"Right now, huddle is a fantastic tool for working together asynchronously," McLoughlin says. "Live chats, video chats, application sharing -- we're hoping to roll those sorts of things out by the third quarter or the end of the year."
A desktop widget for managing document uploading and downloading and for checking documents in and out is also in the works.
Both those features will require a Web services API, which is also on the huddle.net horizon. The company's founders hope that publishing an API will also lead to more third-party development on the huddle platform.
"The API will give companies the ability to present information from their back ends through the huddle interface," McLoughlin says, "and it will also allow developers to build applications to interact with huddle to work with documents, post items to the huddle calendar directly from Outlook or iCal, and so on."
According to McLoughlin, the company is attractive to investors in part because it delivers a Silicon Valley-caliber product but in Europe. "But with the organic growth that we're having, we don't really need to go for funding," he says. "Even from day one, we were making money; we weren't making a profit, but we were making money right away."
That said, huddle.net has many interested investors and is considering its funding options. McLoughlin expects an injection of cash in the third quarter of this year as the company makes a more definitive platform push.
As for the quick to rise, quick to fall nature of the startup game, McLoughlin takes it in stride.
"You keep your eyes on what's going on," McLoughlin says. "I religiously read TechCrunch to make sure someone with $10 million of funding isn't releasing the same thing," he said, referring to the popular Web site that tracks Silicon Valley startups. "But at the same time, you can't base your business on what other people are doing. You have to focus on doing what you do better than anyone else."
And with profitability a distinct possibility within a year of launch, huddle.net might be doing just that.