Vidyo raises $3M more for videoconferencing
Video conferencing provider Vidyo tacked $3 million onto an already $12 million second round of funding to provide high-definition services, VentureWire reports. The extra money came from Menlo Ventures.
The Hackensack, N.J. company previously pulled $5 million in first-round funding from Rho Ventures, Sevin Rosen Funds and Star Ventures. One of its goals is to deliver quality videoconferencing sessions between corporate and home office environments.
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About the Author, Camille Ricketts
Camille was the lead writer for GreenBeat until August 2010. To reach VentureBeat's current writers, email tips@venturebeat.com.
