Plaxo, Inc. keeps people connected by solving the common and frustrating problem of out-of-date contact information. Founded in July 2001, Plaxo provides a free service that securely updates and maintains the information in your address book. Plaxo is the universal digital assistant; available to you wherever and whenever you need it to keep you organized, on top of your life and in touch with those you care about.
Since its release in beta in November 2002, Plaxo has become widely popular, adding an average of 20,000 new users every day due to the service’s ease-of-use and simplicity.
Plaxo was acquired by Comcast in May 2008 for between $150mm – $170mm.
Financials
| Date | Type | Amount | Investors | Valuation |
|---|---|---|---|---|
| 11/01/02 | Series A | 3.8M | Indiana’s 21st Century Technology Fund | Unknown |
| 07/01/03 | Series B | 8.5M | Morton Meyerson | Unknown |
| 04/01/04 | Series C | 7M | Monster Ventures Partners | Unknown |
| View more financial info about Plaxo | ||||
People
Redgee Capili (Chief Privacy Officer)
Joseph Smarr (Chief Platform Architect)
Rikk Carey (Board Member)
Chetan Bansal (Board Member)
Venkates Swaminathan (VP Business Development)
Competitors
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