alarm:clock

Web 2.0 - Tuesday, September 30, 2008

It Takes Two To Tungle. Calendering Firm Raises $5M

Like many other publishers, your alarm:clock crew is partial to the Mac. One downside is meeting scheduling as our Entourage email client does not schedule well with Outlook users. So something like Tungle sounds nice.

Tungle has raised $5M in Series A funding led by Commonwealth Capital Ventures led the round with seed backers JLA Ventures and Desjardins Venture Capital. We last posted on Tungle in May when they raised $1.5M.

Back then we agreed with Tungle's propositions that one of the biggest time sinks in business is trying to coordinate a meeting with one or more co-workers or clients without knowing their availability. Tungle gives a meeting organizer the ability to access, with permission, free/busy data from attendees calenders, no matter which calender they use. Tungle offers a free version with basic features, and a premium version that it will sell for an annual subscription fee. Since we last looked at it, Tungle made an upgrade whereby you don't need to download software.

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