Lifesize the company will be able to accelerate sales of its visual communications offering in the cloud for the enterprise and drive future innovations in the Video Collaboration.
Austin Texas / France- Paris (January 14, 2016) - Lifesize, global provider of video-collaboration solutions, now operates entirely independently. Funded by three venture capital companies well known in Silicon Valley, Redpoint Ventures, Sutter Hill Ventures and Meritech Capital Partners, the company is determined to win new business as a high-growth company on the video-collaboration market and conference in the Cloud. The company addresses the market estimated at 7 Billion Dollars of the conference in the Cloud. Logitech remains the main shareholder of the new structure and retains a major interest in the success of the new structure.
"Lifesize is the only company in the industry to be able to combine such a network of partners with a solution very innovative product," said Jeff Brody, one of Redpoint Ventures partners. "Clearly, its ability to provide a videoconferencing solution -Collaboration Enterprise in the Cloud coupled with its High Definition videoconferencing room facilities will feed remarkably. Growth Redpoint Craig argued in each of its three most recent companies, where he was a pioneer in giving birth to innovations the major video-collaboration market. We are excited to support him in this transformation of video-cooperation that driver market. "
- To accelerate the acquisition of new customers through demand generation,
- To accelerate the creation of demand and customer acquisition,
- Increase effective R & D to accelerate the development of its SaaS offering,
- Strengthen Marketing actions involving Lifesize its Services offer cloud-based,
Since 18 months, Lifesize has turned to address a market visio cooperation in transformation and attain strong growth. Lifesize has completely reoriented its activities through the supply Lifesize Cloud - its solution based on cloud collaboration service Video - to provide an integrated communication service between the videoconferencing room facilities with mobile users (PC / Mac / tablets / smartphones). The company rotates its operations with the launch of its collaborative service on Cloud- Lifesize Cloud - and a new approach to its portfolio of connected cameras and HD phones.
"This is a fascinating step Lifesize, and this is the result of the great work we have done to create a unique offering in the market for collaboration and video conferencing," said Craig Malloy, CEO and founder of Lifesize. " We capitalize on 12 years of leadership and innovation in this market with a strong management team. Our status as an independent company will allow us to continue to develop our product roadmap by being more responsive to the market and new customer needs. This is the foundation of our growth and future success. "
Communication technologies and visiocollaboration of Lifesize offer unmatched ability to meet the needs of businesses, whatever their size. Traditionally, companies had to obtain separate solutions for video conferencing rooms, conference bridges equipment, access to mobile clients and document sharing. Lifesize is the only company in the market, which now offers access to all these functions simultaneously, through a fully integrated service. The main objective of Lifesize results in the ability to offer and develop advanced technologies, accessible, scalable to any profile and any type of conference room. The marriage of features like chat and recording conversations in one application is intuitive, and custom made to meet the needs of customers. Since launching Lifesize Cloud, the company added the service over 2,000 paying customers, which Twilio, Survey Monkey, Omnicom Group, Evolution Gaming.
"With our three co-investors, we determined that capital, expertise in the SaaS industry and determined growth outlook would be the key ingredients leading to the realization of tremendous value in the long term," said Guerrino De Luca, president of Logitech. Logitech is eager to take part in this adventure. "
Further information :
- For more information about Lifesize and its award-winning services, visit www.lifesize.com.
- Discover Lifesize Cloud enjoying a https://www.lifesize.com/en/solutions/cloud/trialfree Lifesize Cloud 14 day trial
- Explore the "Eight challenges solved by videoconference
- Lifesize find on Facebook: https://www.facebook.com/lifesizehdfacebook.com/lifesizeHD
In Lifesize, we understand the advantage there is to connect people to create a great place to work. For over ten years, Lifesize is at the forefront of video collaboration by producing quality solutions designed to bring people together. We combine videoconferencing experience cloud-based premium quality award winning appliances, easy to use, designed for any type of conference room, so you can everyone can connect with anyone and anywhere . This meeting mode is unbeatable. Our video conferencing solutions are designed to meet the needs of large companies today, but remain fully accessible to companies of all sizes. For more information, visit www.lifesize.com or follow the Twitter account of the https://twitter.com/lifesizehdcompanyLifesizeHD.
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