments are made in US companies across key sectors. | – | kineticventures.com | Atlanta, United States | |
VC firm investing in the US | – | gabrielvp.com | San Mateo, United States | |
Early-stage investing in IT and healthcare ventures. | – | interwest.com | - | |
VC firm investing in seed and growth stage companies in North America | – | apexvc.com | Chicago, United States | |
VC firm investing mostly in the US | – | baypartners.com | Menlo Park, United States | |
Diversified asset management services are offered globally by Invesco. | – | invesco.com | Atlanta, United States | |
Commercial banking and asset management services are offered worldwide. | 1904 | bankofamerica.com | Charlotte, United States | |
Hardware, software, and IT services are provided globally to businesses. | 1939 | hp.com | Palo Alto, United States | |
Delivers comprehensive customer experience services to enhance business interactions. | 1998 | transcosmos.com | Gardena, United States | |
Digital document solutions are provided for office and business needs. | 1906 | xerox.com | Norwalk, United States |
Investor details for PlaceWare
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of PlaceWare
4 dated milestones of PlaceWare across 7 years, from founding to its latest funding, stage changes and deals.
- Founded PlaceWare is founded.
- Funding First funding round of $18.8M.
- Funding Latest funding round, Series C, of $26.5M.
- Exit Acquired by Microsoft.
Competitors of PlaceWare
PlaceWare operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as RingCentral, Fuze, Webex, Weave and Mitel, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ringcentral.com | 1999 | Belmont, United States | $44M | 4,084 | Cloud-based unified communication solutions are offered to diverse sectors. | |
| fuze.com | 2006 | Boston, United States | $542.81M | 771 | Fuze, under 8x8, Inc., is recognized for providing cloud-based communication and customer experience solutions. | |
| webex.com | 1995 | San Jose, United States | $25M | 26,200 | Solutions for virtual meetings and training sessions are provided. | |
| getweave.com | 2008 | Provo, United States | $156.09M | 922 | Omnichannel software is delivered for customer engagement in healthcare businesses. | |
| mitel.com | 1973 | Ottawa, Canada | $1.01M | 430 | Unified communication platforms are managed via cloud-based systems. | |
| lumapps.com | 2012 | – | $102M | – | Cloud-based employee communication platform is provided for internal collaboration. | |
| vonage.com | 2001 | Holmdel, United States | $642.33M | 1,089 | Provider of contact center business communication solutions | |
| bandwidth.com | 1999 | Raleigh, United States | $21.89M | 1,939 | VoIP communication management is facilitated via a cloud-based enterprise platform. | |
| loom.com | 1944 | San Francisco, United States | $214.23M | – | Video based communication solution | |
| goto.com | 1997 | Los Angeles, United States | $6M | – | Cloud-based platform for enterprise web conferencing and collaboration is offered. |
Detailed competitors of PlaceWare
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of PlaceWare
Websites that share an audience with PlaceWare (placeware.com).
Websites whose visitors overlap most with PlaceWare. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| office.com | 100% | – | #29 | View details | |
| groupbc.com | 100% | – | – | View details | |
softwareandina.com | softwareandina.com | 100% | – | – | – |
centrinity.com | centrinity.com | 100% | – | – | – |
| ayanova.com | 100% | – | #7,185,075 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 18 similar websites and full traffic analytics for PlaceWare
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 18 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Similar companies to PlaceWare
10 companies that operate in the same segment as PlaceWare (Enterprise Collaboration & Video Tools), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based team communication and collaboration platform is provided. | 2009 | San Francisco, California, United States | USD 1.22 B | – | 74 | |
Cloud-based enterprise collaboration suites are delivered for team productivity. | 2002 | Sydney, New South Wales, Australia | USD 210 M | USD 6.57 B | 13,810 | |
Collaborative platform for design prototyping and feedback is provided. | 2012 | San Francisco, California, United States | USD 748.75 M | – | – | |
AI-based platform for secure collaboration and content management is utilized. | 2005 | Redwood City, California, United States | USD 692.63 M | USD 1.18 B | 2,810 | |
Cloud-based software for enterprise collaboration and project management is provided. | 2013 | San Francisco, California, United States | USD 417.7 M | – | – | |
Cloud-based platform for project management and team tracking is offered. | 2012 | Tel Aviv, Israel | USD 234.7 M | USD 1.23 B | 2,510 | |
Integrated documents and spreadsheets are utilized for team project management. | 2014 | San Francisco, California, United States | USD 240 M | – | – | |
Cloud based suite solutions for enterprise project management | 2005 | Bellevue, Washington, United States | USD 120.59 M | – | – | |
Cloud-based file sharing and file transfer application | 2009 | Amsterdam, Netherlands | USD 63.81 M | – | – | |
Real-time communication and conversational AI solutions are provided by Agora. | 2014 | Guangzhou, Guangdong, China | USD 55 M | USD 141.43 M | 608 |
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Frequently Asked Questions about PlaceWare
PlaceWare was founded in 1996 and raised its 1st funding round 3 years after it was founded.
PlaceWare is headquartered in Portland, United States. It is registered at Portland, Oregon, United States.
PlaceWare is a funded company, having raised a total of $45.3M across 2 funding rounds to date. The company's 1st funding round was a Series B of $18.8M, raised on Sep 1999.
PlaceWare was founded in 1996 in Portland, United States, and operated in the web conferencing sector. Real-time, carrier-class multimedia platforms and applications were provided for web-based communication and collaboration, both within and beyond corporate firewalls. Services included web-based presentations and e-learning sessions. The company was acquired by Microsoft in April 2003, with its core product renamed Microsoft Office Live Meeting.
PlaceWare's top competitors include Webex, Bandwidth and RingCentral.
PlaceWare has 11 investors. Key investors include Microsoft, Xerox, Bank of America, HP, and Invesco.
Yes. PlaceWare was acquired by Microsoft in January 2003.