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Vidyo Reels In $3 Million Venture Capital Financing

Monday, October 27, 2008 5:53:00 AM PDT | VentureDeal Staff

Hackensack, New Jersey -- Software company Vidyo has raised $3 million in its series B round of venture capital funding.

Vidyo develops and sells online videoconferencing solutions, that it says "provide quality experiences to all environments from the home office desktop to the dedicated corporate videoconferencing facility."

Menlo Ventures invested in the round. Proceeds purposes from the funding were not disclosed.

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