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Tuesday, May 22
2012, 2:21 PM
Fast-growing enterprise videoconferencing firm Vidyo is set to close a $97M funding round that...
Fast-growing enterprise videoconferencing firm Vidyo is set to close a $97M funding round that includes an investment from Juniper (JNPR). Vidyo's solutions, which use a combo of routing technology and proprietary software, have been causing headaches for market leaders Cisco (CSCO) and Polycom (PLCM), each of whom recently reported soft videoconferencing gear sales (I, II). Juniper may be interested in integrating Vidyo's tech with its own networking hardware.