Skype

Luxembourg Founded: 2002 • Age: 24 yrs Acquired By Microsoft
VoIP software for internet video chats and calls is offered.
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About Skype

Skype is a company based in Luxembourg founded in 2002 was acquired by Microsoft in May 2011.. Skype has raised $26.81 million across 7 funding rounds from investors including eBay, Microsoft and Bessemer Venture Partners. Skype has completed 3 acquisitions, including 3jam, Content Circles and GroupMe. Skype operates in a competitive market with competitors including RingCentral, Dialpad, Fuze, Webex and Zoom, among others.

  • Headquarter Luxembourg
  • Sectors
    Telecommunications
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Telecommunications → Telecommunications Infrastructure & Services
Technology → Enterprise Software & Productivity Solutions
Technology → Enterprise Software & Productivity Solutions
Technology → Cybersecurity & Privacy Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $26.81 M (USD)

    in 7 rounds

  • Latest Funding Round
    $7.76 M (USD), Series B

    Apr 16, 2010

  • Investors
    eBay

    & 9 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    3jam

    & 2 more

  • Acquired by
    Microsoft

    & 1 more

    (May 09, 2011)

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People of Skype
Headcount 10000+
Employee Profiles 547
Board Members and Advisors 11
Employee Profiles
People
Gary Sun
Director
People
Bill Duff
CVP & CFO, Consumer & Devices
People
Alex Pepperl
Director, Head Of Retail Media Adtech Partnerships
People
Richard Qian
CVP, AI & Technology

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Board Members and Advisors
people
Sandra E. Peterson
Board Member
people
Reid Hoffman
Board Member
people
John David Rainey
Board Member
people
Emma Walmsley
Board Member

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Funding Insights of Skype

Skype has successfully raised a total of $26.81M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $7.76 million completed in April 2010. 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
  • Total Rounds 7
  • Last Round Series B — $7.8M
  • First Round

    (01 Jun 2002)

  • Investors Count 9
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2010 Amount Series B - Skype Valuation

investors

Nov, 2009 Amount Debt – Conventional - Skype Valuation

investors

Jun, 2009 Amount Angel Round - Skype Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Skype

Skype has secured backing from 10 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include eBay, Microsoft and Bessemer Venture Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital investments in technology sectors are handled by Andreessen Horowitz.
Founded Year Domain Location
Technology investing and private equity firm focused on partnerships.
Founded Year Domain Location
Horizons Ventures is focused on investing in deep science and technology.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Skype

Skype has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include 3jam, Content Circles and GroupMe. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of group messaging application
2010
Server-free networks for collaborative document management were offered.
2007
3jam: Free Your Phone Number
2005
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Skype

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Skype Comparisons

Employees
+
Add Comparison
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Competitors of Skype

Skype 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, Dialpad, Fuze, Webex and Zoom, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cloud-based unified communication solutions are offered to diverse sectors.
domain founded_year HQ Location
Cloud-based unified communication solutions including voice and video are provided.
domain founded_year HQ Location
Fuze, under 8x8, Inc., is recognized for providing cloud-based communication and customer experience solutions.
domain founded_year HQ Location
Solutions for virtual meetings and training sessions are provided.
domain founded_year HQ Location
Zoom is recognized for providing AI-first collaboration and communication solutions.
domain founded_year HQ Location
Omnichannel software is delivered for customer engagement in healthcare businesses.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Skype

Frequently Asked Questions about Skype

When was Skype founded?

Skype was founded in 2002.

Where is Skype located?

Skype is headquartered in Luxembourg.

Is Skype a funded company?

Skype is a funded company, having raised a total of $26.81M across 7 funding rounds to date.

What does Skype do?

Skype was founded in 2002 in Luxembourg as a VoIP software application in the telecommunications sector. Internet-based video chats, voice calls, text messaging, and file sharing are facilitated, with free peer-to-peer connections between users. Charges apply to landline and mobile calls via a credit system. Conference calls and screen sharing for up to 25 participants are supported, distinguishing it from client-server models.

Who are the top competitors of Skype?

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

How many acquisitions has Skype made?

Skype has made 3 acquisitions, including 3jam, Content Circles, and GroupMe.

Who are Skype's investors?

Skype has 10 investors. Key investors include eBay, Microsoft, Bessemer Venture Partners, Andreessen Horowitz, and Silver Lake.

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