Dialpad

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Dialpad
Type Subsidiary
Founded Flag of the United States United States
Headquarters Flag of the United States United States
Parent Yahoo!

Dialpad Communications was an early pioneer in the Voice over IP industry that was founded in 1999 after spinning out from Serome Technologies in Seoul, Korea and moving to Santa Clara, California in the United States. Dialpad business model was to give free PC to Phone calls to the US and to monetize the traffic through advertising on the dialing client. Dialpad was the fastest growing communications company in history, with over 14 million registered users in its first 12 months of operations.

Dialpad raised $68 million in 2000 from CMGI's @Ventures, Serome, and Sterling Payot Capital, among others. A victim of overspending and the dot.com bubble, the company was near closing in late 2001. Dialpad replaced its prior management of Brad Garlinghouse (CEO), Ted Cho (CTO) and Doug Ahn (President) and replaced them with Craig Walker (CEO), Vincent Paquet (VP Bus. Dev. & Marketing) and Michael Tribolet (VP Operations). New management took the company through a Ch. 11 bankruptcy reorganization in 2001, and raised an additional $6M from Sang Su Oh, the former Chairman and CEO of Serome. The company grew to be a profitable leader in the industry that was acquired by Yahoo! in 2005.


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