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First Virtual Communications  (Stock symbol: FVCX ) Acquired by RADVISION (2005 $ 7)

3200 Bridge Parkway #202
Redwood City, CA 94065
Website Company Summary Management Team

Outside board: (May no longer be on the board) Norman Gaut (PictureTel CEO);  Edward Harris (Vulcan Capital);  Werner Schmucking (Siemens);  George Sollman (Arabesque Investments);  Adam Stettner (Stettner Consultants)
Former outside board: Neal Douglas (AT&T Ventures);  Pierre Carlo Falotti (Oracle);  David A. Norman (Tech Elite CEO);  James Swartz (Accel) Enzo Torresi (ICAST Corp CEO);  Ralph Ungermann (First Virtual Communications Founder);  Robb Wilmot (Convergence Partners)

Business description: First Virtual Communications develops industry-leading software solutions for web conferencing and videoconferencing. We provide the best of web conferencing and the best of videoconferencing by offering the richest featured, most intuitive, scalable and affordable way to meet over IP-based networks, including the Internet. First Virtual Communications also enables videoconferencing software solutions to be extended to ISDN and ATM networks. This way, existing video conferencing equipment is extended into the web conferencing realm. By delivering these attributes our solutions are unmatched. First Virtual Communications' flagship product family, Click to Meetâ„¢, provides a complete solution for delivering the next generation of applications that address the online conferencing needs of small and large companies as well as service providers and enterprise portals. Click to Meet can be integrated seamlessly with popular groupware, messaging, and conferencing environments such as Microsoft Exchange/Outlook, instant messaging, and standards-based audio and videoconferencing.
Customers include: British TelecomIBMNortel Networks;  AGENCE FRANCE-PRESSE;  Apollo College;  British Airways;  Calderdale Education System;  Chunghwa Telecom;  East of England Broadband Network;  KONE Italia;  Petrol;  Royal Netherlands Army;  The Limited
Partners include: ATandTBay NetworksCheck Point Software TechnologiesCisco SystemsEricssonKanematsuLotus SoftwareMicrosoftNetScalerSigma DesignsSun Microsystems;  Olivetti;  Telework Consortium

Rounds: 4
Capital raised: 12.0M
Ownership: Acquired by RADVISION (2005 $ 7)
Stock Symbol: FVCX
VCs include: NEAGoldman SachsVulcan Capital
Angels/other VCs: Pierre Carlo Falotti (Oracle);  Enzo Torresi (iCast)
Corporate investors: PeeryAndArrillaga

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Last Mentions

Record updated: Jun 2006
Sector: Communications
Year Founded: 1993
Headcount: 151-200 as of Jan 2005
Rounds: 4
Capital Raised: 12.0M
Ownership: Acquired by RADVISION (2005 $ 7)
Stock Symbol: FVCX