Vidyo already provides the software that powers Google Hangouts on Google+.
“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.”
Editor’s Pick “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 is now offering high-quality video conferencing on the Apple iPhone 4S, the company said today.
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.