HD Videoconferencing Developer Vidyo Raises $12 Million

Authored by Mark Hefflinger on October 5, 2007 - 7:56am.

Hackensack, N.J. - Vidyo, a provider of Internet-based, high-definition video conferencing technology, has raised $12 million in its second round of venture capital, led by Rho Ventures.

Other investors in the deal include Sevin Rosen Funds and Star Ventures.

Hackensack, N.J.-based Vidyo offers technology for home-office desktops as well as dedicated corporate video-conferencing facilities.

The company recently changed its name from Layered Media, and announced four new executives in marketing, product development and sales.

 

Related Links:
http://www.vidyo.com

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