Vidyo has already raised $25 million in April 2010, a $15 million round in March 2009 and others. A total of $74.5 million in funding has so far been invested in Vidyo by investors.
Vidyo aims to bring higher quality video to the enterprise at a lower cost to the company by arming itself with a slew of video conferencing products.
#VidyoPortal is Web-based video conferencing software used to initiate meetings.
#VidyoVoice enables voice-only participants to join Vidyo conferences directly from their mobile phones.
Vidyo targets enterprises, small- to medium-sized businesses and non-profit associations in education, healthcare and a variety of other sectors. Basically any organization that needs video conferencing capabilities can take advantage of Vidyo.