MeetonVC, a Swindon, UK-based video conferencing services provider that allows people and businesses to connect via video, raised £203k in equity crowdfunding.
46 investors acquired a 10.15% stake in the company via CrowdCube.
The company intends to use the funds to expand sales, marketing, customer support and development efforts.
Founded by Phil Marshman, MeetonVC provides a video conferencing platform for people and businesses to connect via video in HD. It creates business quality virtual meeting rooms that allow individuals to connect using the best tools or devices available to them. Deployed in the cloud (private and public), the platform connects Microsoft Lync, Cisco, Polycom and video units in a boardroom to desktop computers equipped with cameras and microphones, smartphones and tablets owned by people living and working anywhere in the world.