ADVERTISEMENT

join.me raises LogMeIn revenue by 31%

Analysis

Hungarian startup LogMeIn saw its revenue jump by 31% in the first quarter of this year thanks to its join.me service, which enables users to hold video conferences for free, the firm said in a press release.

User numbers of join.me surpassed 500,000. The service is free to use and requires no downloads, as such video conferences can be launched in seconds, the firm noted. The online service is compatible with PCs and as well as iOs and Android smartphones.

“With the current innovations we are getting close to competitors like Skype for Business, GoToMeeting and Cisco WebEx. Our users, apparently, choose our service for its easy use, as it is an anonymous system, where you need no identification, you just need to click the invitation link. This simplicity is what gives us great growth potential on the market,” Attila Túróczy, director of engineering at LogMeIn said.

ADVERTISEMENT

Manufacturing Purchasing Managers' Index rises Analysis

Manufacturing Purchasing Managers' Index rises

Lawmakers approve residency permit for digital nomads Parliament

Lawmakers approve residency permit for digital nomads

The strongest move - Morgan Stanley Hungary head and Chess F... Podcasts

The strongest move - Morgan Stanley Hungary head and Chess F...

ITM, capital gov't agree on support for public transport City

ITM, capital gov't agree on support for public transport

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.