Highfive raises $32M Series C led by leading global technology integrator to fuel growth of its modern video conferencing solution
Summary
Dimension Data’s investment follows the completion of a strategic global distribution deal with Highfive, which expands its portfolio of collaboration solutions it already provides to its client base with partners including Cisco, Polycom, Avaya, and Microsoft.We recognize a huge opportunity to grow the video conferencing addressable market by leveraging innovative cloud based solutions.Highfive’s ongoing product updates are driving customer satisfaction and usage to all-time highs, with more than 140,000 meetings per month accounting for roughly 16 million minutes.As the company continues to scale and grow its offerings, the focus remains on making video calls as easy as possible and meetings more productive.The new additions to the team, coupled with the new round of funding, will allow Highfive to move more quickly as the company extends its reach internationally, and the product improvements are geared towards making the overall video conferencing experience easier and more robust than ever.
