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Highfive, Inc. Surpasses One Million Call Minutes per Week and 1,400 Customers in First Year
Fast-Growing Video Conferencing Company Expands Offering With New Premium Tier
REDWOOD CITY, CA--(Marketwired - Mar 15, 2016) - Highfive, Inc, the modern video conferencing system delivering the ultimate meeting room experience, today announced 341% annual growth in customers during 2015 and an expanded Premium offering for its combined hardware and SaaS software solution. Highfive's customers have outpaced the growth rate and product usage of legacy video conferencing solutions by reaching one million call minutes per week -- surpassing a milestone that competitors took years to reach -- and demonstrating the market demand for modern, lightweight hardware solutions.
Since launching in October 2014, Highfive's easy-to-use, affordable solution has helped more than 1,400 businesses collaborate through seamless video conferencing and wireless screen sharing. Companies like Rue La La, Expensify and Warby Parker have replaced existing legacy solutions with Highfive's custom-designed conference room hardware, which integrates video, audio and wireless control for unparalleled usability and eliminates persistent conference room collaboration issues associated with endless adapters, cords and failed sign-ons.
"Rue La La is a leader in online boutique fashion, and we have more than 600 employees distributed at locations across the country working to support our customers. In order for our teams to work well together in this highly visual industry, face-to-face interaction is critical," said Todd Rubel, Director of Technology Systems at Rue La La. "We tried a variety of conference room solutions, but they were difficult to use and lacked screen sharing capabilities. Highfive's hardware and software combination gives all our employees easy access to quality video conferencing and screen sharing -- no IT assistance necessary. It's a better way of doing meetings."
Now with Premium Edition, Highfive increases their offering for both small companies with basic collaboration needs, and larger enterprises who need additional capabilities, control, and customization. Premium Edition eliminates traditional SaaS per-user fees in favor of a per-room use case, and now offers additional features such as mobile, audio-only dial-in without pin codes or meeting numbers, custom branding for all TV screens and laptops, password-less logins and single sign-on, and also administrative controls.
"The promise of video conferencing has never been realized because the technology trying to deliver the solution gets in the way of how people want it to work," said Shan Sinha, CEO and Cofounder of Highfive. "With 80% of meetings still including a conference room, our vision was to finally create the ultimate collaboration experience and bring real, face-to-face conversations back into the workplace. With so many collaboration tools, we've forgotten how important it is to have real conversations that deliver productivity and efficiency while forming the foundation for every company's culture."
For more information about Premium or to try out Highfive in your conference rooms, visit Highfive.com.
Highfive's modern meeting room solution delivers high quality enterprise video conferencing to any size conference room that everyone can use without IT. Highfive combines sleek all-in-one video and audio hardware with SaaS that allows people to control what happens in the room, and for remote participants, from their personal device. With a user-friendly design and per room pricing, businesses can upgrade every room with an easy-to-use collaboration and video conferencing solution at 1/20th the cost of traditional products. Highfive is based in Redwood City, California and backed by General Catalyst, Lightspeed Ventures and Andreessen Horowitz.
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