SlideRocket Raises $5 Million For Online Presentation Platform
by Leena Rao on July 20, 2009

SlideRocket, a startup that helps create online presentations, has raised $5 million in Series B funding led by Azure Capital Partners with Hummer Winblad Venture Partners participating. This new round of funding brings SlideRocket’s total funding to $7 million. The company also announced that Chuck Dietrich, former General Manager and Vice President at Salesforce.com, has joined the company as CEO.

SlideRocket is an online presentation application that produces media rich slideshows that rival PowerPoint presentations. SlideRocket says it will use the funding to grow the company by adding more hires and help continue innovation of the product.

SlideRocket took the beta label off last fall and added collaboration tools to let users share slides and other assets between presentations and turn on a conference mode similar to WebEx, allowing users on different computers to view the same presentation simultaneously.

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  • The demo was quite slow for me…and I have a 2 Ghz machine…I hope only the demo is slow and not the product itself.

  • So both Prezi and SlideRocket announce their financing on the same day. Side-by-side comparison, Prezi really moves the presentation applications in a new direction. SlideRocket just seems to be pretty much Powerpoint but online.

    • Sure, if you ignore the slide library, collaboration features, 3rd party marketplace, analytics, powerpoint import and tons of other features.

      Don’t be fooled by the hype – Prezi is a cute toy that will never be used by mainstream biz folks. SlideRocket is a real business application and the funding probably represents that.

      • And Prezi’s funding doesn’t?

        Just because their funding isn’t in the millions, doesn’t mean they are not a competitor.

  • SlideRocket is hands down the best online presentations software. Period. It does so much more than PowerPoint and it’s WAY easier to use then Prezi. Game over, SlideRocket wins. All the best to Mitch and the team.

  • Neither comes close to PresenterNet. PresenterNet actually allows you to collect data during the presentation. Just sitting and watching bells and whistles is useless. Why not actually qualify your leads DURING the presentation? And have the results written automatically to Salesforce.com? PresenterNet integrates audio, video, animation and complete control either in stand alone or presenter modes. We developed an online slide editor for PresenterNet in 2004. The result? 99% of the world uses Powerpoint. Game over.

  • And everyone will still use SlideShare.

  • They sound like competition to Slide.com

  • I used SlideRocket for one of my presentations this past term in college, my presentation turned out perfect. I now do all presentations in SlideRocket

  • This seems like a fantastic product, very nicely put together etc, but how are they ever going to market it in such a way as to really bring in customers.

    I would take a guess that 90%+ of presentations are created (although probably not delivered) by admin staff. I really doubt most of those admin staff sit at their desks thinking “there must be a better way than Powerpoint”. They are not going to google for solutions, because they don’t have a problem in the first place.

    And then for the few that do find the product, they find their is a learning curve, so that puts them off. Then the few that make it that past that find a boss that is anti moving from Powerpoint. The few that get permission to actually make the transition get to the board room to do the presentation, and the WiFi is out. Gameover.

    Good luck to them because they are obviously a smart team that has produced a fantastic looking product, but they have quite a few competitors and they are all scratching an itch that very few people actually have.

  • Does anyone know where there is a list of ALL (or at least most) of the companies in this area?

  • Stuart Brackstone - July 21st, 2009 at 3:48 am PDT

    Office2010 takes ppt online and makes most of this obsolete, including 3d transitions and screenshots. Well most of the features. For preserving all ppt features, I use slideserve.com to upload presentations and i just love it.

    • You’re probably right, because everything Microsoft does always renders all other technologies obsolete. Not enough available characters to list their product failures.

  • It’s amazing how online presentation tool’s seem to be back, other’s include http://www.formatpixel.com , http://www.scrapblog.com , and the team that made buzzword have developed a presentation online tool for adobe …

  • Olivia Anchetta - July 21st, 2009 at 6:45 am PDT

    Agree with andrew lawson there. Powerpoint is still and always be the king. I like services that support ppt itself better like http://www.slideshare.net and http://www.slideserve.com.
    tx
    O

  • Does nay one has ability to show presentation in offline mode ? Seriously if they have to give powerpoint a run for money , this becomes critical.

  • Product has been in the market 2+ years yet traffic charts are flat and according to compete to be around 20k uniques/month. If so probably making $100-150K/month in revenue, meaning likely not profitable. Might be a good product (can’t opine as I never tried) but seems like it has failed to break out of a niche and in a market where competition is abundant and pricing hard to sustain. I’d give recent round investors 30% chance of exiting with a modest upside.

    • Compete is far from accurate. They report ~4000 uniques/month for SlideSix and Google Analytics is showing me > 17,000.

      Oh, and if 20k uniques = 100-150k in revenue can you share that secret with me?

      • I’ve benchmarked compete against internal stats for several websites and have found that compete is usually in the +/- 20% range. Which is close enough for these purposes.

        20K uniques/month and three pricing models: business ($20/mo), individual ($10/m0) and free. Assuming 20% are business users and 20% individual then we get $120K in revenue. A 20/20/60 split for premium/middle/free user types is relatively typical for these sorts of services.

      • Well of course, since Compete only measures the traffic within United States.

  • “The Series B funding will help SlideRocket add headcount.” (Source: http://www.busi...amp;newsLang=en)

    Uh oh.

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