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MADHAV A. CHANCHANI, 06 January, 2010
Personal offshoring firm iYogi has raised a fresh round of funding led by venture capital firm Draper Fisher Jurvetson (DFJ). iYogi has raised $15 million in its series-C round which has also seen participation from existing investors SAP Ventures, Canaan Partners and SVB India Capital Partners.
The Gurgaon-headquartered firm earlier raised $3.1 million and $9.5 million in two rounds in 2007 and 2008, respectively.
iYogi provides online technical support for personal computers to small business and individuals across the world. The company was founded in 2005 by current CEO Uday Challu and Vishal Dhar, who is president of marketing, The rapidly growing company had revenues of $7.1 million ( Rs 35 crore) in 2008-2009 which are expected to grow to Rs 100 crore this year. The company has established a presence in the United States, the United Kingdom, Australia and Canada.
iYogi offers a number of services like PC recovery, anti-virus/spyware, data back-up and PC optimization. Its annual unlimited tech support plan starts at $189.99. It has partnered with retailers like Amazon and Walmart to offer its services. In order expand its services and presence, iYogi last year acquired US-based Clean Machine Inc, a personal computer security and performance management service provider. That deal helped the firm expand into newer markets.
The area of personal offshoring is starting to gain traction in India. While outsourcing from the enterprises and corporates around the world continues to be a big market for Indian IT/ITES companies, outsourcing services for individual and small businesses is still growing. Another segment in this area that caught investor attention is e-learning with companies like Tutorvista and Learningmate raising several rounds of funding. Other areas where personal offshoring is present are remote executive assistant (websites like GetFriday), personal income taxes and website designing.
Infinite Computer Solutions (India) along with iYogi, Inc (iYogi)
have jointly announced an agreement for iYogi to expand its on-demand global tech support with a service delivery centre in Bengaluru...
April -20 -2010
iYogi, provider of comprehensive remote technical support,
iYogi taps Verizon to connect 2000 techs to 100,000 customers

iYogi joins hands with Verizon Business

iYogi: IT support that takes pride in its roots
Sara Benton, a homemaker and saleswoman in Peoria, Illinois, was distressed. Her personal computer - loaded with...Jan -28 -2010
Indian founded iYogi raises $15 Million
iYogi, Gurgaon-based provider of online technical support services, has raised $15 million in series C funding...Jan -08 -2010
iYogi: Remote Support Specialist Raises $15 Million
iYogi doubles funding
iYogi Breathes In $15M Series C For Remote Computer Support
Remote Tech Support Company iYogi Gets A $15 Million Boost From DFJ, Others

IYogi raises $15 mn from US-based VC firm, three others
It has at least 100,000 annual subscribers and expects to end fiscal 2010 with revenue of $21 million... Jan -06 -2010
iYogi lands $15M to take remote technical support to the next level
iYogi gets $15 million to expand PC help
Remote Tech Support Company iYogi Gets A $15 Million Boost From DFJ, Others
iYogi Secures $15 Million in Funding Led by Draper Fisher Jurvetson to Fuel Surging Market Share in Rapidly Growing Consumer Tech Support Market
iYogi, the fastest growing on-demand consumer tech services company, announced today it has raised $15 million... Jan -06 -2010
iYogi Raises $15M; DFJ Is New Investor
The personal offshoring firm has raised a series C round, which has also seen participation from existing investors... Jan -06 -2010
Wal-Mart's Web Site Offering Remote Tech-Support Services
Wal-Mart Stores Inc. (WMT), which launched new technical support services in its stores last month... Nov -18 -2009
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Happy to be of help
Now is not the best time for bold moves, but don't tell that to Uday Challu
Sep-17-2009
iYogi: Caught speeding!
These are testing times for us," says Uday Challu, Founder & CEO, iYogi.
May-28-2009
Next Generation HR!
In today's technology centric era, many HR managers are realising the value and the need for adoption of technological tools. Nov -21 -2008
iYogi Announces Launch of Monitoring and Performance Tool For SMBs.
Venture investments defy gravity...
iYogi raises $9.5M Series B from SAP, Canaan, SVB -
iYogi, your personal offshore tech support, raises $9.5 million to undercut the Geek Squad
Computer Support Service Company iYogi Secures $3.1. Jul-24 -2008
Fox Business...
iYogi Launches Remote Support Services for Microsoft Windows 2003 Server
March -06 -2008
Silicon Valley / San Jose Business Journal...
Canaan Partners, SVB Financial invest $3.1M in Indian startup. Apr -25 -2007
iYogi Expands Tech Support Services to Canada
Tech support service seeks to green-optimize your PC. Oct -25 -2007