TokBox Lands $10 Million for Video Chat Service

Authored by Mark Hefflinger on August 7, 2008 - 6:50am.

San Francisco - TokBox, a Web-based video communication service, announced on Thursday that it has closed a $10 million second round of venture capital financing, led by Bain Capital Ventures.

Previous backer Sequoia Capital also participated in the round, proceeds from which will be used to hire executives and expand distribution in the U.S. and worldwide.

Launched in October 2007, San Francisco-based TokBox offers both a Web-based service and downloadable application that enable video chat and video calls.

The service also lets users send video mails to any e-mail address, and embed video communication into any website, blog or social network page.

 

Related Links:
http://snipurl.com/3cfgi

http://www.tokbox.com

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