Fuze Raises $20M; Acquires LiveMinutes

Funding Rounds

▤ Summary

Fuze, a San Francisco, CA-based cloud video conferencing company, raised $20m in funding from Hermes Growth Partners.In conjunction with the funding, the company also announced the acquisition of LiveMinutes, a San Francisco and Paris, France-based cloud platform for collaborative team workspaces.Next month, it will add Collaborative Notes, a new feature based on LiveMinutes to help teams track discussions and tasks beyond meetings.Led by Bobby Yerramilli-Rao, CEO, Fuze provides more than 100,000 companies including Groupon, Starbucks, Macy’s.com and Thoughtworks with HD-quality voice and video conferencing and content sharing across devices, desktops and meeting rooms.Available across multiple platforms, it offers high-definition video conferencing across desktop web app, tablets, iPhone and Android, etc..

$ Funding

$
Amount $20.0M Total raised
□
Date May 20, 2015 Announcement date
◎
Investors Fuze, Hermes Growth Partners Lead investors
▥
Company http://www.fuze.com Funded company

▥ Classifications

industries
No industries detected
applications
Collaboration & Communication

◇ AskAI Classifications

Labels
No AI classifications detected

▦ Linked Companies

Fuze
$50M to $100M