30 Jun 2013

TokBox

TokBox

TokBox Inc
Tokbox-175.png
Type Private
Headquarters San Francisco, California, California
Founder(s) Serge Faguet
Ron Hose
Key people Ian Small, CEO
Roelof Botha, Board Member
Scott Friend, Board Member
Bernd Girod, Board Member
Jawed Karim, Investor
Owner Telefónica Digital a subsidiary of Telefónica
Website www.tokbox.com
Alexa rank positive decrease 62,978 (April 2013)
Type of site Videoconferencing
TokBox provides a free API that allows anyone to add group video chat features to their own websites. Experienced programmers use the OpenTok API to build custom interactive video chat applications. More casual users can download OpenTok plug-n-play apps that provide the same group video chat capability when users drop them into their personal blogs or websites.
TokBox was founded by entrepreneurs Serge Faguet and Ron Hose and is financed by Sequoia Capital, Bain Capital and Youniversity Ventures. As of 2010, TokBox has received $14 million in series A and B funding and is headquartered in the South of Market district in San Francisco, CA. TokBox was acquired by Telefónica Digital a subsidiary of Telefónica in October 2012.
In 2011, TokBox changed its focus from running a branded video conferencing service to building the OpenTok API platform.

Features

Multi-party video chat

TokBox's OpenTok platform allows users to start a multi-party video chat with up to 20 people. The API does not require download for use and it is set up to allow the creator of the video chat to invite non-tokbox users into the call via email, instant messaging or by publishing the URL on their Twitter / Facebook / MySpace accounts.
OpenTok plug-n-play apps are downloadable widgets that allow users to quickly add group video chat functionality to their websites and blogs.

TokBox Platform & Partnerships

TokBox makes the OpenTok API available to partners who wish to add multi-party video chat to their own websites or applications.
TokBox lists SlideShare, eBuddy, Bibbil, ProctorU, McKinney, and PokerView as partners who use the API.


2007

August – Series A funding from Sequoia Capital
October – Launched www.tokbox.com
November – Launched multi-party chat and partnership with Meebo

2008

April – TokBox Version 2 launched
July – Series B Funding from Bain Capital Ventures and Sequoia Capital
September – Launched the TokBox platform/ API

2009

Added document collaboration tool—Etherpad (now owned by Google)

2010

January rolled out its first set of paid features--$9.99 per month.
November announced the OpenTok API

2011

February TokBox announced that as of April 5, 2011 they will be discontinuing the TokBox video chat and video conferencing service to focus solely on their API, OpenTok.

Controversy

TokBox was the subject of controversy when 50% of their engineering staff was fired in July 2009. This happened around the time TokBox changed CEOs. The VP of Marketing is stated as saying the firings were part of the CEOs new restructuring plan. None of the original founders are currently with TokBox.
Around 2007, one of the users had privacy issues—his friend was able to connect to his account—allowing his friend to view and hear him talk to himself. However, Tokbox seems to have addressed this issue now.

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