Cloud-based video collaboration startup Blue Jeans Network has raised another $25 million in a new funding round, led by NEA, Accel and Norwest Venture Partners --- with the most recent amount raised by the startup has taking its total funding to approximately $50 million!
Blue Jeans Network – which came out of stealth mode one year back, and is celebrating its first anniversary with new Web browser access to its technology – is one of the mounting numbers of video conferencing companies which provide simple and affordable video conferencing facility to businesses.
Along with providing a video conferencing advantage which is less expensive that similar solutions from bigwig players like Cisco Systems and Polycom, Blue Jeans Network also offers trouble-free interoperability between the different systems on the market.
The company, which chiefly aims at getting an increasing number of companies to move over to video conferencing from the traditional pure audio conferencing scenario, counts among its clients some well-known companies names like Facebook, Gawker Media, Match. com and Stanford University.
Noting that the last one-year period has had the Blue Jeans cloud-based service connecting over 250,000 people from more than 3,000 cities into hundreds of thousands of video conferences, the video conferencing company’s CEO Krish Ramakrishan said in a statement: "Our customers have embraced the powerful premise of interoperability, which the Blue Jeans Network is built upon.”