Existing backers Accel Partners, New Enterprise Associates and Norwest Venture Partners also participated in the round, which brings Blue Jeans’ fundraising total to $100m.
The company said the funding will “accelerate this growth with domestic and global market expansion as well as support ongoing product innovation that sets the standard for business collaboration.”
Battery Ventures general partner Roger Lee said, “Blue Jeans Network is the new face of business collaboration. The company’s cloud-based, interoperable solution was a shock to the system of the traditional video and web conferencing markets and quickly made Blue Jeans a leader in the space.
“Along the way, Blue Jeans set a new standard for SaaS business models with exceptional revenue growth and retention rates that rivals companies like Salesforce and Workday at similar stages. “Now Blue Jeans is redefining the video conferencing and business collaboration markets, expanding the parameters with an eye toward replacing every phone call with a face-to-face Blue Jeans meeting.”
Last month Battery led an $11m round for online defence business Cyvera.
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