Tely Labs, a US-based provider of a video phone system for consumers, has added Rogers Venture Partners, the corporate venturing unit of the eponymous Canada-based communications and media company, to its series A round consortium.
Last month, Tely Labs disclosed in a regulatory filing it had raised $13m of a planned $15m round and this has now being fully raised with Rogers’ contribution.
Venture capital firm DCM and Comcast Ventures, the corporate venturing unit of the eponymous US-based media company, were the other investors in the round.
Tely Labs, which was founded in 2010, offers users high-definition systems to make Skype calls to their TV with no monthly fee.
Louis Toth, managing director of Comcast Ventures, said: “The disruptive technologies in Tely Labs’ innovative video conferencing system finally put enterprise-class video quality and features in the hands of small and medium businesses at a fraction of the current cost.”