$1 Million in Series A Funding
On May 11, 2016 Vyopta announced that they have received $1 Million in Series A Funding. Vyopta, which provides a video conferencing system dashboard for businesses, said Wednesday it has added $1 million to a $5 million funding round it announced in February. AVX Partners, the company’s investor in the previous round, is putting up the additional $1 million. Allison Smith, a spokeswoman for the company, said Vyopta decided to take the additional funding last month after receiving interest from other investors following the February announcement.
Vyopta provides a single system to monitor and optimize video and unified collaboration networks. Its products currently monitor more than 500 million video collaboration minutes per year from leading technology vendors including Cisco, WebEx, Polycom, Microsoft, Vidyo, Acano and Pexip. vAnalytics is used by many of the largest private and public enterprises across more than 20 industries including healthcare, technology, financial services, government, and higher education.
You can find more information on Vyopta funding on Xeconomy.