Videoconference co. Vidyo raises $15M
High-definition videoconference company Vidyo just announced a $15 million third round of financing that it will use to further its leadership in the personal telepresence market. The funding was part of a total $38 million the New Jersey-based company has raised since its inception. Menlo Ventures led the latest round and was joined by existing investors Rho Ventures, Sevin Rosen Funds and Star Ventures.
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