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Highfive

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Makes meetings awesome with insanely simple video conferencing designed for meeting rooms, featuring video conferencing hardware and software built together

Redwood City, United StatesFounded 2012Other B2B Software
Valuation $100–250M Last recorded · 2018
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Highfive and the history behind them.

About Highfive

Highfive emerged in the video conferencing market, founded in 2012 by Shan Sinha and Jeremy Roy. The company officially launched in 2014, aiming to simplify meeting room collaboration with an integrated hardware and software solution. Sinha, previously the co-founder and CEO of DocuSign, and Roy, a former product leader at Google, brought significant enterprise software and product development experience to the venture. Their vision for Highfive was born from the frustration with the complexity and high cost of existing video conferencing systems.

The company's core offering was an all-in-one device that combined a high-definition camera, microphones, and a CPU, which could be placed on any TV to turn it into a video conferencing endpoint. This hardware was tightly integrated with its cloud-based software, enabling features like one-click meeting starts from a calendar, wireless screen sharing from laptops via WebRTC, and seamless joining from mobile devices. Highfive targeted mid-market companies that needed a scalable and user-friendly communication tool without the hefty price tag and IT overhead associated with traditional systems from providers like Cisco or Polycom. The business model was primarily subscription-based, bundling the hardware and software for a monthly per-room fee, which was a departure from the industry standard of large upfront hardware costs.

In a significant market development, Dialpad, a cloud communications platform, acquired Highfive in September 2020. This strategic acquisition allowed Dialpad to integrate Highfive's video conferencing technology into its unified communications suite, creating a more comprehensive offering that included voice, messaging, and video. The Highfive team and technology were absorbed into Dialpad, effectively marking the end of Highfive as a standalone entity.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2012
Headquarters
Redwood City, United States
Employees
29
Open positions
None listed
Dealroom signal
62.6/100
Industry
Telecom, Enterprise Software
Sector
Other B2B Software, Developer Tools, Web Development, Video Chat, Hard Tech
Technology
Hardware
Business model
SaaS
Client focus
b2b

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing Sep 2020 $0 — Dialpad —
SERIES COther financing Feb 2018 $32M $128M Lightspeed Venture Partners · General Catalyst · Andreessen Horowitz · Dimension Data —
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Growth signals

Highfive website traffic

Latest recorded traffic for Highfive is 350 monthly website visits, up 150% over the last three months. Highfive's team grew 0% over the past year.

Latest monthly visits350 3-month web change+150% 1-year team growth0%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

11 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A9 investors entered at this stage

Series B and later1 investor entered at this stage

  • Dimension Data

Other known investors1 additional known investor

  • Dialpad
Team profiled 31 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Redwood City HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Highfive on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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