Vidyo, Inc., a Hackensack, N.J.-based provider of desktop and room-based HD multipoint video conferencing systems, completed a $25m Series C financing round.
The round was led by Four Rivers Group, with all existing investors, Menlo Ventures, Rho Ventures, Sevin Rosen Funds and Star Ventures, also participating.
It brought the total amount the company has raised to date to $63m.
The funding will enable the company to expand its sales and marketing efforts to meet the global market demand for its video conferencing systems.
FinSMEs
01/04/2010