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Fuze (acquired by ThinkingPhones)

Founded Year

1998

Stage

Acquired | Acquired

Total Raised

$68.5M

About Fuze (acquired by ThinkingPhones)

Fuze is solving the collaboration challenges of today's highly distributed teams and mobile workforce by reinventing visual communication and collaboration in the workplace. Available across multiple platforms, Fuze offers high-definition video conferencing across desktop web app, tablets, iPhone and Android, or Fuze Rooms. Fuze also connects with legacy video conferencing systems and offers a significantly lower total cost of ownership compared to traditional conferencing products and services. Leading organizations such as Thoughtworks, Groupon, Macys.com, Starbucks, Evernote and University of California Office of the President are standardizing on Fuze because of its seamless voice, video and content capabilities across devices, desktop and meeting rooms. Fuze was acquired by ThinkingPhone in Nov 2015. ThinkingPhone subsequently rebranded to Fuze.

Headquarters Location

150 Spear Street Suite 900

San Francisco, California, 94105,

United States

415-692-4800

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Latest Fuze (acquired by ThinkingPhones) News

How a Zoom Wannabe Left Employees Empty-Handed

Feb 28, 2022

Feb. 28, 2022 6:00 AM PST Things were beginning to look grim last year for Fuze, a struggling Zoom Video Communications wannabe. It was running low on cash and facing potentially suffocating loan payments, according to documents viewed by The Information. The company began actively shopping itself to potential acquirers. Inside Fuze, though, the CEO at the time, Brian Day, painted a much rosier picture of the future. In all-hands meetings throughout last year, he repeatedly told employees the company was nearly profitable, five current and former employees who heard the comments said. And in July, Fuze even dangled a carrot to keep employees from leaving the company by dramatically lowering the exercise price on their older stock options, according to an internal memo sent to employees. But in December, many of those employees were stunned when they learned their equity grants would be nearly worthless as a result of the acquisition of Fuze by a rival, 8x8. The $250 million price of that deal was a mere fraction of Fuze’s former value. What stung even more: Fuze executives would get generous stock awards from the acquiring company, 8x8, for closing the deal. Day, who received stock worth $3.5 million, got the biggest award of them all, according to a document Fuze sent to its shareholders and employees in late 2021. Join now to read the full story

Fuze (acquired by ThinkingPhones) Frequently Asked Questions (FAQ)

  • When was Fuze (acquired by ThinkingPhones) founded?

    Fuze (acquired by ThinkingPhones) was founded in 1998.

  • Where is Fuze (acquired by ThinkingPhones)'s headquarters?

    Fuze (acquired by ThinkingPhones)'s headquarters is located at 150 Spear Street, San Francisco.

  • What is Fuze (acquired by ThinkingPhones)'s latest funding round?

    Fuze (acquired by ThinkingPhones)'s latest funding round is Acquired.

  • How much did Fuze (acquired by ThinkingPhones) raise?

    Fuze (acquired by ThinkingPhones) raised a total of $68.5M.

  • Who are the investors of Fuze (acquired by ThinkingPhones)?

    Investors of Fuze (acquired by ThinkingPhones) include Fuze, Fusion Global Capital, Insight Partners, Khosla Ventures, Index Ventures and 5 more.

  • Who are Fuze (acquired by ThinkingPhones)'s competitors?

    Competitors of Fuze (acquired by ThinkingPhones) include Huddle and 4 more.

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