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VC firms Menlo, QuestMark, Juniper in $20m funding round for video conferencing platform

11 Jul 2014

Video Conferencing Solutions for Business   Video Communication VidyoMenlo Ventures, QuestMark Partners and Juniper Networks have re-joined a team of venture capital firms and raised $20m for video conferencing business Vidyo.

The fresh investment brings the company’s total invested capital to $139m.

Vidyo said it will use the cash to speed up its activities helping to connect people via a video conference on a range of different devices and platforms, including at work, at home, in their car or through wearables.

Juniper Networks which invests in Vidyo through its Junos Innovation Fund, previously joined the company as a strategic investor alongside lead investor QuestMark Partners, when they participated in funding round which brought Vidyo’s capital raised to $97m in 2012.

Vidyo is powering integrated visual communication in large-scale online banking, healthcare, government and enterprise applications.

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