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Article: Telepresence Leader Teliris Receives $11 Million in New Capital From Fidelity Ventures and Columbia Capital.
- Article from:
- Science Letter
- Article date:
- February 24, 2009
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Teliris, the leading provider of telepresence solutions, announced 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 (see also Teliris).
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 secured the leading position in both innovation and deployments within the telepresence industry," said Anne Mitchell, Fidelity Ventures partner and ...