Vidyo Raises $22.5M in Series D funding
Vidyo, Inc., a Hackensack, NJ-based provider of personal telepresence and video conferencing solutions, has raised $22.5m in Series D funding.
The round was led by QuestMark Partners, with participation from existing investors Menlo Ventures, Rho Ventures, Star Ventures and Four River Group. In 2010, Vidyo Raised 25m in Series C financing (read here).
This brings the total amount raised by the company to date to $96m.
Vidyo intends to use the funds to use further expand its global sales and marketing activities.
Founded in 2005 and led by CEO Ofer Shapiro, the company provides mobile, desktop, room system and telepresence systems.