Oogwave Inc. Gets New Ownership

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Oogwave, Inc., a cloud enterprise team collaboration platform, today announced the change of ownership to their Indian partners and entrepreneur Gaurav Jain and team. Sunny Pusph and Andy Cobb, the co-founders, have stepped down from operational roles and will now be associated as advisors to the company.

Oogwave, Inc., a cloud enterprise team collaboration platform, today announced the change of ownership to their Indian partners and entrepreneur Gaurav Jain and team. Sunny Pusph and Andy Cobb, the co-founders, have stepped down from operational roles and will now be associated as advisors to the company.

“The enterprise cloud collaboration market is a challenging market with no clear winner or strategy and we’ve learned that a really different approach to product is required to make oogwave.com a success in the crowded market.” said Sunny Pusph, CEO of Oogwave, Inc. “We are pleased to transfer the ownership of Oogwave Inc., to our Indian partner and co-founder, Gaurav Jain and his team, who have been key people in the design, direction and development of oogwave.com and are passionate about making oogwave the best product in the market.”

Gaurav Jain, a graduate of IIT Roorkee 2001, with his team brings in 10+ years of experience of working in SaaS product industry and is confident of making Oogwave, as of the top three products in the enterprise cloud collaboration market.

“There is a lot of work to be done to get Oogwave Inc., to where it needs to be in the grand scheme of things and we plan to work very hard to make this happen. We've got real challenges but we've got a very strong and talented team, financially and otherwise,” said Gaurav Jain, new CEO of Oogwave Inc.

The sale of the Oogwave Inc. represents a change in strategies, and the few changes that will come in effect are introduction of pricing model, private cloud hosting option for enterprises and a significant push towards partner ecosystem.

The new ownership brings strong leadership and new ideas to Oogwave with the goal of providing superb product, exceptional and improved user experience, while remaining committed to the existing customers and users.

About Oogwave Inc.

Oogwave, Inc., founded in 2011, provides cloud enterprise collaboration platform service as oogwave.com, a new way to engage colleagues, partners and friends. Oogwave combines the power of collaboration software, communication software and social networking into a single integrated platform but keeping it all restricted into private groups. Just as social technologies have changed our personal lives, Oogwave is changing how enterprises create competitive advantage.

Media Contacts:

Rana Porter
press(at)oogwave(dot)com
Oogwave Inc.
http://www.oogwave.com

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Rana Porter
Oogwave Inc.
+91 120 4299793
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