A startup headed by ex-Tibco execs is launching a free text messaging and voice app today targeted at the still-open business market.
Los Altos, Calif.-based Avaamo is citing the speed of the app, its encryption and other security, the ability to communicate with non-Avaamo users, and business-oriented functions as its core features. The company is also announcing today that it has raised a $6.3 million seed round.
The co-founders, CEO Ram Menon and CTO Sriram Chakravarthy, previously led the Tibbr social computing product at Tibco. The idea for the new company began when Menon had to negotiate a contract via messaging.