Blue Jeans Network celebrated its one-year anniversary by announcing that it’s received $25 million in funding for its cloud-based, client-agnostic conferencing service, which enables meetings between users of any combination of H.323 systems, Skype, Google, Microsoft Lync and, coming soon, Web browsers and cameras.
Blue Jean Network received a Series C investment of $25 million led by New Enterprise Associates and including Accel Partners and Norwest Venture Partners. The three investors contributed to Blue Jeans’ prior rounds of $23.5 million, bringing the total amount raised to $48.5 million. The additional capital will be used to expand sales, marketing and operations to grow the business and to further the development of Blue Jeans’ technology.
In addition to the new funding, the company announced the addition of Web Browser access to the Blue Jeans service. The new browser access option, currently available in beta, allows participants to connect to a Blue Jeans meeting with nothing more than their Chrome, Firefox, Internet Explorer, or Safari browser and a camera. The new feature is ideal for participants who do not already have, are prevented from using, or simply prefer an alternative to, any of the third-party commercial clients already supported by Blue Jeans.
Blue Jeans also is expanding interoperability to include more commercial clients, with added support for Cisco Jabber, Cisco TelePresence Systems and native SIP support.
“With all of these new capabilities, Blue Jeans is raising the bar in video conferencing services,” said Andrew W. Davis, senior partner at Wainhouse Research. “Blue Jeans first brought cloud, interoperability, and mobility together into an easy meet-me service that was disruptive to the video conferencing status quo. Now, the industry as a whole is taking notice and, with the addition of browser access, the company is showing how video conferencing may finally become the ubiquitous tool weve long anticipated.”
In its first year of operation, the Blue Jeans service has connected more than 250,000 participants in more than 3,000 cities worldwide into hundreds of thousands of video meetings.
Blue Jeans ever-expanding list of customers contains small and large companies alike. Some recent additions include Facebook, Gawker Media, Match.com, NYSARC, Orchard Brands, Stanford University, and the Sierra Club.
The company sells its services primarily through indirect sales channels.
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November 13 2019 @ 17:15:01 UTC