Paltalk Inc

NASDAQ:PALT

Paltalk, Inc. engages in the development of communications software to enhance security and privacy solutions for multimedia communication and data transmission. The company is headquartered in Jericho, New York and currently employs 21 full-time employees. The company went IPO on 2006-10-20. The firm operates a network of consumer applications that creates a social media enterprise where users can meet, see, chat, broadcast, play online games and message in real time in a secure environment with others in its network. Its product portfolio includes Paltalk, Camfrog and Tinychat, which together host a collection of video-based communities. Tinychat enables adaptations of its video technology for use in alternative markets, focused on a younger demographic user base. Its other product, Vumber, is a telecommunications services provider that enables users to communicate privately by having multiple phone numbers with any area code through which calls can be forwarded to a user’s existing telephone number. Vumber provides a data analytics platform that can track, record and analyze calls to gain new insights into one’s business. Vumber serves both the retail and small business community.