Teliris Gets $11M in Telepresence Funding

Teliris has secured $11 million in new equity capital from Fidelity Ventures, Columbia Capital and an additional investor. This investment is in addition to the $40 million Fidelity Ventures and Columbia Capital gave Teliris in 2007.

Teliris will use the money for current products and services, as well as research and development projects.

The company claims its technology features the only available interoperability option to connect between different telepresence solutions, a natural multipoint meeting experience and virtual vectoring for accurate eyelines.

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