Vidyo lands partner Juniper Networks, pockets new funds

With $97 million raised, Vidyo extends fourth round to further expand video services

Hackensack, NJ’s Vidyo, a video conferencing and telepresence company, has just announced Juniper Networks joined its Series D round of funding.

Vidyo enables video conferencing at 1080p HD quality and 60 frames per second, supporting up to 100 devicesin one call, with up to 9 video devices being displayed at once. People can access these conferences through a wide variety of platforms, including multi-screen telepresence rooms, ordinary video conferencing rooms, desktop and laptop PCs and Macs, and iOS and Android-based smartphones and tablets.

Vidyo is strongly focused on its Web-based video conferencing software used to initiate meetings. Another service, VidyoVoice enables voice-only participants to join Vidyo conferences directly from their mobile phones. 

Not just for the enterprise, Vidyo also targets small- to medium-sized businesses and non-profit associations in education, healthcare and a variety of other sectors. Basically any organization that needs video conferencing capabilities can take advantage of Vidyo.

While the exact amount of this round has not yet been revealed, the company has already raised a substantial amount of capital since launching in 2005. 

Vidyo announced in Septmeber that it had raised $97 million to accelerate its growth and has done just that since the service now claims more than 1,850 enterprise, healthcare, education, and government customers.

QuestMark Partners led this round, along with other existing investors: Menlo Ventures, Rho Ventures, Star Ventures, and Four Rivers Group. 

Additionally, Juniper Networks joined as a strategic partner, through its Junos Innovation Fund. Juniper produces high speed, reliable switching routers to satisfy ISP level performance and could be a valuable partner is gaining a competitive edge over other video-conferencing service in the marketplace.

Vidyo competes with a wide variety of conferencing services from Skype and Apple’s Facetime, Cisco, Polycom, LifeSize, and many others.