trumba2.gif

Trumba, a Seattle start-up that lets you share your calendar with others online, has raised $8 million in Series B funding, according to PEW (scroll way down).

But with Silicon Valley companies like Zimbra (which has raised $16M), AirSet ($2M internally) and others (we met yesterday with someone who is eager to launch) now in this space with free products for individual users, we’re wondering why Trumba thinks they can get away with charging $40 a pop per year? Even if you do pay, you wouldn’t be able to…

share with others — unless they pay too. Tough proposition, as our colleague Langberg said. Or is that why Trumba raised $8 million — so they can afford to give it away and make money some other way?

Anyway, Trumba’s investors in this round include Oak Investment Partners, and existing backers August Capital and Kleiner Perkins.

Airset, by the way, told us they planned to raise outside capital after generating some revenue, which they predicted would be late-summer with the release of a mobile software version (btw, you’re hosed if you’re a start-up and don’t have a mobile version these days). So perhaps we will hear from them soon too. Airset is based in Pleasant Hill, on the northeast fringe of the Bay Area.

VentureBeat

VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
  • up-to-date information on the subjects of interest to you
  • our newsletters
  • gated thought-leader content and discounted access to our prized events, such as Transform 2021: Learn More
  • networking features, and more
Become a member