Teleplace Completes New Financing Round

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Summary

Teleplace, Inc., a Redwood City, CA-based provider of enterprise-class application collaboration solutions to help large-scale commercial and government organizations manage data-intensive projects and operations across multiple locations, has completed a new financing round of undisclosed amount., a Redwood City, CA-based provider of enterprise-class application collaboration solutions to help large-scale commercial and government organizations manage data-intensive projects and operations across multiple locations, has completed a newround of undisclosed amount.The funding will help the company develop its solution, which is currently used by leading firms in the financial services, manufacturing, energy, technology, higher education, healthcare and government sectors.Mr. Nemelka is an industry veteran in social business collaboration solutions, with a 25-year career, which includes executive management positions at IBM, Peoplesoft, Adobe and Socialtext.Teleplace’s platform, which is based on its vPresence™ technology – integrating VoIP, chat, webcam video, presence, and multi-application sharing – has the target to create an environment where employees can execute tasks together and in a flexible way, and where organizations can tackle tough productivity issues, including distributed teams, increased operational complexity, global sourcing, reduced travel, and constrained budgets.

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