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    HomeNewsBusinessCompaniesSalesforce.com acquires Web Company Dimdim for $31 mn

    Salesforce.com acquires Web Company Dimdim for $31 mn

    World's leading customer relationship management (CRM) software maker Salesforce.com has acquired Dimdim, Inc, a US and India based web conferencing company.

    January 07, 2011 / 17:54 IST

    World's leading customer relationship management (CRM) software maker Salesforce.com has acquired Dimdim, Inc, a US and India based web conferencing company. The acquisition of Dimdim is for approximately USD 31 mn in cash, net of cash acquired.


    VCCircle was the first to report in November that Salesforce.com is close to acquiring Dimdim.


    Dimdim, founded in 2007, had raised a total of USD 8.4 mn in two rounds of venture funding from the same set of investors which included Mumbai-based Nexus Venture Partners, Index Ventures and Draper Richards - some of whom have backed companies like Skype, Hotmail, and MySQL.

    Dimdim
    first published: Jan 7, 2011 09:10 am

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