About Sococo
Sococo is a company based in Mountain View (United States) founded in 2007 was acquired by ESW Capital in July 2019.. Sococo has raised $10.72 million across 5 funding rounds from investors including ESW Capital. The company has 27 employees as of December 31, 2017. Sococo has completed 1 acquisition, including CliqMeet. Sococo offers products and services including Sococo Platform and Collaboration Tools. Sococo operates in a competitive market with competitors including Gather, Multi, Roam, Sketch and Tonari, among others.
- Headquarter Mountain View, United States
- Employees 27 as on 31 Dec, 2017
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Sococo, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10.72 M (USD)
in 5 rounds
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Latest Funding Round
$2 M (USD), Series A
May 14, 2018
- Investors
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Employee Count
27
as on Dec 31, 2017
- Investments & Acquisitions
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Acquired by
ESW Capital
(Jul 25, 2019)
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Products & Services of Sococo
Sococo offers a comprehensive portfolio of products and services, including Sococo Platform and Collaboration Tools. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Online environment for remote team collaboration and meetings.
Features for chat, video, audio, and screen sharing in virtual spaces.
Funding Insights of Sococo
Sococo has successfully raised a total of $10.72M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $2 million completed in May 2018. 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 Funding
- Total Rounds 5
- Last Round Series A — $2.0M
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First Round
First Round
(29 Dec 2010)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2018 | Amount | Series A - Sococo | Valuation |
investors |
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| Mar, 2013 | Amount | Series A - Sococo | Valuation |
investors |
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| Jun, 2012 | Amount | Debt – Conventional - Sococo | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Sococo
Sococo has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include ESW Capital. 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.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Sococo
Sococo has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include CliqMeet. 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.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Web conferencing and collaboration solutions are offered for enterprises.
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Sococo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Sococo Comparisons
Competitors of Sococo
Sococo 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 Gather, Multi, Roam, Sketch and Tonari, 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 video conferencing solutions are offered by Gather.
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| domain | founded_year | HQ Location |
Virtual collaboration spaces for enterprises are provided via multi-device applications.
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| domain | founded_year | HQ Location |
Cloud-based virtual spaces are offered for enterprise collaboration and meetings.
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| domain | founded_year | HQ Location |
Product design & prototyping toolkit
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| domain | founded_year | HQ Location |
Virtual collaboration software and hardware are provided for teams.
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| domain | founded_year | HQ Location |
A cloud-based VR/AR platform for virtual professional collaboration is offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Sococo
Frequently Asked Questions about Sococo
When was Sococo founded?
Sococo was founded in 2007 and raised its 1st funding round 3 years after it was founded.
Where is Sococo located?
Sococo is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.
Is Sococo a funded company?
Sococo is a funded company, having raised a total of $10.72M across 5 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $530.1K, raised on Dec 29, 2010.
How many employees does Sococo have?
As of Dec 31, 2017, the latest employee count at Sococo is 27.
What does Sococo do?
Sococo is a cloud-based video conferencing software provider. It offers features such as multiple video chat streams, video conferences with chat functionality, voice chat, screen sharing, multiple screens, and telephone integration.
What products or services does Sococo offer?
Sococo offers Sococo Platform and Collaboration Tools.
How many acquisitions has Sococo made?
Sococo has made 1 acquisition, including CliqMeet.
Who are Sococo's investors?
Sococo has 1 investor. Key investors include ESW Capital.
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