Tuesday, June 28, 2011

Blue Jeans Network Raises $23.5 Million for Video Conferencing Bridge

Blue Jeans Network, a start-up based in Santa Clara, California, has raised $23.5 million for its high-quality, cloud-based video communications service.

Blue Jeans Network said its goal is to make video conferencing accessible to everyone at any time, any place
and from practically any device.

Its service will bridge together business solutions from Cisco/Tandberg, Polycom, Lifesize and
others, with consumer solutions such as Skype and Google Talk.

By modeling itself after traditional audio bridging services, and making video as easy, interoperable and affordable as audio, Blue Jeans Network is expanding thevideo conferencing market for all players and tapping into the 80 billion minute audio conferencing market.

"Blue Jeans Network is tearing down the walls that exist in video conferencing," said Krish Ramakrishnan, Co-‐founder and Chief Executive Officer of Blue Jeans Network.