Video conferencing company Blue Jeans raises $76.5M

Blue Jeans Network, a company with web and native mobile applications for video conferencing, is announcing today a $76.5 million round of funding.

Sourced through Scoop.it from: venturebeat.com

Blue Jeans Network, a company with web and native mobile applications for video conferencing, is announcing today a $76.5 million round of funding.  Companies have plenty of options if they want to hold a video conference for employees or partners. There’s LogMeIn’s join.me, Citrix’s GoToMeeting, Cisco’s WebEx, Logitech’s Lifesize, Google Hangouts, Microsoft Skype/Lync, and Zoom, to name a few. Blue Jeans emphasizes its interoperability with Lync, Hangouts, and other services, as well as even hardware systems from Cisco and Polycom. That way, everyone on a call doesn’t have to be logged into the same system.  Acquisitions in this market happen frequently. In April, for instance, Atlassian acquired Blue Jimp.

Blue Jeans customers include Facebook, GoPro, Pandora, and Stanford University.

See on Scoop.itCrowd Funding, Micro-funding, New Approach for Investors – Alternatives to Wall Street

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