Ribbit was a
telecommunications
Telecommunication, often used in its plural form or abbreviated as telecom, is the transmission of information over a distance using electronic means, typically through cables, radio waves, or other communication technologies. These means of ...
company based in Mountain View,
California
California () is a U.S. state, state in the Western United States that lies on the West Coast of the United States, Pacific Coast. It borders Oregon to the north, Nevada and Arizona to the east, and shares Mexico–United States border, an ...
. It was acquired by
BT Group
BT Group plc (formerly British Telecom) is a British Multinational corporation, multinational telecommunications holding company headquartered in London, England. It has operations in around 180 countries and is the largest provider of fixed-li ...
on July 29, 2008, for $105 million.
On August 10, 2011, Ribbit announced it was closing most of its external-facing operations and developer program within a couple of months. The company was subsequently integrated into BT's Technology, Service and Operations division.
The company's goal was to make voice communications a programmable feature, one that can be easily added to Web pages and software applications.
[Robert Poe, VoIP-News. ]
Ribbit Takes Its Platform Public
” November 17, 2008. Retrieved September 16, 2009. Its competitors included
IntelePeer[Matt Marshall, VentureBeat. ]
IntelePeer raises $18M for telephony-Web platform
” November 11, 2008. Retrieved July 10, 2009. and
Jajah.
[Om Malik, New York Times. ]
Why IntelePeer Snagged $18 Million in Funding
” November 11, 2008. Retrieved July 13, 2009.
History
Ribbit was founded on February 23, 2006.
The company received a total $13 million in funding from
venture capital
Venture capital (VC) is a form of private equity financing provided by firms or funds to start-up company, startup, early-stage, and emerging companies, that have been deemed to have high growth potential or that have demonstrated high growth in ...
ists Alsop-Louie Partners, Allegis Capital and KPG Ventures.
Ribbit officially launched on December 17, 2007. BT Group then acquired the company on July 29, 2008, for $105 million.
The company made its platform for application developers public in November 2008.
[Robert Poe, VoIP-News. ]
8 VoIP Trends to Watch in 2009
” January 5, 2009. Retrieved September 16, 2009.
Products & Services
Ribbit offered a
platform that allowed
application developers to interact with
telephone networks
A telephone, colloquially referred to as a phone, is a telecommunications device that enables two or more users to conduct a conversation when they are too far apart to be easily heard directly. A telephone converts sound, typically and most ...
.
Ribbit Platform was a multiprotocol, cloud-based environment for programmable communications. Developers, ISVs, and carriers could use Ribbit Platform tools and APIs to add voice, SMS text messaging, and other communications features to any Web page or application. Developers could directly access Ribbit's global phone network using Flex, Flash, Java, PHP, .Net, Silverlight, and other familiar programming tools.
Ribbit Mobile was a software service built on the Ribbit Platform that linked landline and mobile phones to the Internet, allowing people who use the service to manage all their calls and messages in one place. Voicemail messages were automatically transcribed and sent to users as email and SMS texts. Ribbit Mobile worked with users’ existing phone numbers. Ribbit Mobile also allowed users to make calls directly from their computers.
Ribbit for Salesforce was a software service built on the Ribbit Platform that linked mobile voice communications to email, SMS text messaging, and Salesforce CRM. Ribbit for Salesforce was voted “Best Mobile App of 2008” by Salesforce customers.
[Kelly McGuire, TMCnet. "Salesforce.com Now Equipped with Ribbit's Latest Software for Salesforce CRM."November 17, 2009. Retrieved January 6, 2010.] Sales professionals could use Ribbit for Salesforce to save voicemail, email, SMS text messages, voice memos, and recorded meeting notes in Salesforce and automatically map communications to sales contacts and opportunities. Voicemail messages were automatically transcribed so they could be easily read, saved, searched, and forwarded.
Bring Your Own Network (BYON) was a program that allowed telecommunications carriers to offer Ribbit Mobile and Ribbit for Salesforce to their customers as an add-on service. In addition, the program enabled carriers to use Ribbit Platform tools and APIs to develop new consumer services based on Ribbit's global phone network. Carriers could use Ribbit to avoid long development lead times, staff, and equipment costs associated with rolling out new services.
References
{{DEFAULTSORT:Ribbit (Telecommunications Company)
BT Group
Companies based in Mountain View, California
Software companies based in Mountain View, California Telecommunications companies established in 2006