Wednesday, January 19, 2011

Vidyo Raises Another $11.5 Million For Videoconferencing Solutions

Video conferencing company Vidyo has raised $11.5 million in funding, an SEC filing reveals. Less than a year ago, the company raised $25 million from several VC firms - this financing round brings its total to $73.5 million. Vidyo enables multi-party video conferences that feature HD-quality, face-to-face interactions over regular IP networks using commodity desktop systems as endpoints. Its technologies leverage the H.264 Scalable Video Coding (SVC) standard.

Hilary Duff Lake Bell Amerie

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