Fuze Raises $20M

What does Fuze do?

Fuze, is a cloud based video conferencing solution which connects people and organizations across devices. It combines HD voice, video and content sharing capabilities into a single experience which works across devices, desktops and meeting rooms.

This cloud video conferencing company is re-inventing how distributed teams works.

How much Fuze was funded?

Fuze raised $20M in Series C funding on May 20^th, 2015 from the investors Hermes Growth Partners.

Previous funding

• $20M in Series A funding on July 12, 2012 from Khosla Ventures, Insight Venture Partners and Index Ventures
• $2.5M in Debt Financing on July 12, 2012 from Triple Point
• $26M in  Series B funding on September 15, 2013 from Hermes Growth Partners, Index Ventures, Khosla Ventures and Insight Venture Partners

What is next for Fuze?

Fuze is reinventing how the distributed teams work. It has acquired the LiveMinutes, which is an online team workspace platform apart from the $20 Million funding. With this acquisition will expand its platform for including a persistent project workspace for the distributed teams for staying connected, for creating and sharing content and for meeting together live and maintaining context across the lifestyle of a project.

In the present day more than 100,000 companies use Fuze for making their meetings more meaningful. Some of its customers are Macy’s, starbucks, Thoughtworks, Groupon etc.  Its acquisition of LiveMinutes will help its mission of creating the ultimate collaborative workspace for teams, which connects the ongoing conversations, context and content around projects which include meetings.

Integrating LiveMinutes is the company’s first step in providing teams all the tools they require for staying touch and collaborating in and out of meetings in a unified platform, which is lacking with any product in the present day.

More about Fuze

Fuze was founded in 2009. It has its headquarters in San Francisco, CA.