Interwise

ADDRESS 25 First St., Suite 412
Cambridge, MA 02141

PHONE 1-617-475-2200

FOUNDED 1994

CEO Frank Zvi

EMPLOYEES 130

FUNDING $90.7 million, 4 rounds

KEY INVESTORS Lazard Technology Partners, STI, 75 Wall Street Partners, Fibi Invest, Eris Consultancy, Leeds Equity Partners, GE Capital, UBS Capital

Not long ago, video conferencing and voice conferencing were separate technologies and separate businesses—the former had its own separate room with a portable screen and a shaky picture. But things have changed. Companies like Interwise now offer voice, video, and data in a single product. Interwise’s ECP Connect is an IP-based conferencing tool that even firms on a strict budget can afford, says the company. ECP Connect’s licensing allows unlimited users for unlimited sessions, rather than the per-minute or per-user charges that have limited video conferencing technology to companies with deep pockets. With the emergence of IP as the protocol of choice, the barrier to entry in this market is low, so Interwise will have to innovate to stay ahead.