Network solutions company Juniper Networks is the latest to join the relatively long list of investors supporting HD video conferencing and collaboration software company Vidyo. Through its Junos Innovation Fund, the company has participated in Vidyo’s recently announced $22.5 million Series D round of funding.
Terms of the financing round were not disclosed, but Vidyo says it has secured $97 million to date, from investment firms like Menlo Ventures, QuestMark Partners, Rho Ventures, Star Ventures and Four Rivers Group.
The deal will also see Vidyo integrate its video conferencing products with Juniper’s offerings.
Vidyo offers video conferencing software that enables enterprise users to conduct multi-point videoconferences on tablets, smartphones, PCs, Macs and more.
Founded in 2005, Vidyo currently has 225 employees across 13 global offices.
Rivals include Cisco, Salesforce’s DimDim, Polycom, ooVoo and Microsoft / Skype.
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