On May 20, 2015 Fuze, the cloud video conferencing company reinventing how distributed teams work, announced the acquisition of LiveMinutes, an online team workspace platform, as well as $20 million in additional funding from Hermes Growth Partners. With LiveMinutes, Fuze will expand its platform to include a persistent project workspace for distributed teams to stay connected, create and share content, meet together live and maintain context across the lifecycle of a project.

More than 100,000 companies use Fuze today to make meetings more meaningful, including Groupon, Starbucks, Macy’s.com and Thoughtworks. Fuze helps distributed teams work across distances through HD-quality voice and video conferencing and content sharing across devices, desktops and meeting rooms. The acquisition of LiveMinutes will advance Fuze’s mission to create the ultimate collaborative workspace for teams — one that connects the ongoing conversations, content and context around projects, including meetings.

About LiveMinutes

LiveMinutes is a cloud-based platform for collaborative team workspaces. With persistent group chat, project workspaces, and integrated document sharing and collaboration, it fills the gap between traditional web conferencing, project management (Basecamp) and document sharing (Google Docs, DropBox, Box, Email).

About Fuze

Fuze is solving the collaboration challenges of today’s highly distributed teams and mobile workforce by reinventing visual communication and collaboration in the workplace. Available across multiple platforms, Fuze offers high-definition video conferencing across desktop web app, tablets, iPhone and Android, or Fuze Rooms. Fuze also connects with legacy video conferencing systems and offers a significantly lower total cost of ownership compared to traditional conferencing products and services. Leading organizations such as Thoughtworks, Groupon, Macys.com, Starbucks, Evernote and University of California Office of the President are standardizing on Fuze because of its seamless voice, video and content capabilities across devices, desktop and meeting rooms.

Content Source

You can find more information about Fuze’s acquisition of LiveMinutes on their blog.

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