Vidyo, a US-based provider of video conferencing facilities, has added equipment provider Juniper Networks as an investor in its series D round that originally closed last year at $22.5m.
Juniper, through its Junos Innovation Fund, is part of a syndicate alongside venture capital firms QuestMark Partners, Menlo Ventures, Rho Ventures, Star Ventures and Four Rivers Group.
In a regulatory filing earlier this month, Vidyo said it had raised a further $2m from one investor on top of the $97m raised in total by September last year.
Vidyo, which was formerly known as Layered Media, said Juniper’s investment would increase its "go-to-market activities" and allow it to integrate its video conferencing products with Juniper’s products.
Jeff Lipton, vice-president of venture and strategic investments at Juniper Networks, said: "Vidyo is an emerging player that is driving innovation in software-based videoconferencing, and we believe its leading technology will improve the experience and economics of video communications alongside advances in networking technologies."