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Article: Telepresence Leader Teliris Receives US$11 Million in New Capital From Fidelity Ventures and Columbia Capital.
- Article from:
- PR Newswire Europe
- 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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NEW YORK, February 9 /PRNewswire/ --
- Investment Will Help Drive Telepresence Innovation and Market Leadership As Telepresence Deployments Continue to Grow
Teliris, the leading provider of telepresence solutions, announced today it has secured US$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 US$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.