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Article: Telepresence Leader Teliris Receives $11 Million in New Capital From Fidelity Ventures and Columbia Capital.
- Article from:
- PR Newswire
- Article date:
- February 9, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Investment Will Help Drive Telepresence Innovation and Market Leadership As Telepresence Deployments Continue to Grow
NEW YORK, Feb. 9 /PRNewswire/ -- Teliris, the leading provider of telepresence solutions, announced today it has secured $11 million in new equity capital from Fidelity Ventures, Columbia Capital and an additional strategic investor. This investment is in addition to the Fidelity Ventures and Columbia Capital initial $40 million funding in 2007.
Teliris will use the additional funding to capitalize on increased demand for its current products and services, as well as fund research and development (R&D) projects.
"Teliris has ...