Latest Telepresence and Visual Collaboration News:
Blue Jeans Network Raises $76.5M To Bring Video Conferencing Beyond The Office
NEA led the Series E round, joined by Accel Partners, Battery Ventures, Glynn Capital, Norwest Venture Partners, and Quadrille Capital. Jeter Ventures, a new fund launched by MLB all-star Derek Jeter, also participated.
When Blue Jeans launched in 2011, the entire video conferencing market was sized at 200 million minutes per year, according to co-founder and CEO Krish Ramakrishnan, because companies relied primarily on audio-only conference calls.
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