Video is the new audio, as videoconferencing contender Vidyo grows 68% and raises $17M to grow even faster

"We want to price equivalent to a voice call," Shapiro says. "Our competitors offer an inferior product for more money: Blue Jeans 15 time more, and other competitors 300 times more."

Google Hangouts provider Vidyo powers video chat for Wii U (and sees a $1B opportunity in Nintendo)

"Imagine the yoga teacher doing online yoga to 50 people," Shapiro said. "Think about an audience of 100 million people ... for instance buying a subscription for an online Zumba class."

Vidyo launches high-quality video conferencing on the iPhone 4S

Vidyo is now offering high-quality video conferencing on the Apple iPhone 4S, the company said today.

The Hackensack, N.J.-based company creates telepresence software that allows people to hold high-quality video conferences even if some participants are using portable hardware.

The …

Vidyo raises $22.5M for high-quality video conferencing

Vidyo has raised $22.5 million in a fourth round of funding for its high-quality video conferencing. The company plans to use the money to expand its sales worldwide and develop better, more immersive and inexpensive “telepresence” technologies.

The company is …