Qumu, which provides the infrastructure for the use of video communication in a corporate environment, has raised $10.7 million in a third round of funding. The round was led by Advanted Technology Ventures.
The Emeryville, Calif. startup’s enables live and on-demand webcasts, recorded video conferences, employee training executive briefings and product announcements. Customers include AT&T, Dell, Microsoft and eBay.
SAP Ventures, Storm Ventures, Garage Technology Ventures, Halo Opportunity Fund and the Angels Forum also participated. We wrote about this round a month ago, but since this news comes from the Qumu itself (and includes a bigger funding amount), it’s more accurate and up-to-date.
