Instant-messaging firm Odigo today announced it is to raise $10 million to $20 million in its third financing round.
The company also said that Howard Woolf has been appointed as President and CEO.
Woolf has over 25 years experience in software and middleware. He formerly served as president of the Americas at Intel Dialogic, a subsidiary of Intel (Nasdaq:INTC).
Woolf said that the next generation of cellular phones will support the transmission of instant messaging, and include instant-messaging software, enterprise instant-messaging platforms, and capabilities for instant-messaging hosting services.
Odigo secured $6 million in its seed and first financing round from Prodigy Communications, StarMedia Network, and private investors.
ODIGO NAMES HOWARD WOOLF CHIEF EXECUTIVE OFFICER
New York, NY (January 30, 2002) - Odigo Inc., the leading provider of Instant Messaging and Presence Solutions to wireless carriers and service providers worldwide, today announced the appointment of Howard Woolf as President and Chief Executive Officer. Mr. Woolf joins Odigo from Intel Dialogic where, as President of the Americas, he focused on voice servers, software and services for the OEM Enterprise and Service Provider Telecommunications market.
Mr. Woolf brings over 25 years of experience in the technology industry. His expertise includes launching and successfully growing both "Application" and "Middleware" software product businesses from start-up to greater than $100M concerns. In addition to his years with Intel, Mr. Woolf has a distinguished career with General Electric and Compaq/Digital Equipment. He is an Engineering graduate of Clarkson College of Technology and holds an MBA in Finance from Boston College.