FuzeBox, a San Francisco, CA-based provider of real-time visual collaboration across mobile and desktop devices, has closed a $20m Series A financing.
The round is being led by Index Ventures with participation from Khosla Ventures and Insight Ventures. The company is also raising another $2.5m in debt financing from Triple Point Capital, for a total round value of $22.5m.
FuzeBox intends to use the funding to scale its products, sales, and marketing efforts worldwide.
Led by Jeff Cavins, CEO, the company provides real time visual collaboration applications for end users across various businesses. Its flagship application, Fuze HD, allows people to communicate, collaborate and share content from any device, across any network, anywhere in the world. It is a mobile and web-based collaboration service that features integrated audio conferencing as well as high-definition, synchronized video and image sharing.
In conjunction with the funding, Mike Volpi, Partner at Index Ventures, will be joining FuzeBox’ board.
The company is currently hiring (https://www.fuzebox.com/about/careers).