Vidyo Receives $15M in Funding

vidyoVidyo, Inc., a Hackensack, N.J.-based provider of visual communications solutions, received $15m in funding.

This included a $10M strategic investment from Kaiser Permanente Ventures, the corporate venture capital arm of Kaiser Permanente, and a $5M investment from existing investors Menlo Ventures, Rho Ventures, Sevin Rosen Funds, QuestMark Partners.

The company will use the funds to accelerate growth in vertical markets.

Led by Eran Westman, CEO, Vidyo provides the VidyoWorksTM platform and APIs, which allows healthcare organizations to advance the use of telemedicine across hospital systems and patient homes.

The VidyoWorks platform, which has a FIPS 140-2 certified crypto-kernel, provides HIPAA-compliant encryption, and a suite of APIs for development partners to embed real-time video, audio and content communication and collaboration into their workflow applications for clinicians and patients.
The software-based platform integrates with healthcare workflow tools, including electronic medical records systems, ICU monitoring software, telemetry management software, bedside patient engagement systems, clinical carts and robots, and direct-to-consumer care providers.



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