Droplet, Inc.

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Droplet, Inc. - overview

Location

Dallas, TX, US

Primary Industry

Software

About

Droplet, Inc. develops rich thin client applications that enhance user experiences across multiple devices. Its primary offering, Droplets Flow, enables secure cloud-based application publishing. Droplet, Inc.


specializes in the development of cloud-based applications, providing user-friendly tools for businesses and developers. The company was founded by Frank Rose, who has a history of entrepreneurial ventures. In March 2012, Droplet was acquired by Vivox Inc. , a portfolio company of Canaan Partners and others, although the financial terms were not disclosed.


The company is based in Dallas, US. Droplets primarily offers a suite of rich thin client applications designed to provide seamless user experiences across various devices, including PCs, handheld devices, and internet terminals. The core product, Droplets Flow, is a hosted platform that allows users to publish connected applications in the cloud, integrating the UI capabilities of the Droplets Toolkit with data from sources like Google documents and specific databases. This service enables the creation and customization of applications directly within the platform, addressing use cases that demand high security and efficient bandwidth utilization.


The company's offerings target businesses and developers across global markets, focusing on sectors that require secure and flexible application deployment solutions. Droplets generates revenue through a tiered pricing model associated with its Droplets Flow platform, which includes a free tier allowing basic app creation within specified storage and performance limits. Higher tiers offer enhanced capabilities, including increased limits, performance guarantees, monitoring features, and usage reporting, catering to businesses requiring robust application performance. The company engages in a business-to-business (B2B) transaction structure, where clients, primarily organizations and developers, subscribe to these tiered plans to access advanced functionalities.


This pricing structure effectively allows for scalability, accommodating a range of client needs from individual developers to larger enterprises seeking comprehensive application solutions. Droplet, Inc. is focused on expanding its product line and market reach. The company aims to launch new enhancements to the Droplets Flow platform by the end of 2023, which will include advanced features for enterprise clients.


Additionally, Droplet is targeting expansion into European and Asian markets by 2024, leveraging its existing technology to attract new customers. The recent acquisition by Vivox Inc. in March 2012 is expected to provide the necessary resources to support these growth initiatives.


Current Investors

Vivox, Inc.

Primary Industry

Software

Sub Industries

Software

Website

www.droplets.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Droplet, Inc. - employee data

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Droplet, Inc. - key contacts

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Board Member and Vice PresidentBM

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