Vidyo pulls in $7M for video conferencing tech

Vidyo, a New Jersey company that provides high-definition video conferencing services, has brought in $7 million in debt and rights financing, according to a filing with the SEC. Earlier this year, it raised $15 million in a third round of venture funding to build its market presence. It has now raised $45 million to date from Menlo Ventures, Rho Ventures, Sevin Rosen Funds and Star Ventures.