& cplSiteName &

Vidyo Takes in $20M to Bring Video to IoT

Sarah Thomas
7/11/2014
50%
50%

Telepresence pioneer Vidyo has added another $20 million to its wallet to help fuel its vision of a video-enabled Internet of Things (IoT).

The company announced the funding on Friday, bringing its total to $139 million raised since its launch in 2005. Its latest round comes from existing investors, including Menlo Ventures , Rho Ventures , Sevin Rosen Funds , QuestMark Partners , Saints Capital, Four Rivers Group, ORR Ventures, Triangle Peak Partners, and Juniper Networks Inc. (NYSE: JNPR) via its Junos Innovation Fund. (See Vidyo Raises $17.1M, Vidyo D Round Nets $22.5M, Vidyo Raises $25M, and Vidyo Bags $15M, Spews News.)

Vidyo Inc. started life building scalable telepresence platforms. You may know it as the technology behind Google+ Hangouts or the video chat enabler for Nintendo's Wii. Now, however, it is planning to bring HD-quality video to non-person-to-person interactions through IoT -- i.e. letting people interact with devices, whether they be appliances, wearables, or in-vehicle applications. (See Vidyo Provides Chat Function for Wii.)

Vidyo says it will use its fresh funding to accelerate this vision, specifically for sales and market development of its VidyoWorks platform in banking, healthcare, government, and enterprise. According to the company's VP of Strategic Marketing, Mark Noble, the company is responding to a movement toward integrating video into workflows and devices so that it's not a destination, just part of a process.

"There's a whole world now of different apps that need to be video enabled," Noble says. "Everyone is claiming any network, any device, but this is about any app -- enabling it."

Vidyo has seen the most traction so far in the healthcare industry, embedding video software in telemetry devices and consoles for video consultations. It's also working in the banking industry to embed video into ATMs and in retail to enable concierge services. Or, for a more niche use case, Noble suggests the Department of Agriculture could use an application to track the migratory patterns of animals. Rather than tag them with radio tags, it could equip them with wearable cameras for a real view of how they are living.

What about WebRTC?
If all this sounds familiar, it is because this is essentially the promise of WebRTC, which is a web standard for embedding real-time communications in a browser with one click. Vidyo has been successful because of its scalable, patented video router that allows it to adapt to and optimize for any degree of media handling, but Noble says it will work with WebRTC as well via the VP8 codec: Vidyo would just treat WebRTC as another end point. (See The Upcoming Video Codec War and What WebRTC Means for Telcos.)

Noble says that gets more exciting starting this fall through next year. Vidyo plans to deliver a suite of JavaScript connectors that align WebRTC APIs with its own VideoWorks APIs, so any work a WebRTC developer has done will be reusable with Vidyo's platform to create a higher-quality, more reliable experience, leverage the ecosystem it's already built up.

Through its relationship with Google (Nasdaq: GOOG), which recently confirmed the WebRTC component of Hangouts, Vidyo is working to build scalable extensions of the more advanced VP9 codec in Chrome. As the next generation of VP9-based WebRTC apps begin to come to market, Vidyo will have browser-based end points natively routable through its infrastructure, meaning developers won't need to do any transcoding to work with it.

"WebRTC is very strong on the API integration side and helps people get video communication into Web apps effectively," Noble says. "The things WebRTC does not address are scalability and public networks -- you still need an architecture and knowhow to use the toolset in VP9. That's what Vidyo does with its architecture and creating scale with a PSTN-type of video exchange."

— Sarah Reedy, Senior Editor, Light Reading

(5)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
SachinEE
50%
50%
SachinEE,
User Rank: Light Sabre
7/29/2014 | 6:56:07 AM
Re: Limitless possibility
For any Tech fan who has been closely following the developments in the IoT world, it has been clear right from the start that some form of video linkage or video communication between the devices themselves and their users would have to be established before the true power of the IoT movement could be unleashed. Just as there is no practical limit to the type and functions of IoT devices that can be made, so is there no limit to the devices on which the video communication structures can be installed. So whichever way you look at it, this is an excellent move for Vidyo.
SachinEE
50%
50%
SachinEE,
User Rank: Light Sabre
7/29/2014 | 6:42:19 AM
Re: Expected
With all the hype surrounding the IoT world and the kind of technology that Vidyo has proved it can bring to life, it was only a matter of time before they came to this point. Nothing sells to potential investors like a proven track record in terms of delivery and a ready market just waiting to receive so the only surprise here for me is that they did not manage to raise more money. But, that too is only a matter of time inn its coming. Kudos!
Joe Stanganelli
50%
50%
Joe Stanganelli,
User Rank: Light Sabre
7/13/2014 | 8:31:24 AM
Re: Another round for only $20M?
@JoJa: Interesting point.  Perhaps the company has no interest in going public and is instead courting buyers.

On the other hand, the type of VC fundraising you're talking about has surely driven us straight into a private-funding tech bubble.  Perhaps this is simply more socially and fiscally responsible funding.
JoJa
50%
50%
JoJa,
User Rank: Light Beer
7/11/2014 | 11:47:49 AM
Another round for only $20M?
I don't work for a VC, but seeing a 5th round of funding for such a small amount would be concerning for me. Similar to "checking" at the poker table when you don't have a strong hand to play. It would look better if such a late round was for $100M+.
From The Founder
Light Reading today starts a new voyage as part of a larger Enterprise.
Flash Poll
Live Streaming Video
Charting the CSP's Future
Six different communications service providers join to debate their visions of the future CSP, following a landmark presentation from AT&T on its massive virtualization efforts and a look back on where the telecom industry has been and where it's going from two industry veterans.
LRTV Interviews
Fixing IoT Security Is an Ecosystem Challenge

12|9|16   |   05:34   |   (0) comments


Level 3 Communications' Chief Security Officer Dale Drew says service providers, manufacturers and even consumers must combine to halt massive DDoS attacks using IoT devices in botnets. The solution he has in mind includes reputation-based routing by the service provider but also more secure endpoint devices and greater consumer awareness.
LRTV Interviews
Cox Clears $2B in Business Revenue

12|8|16   |     |   (0) comments


Cox's Jeff Breaux discusses how the third-largest US MSO will reach the $2 billion revenue mark this year and plans to hit $3 billion by 2021
LRTV Interviews
Can Cable Climb Upmarket?

12|7|16   |     |   (0) comments


Carol Wilson and Alan Breznick assess cable's prospects for winning more enterprises in a landscape rocked by corporate M&A activity.
Women in Comms Introduction Videos
TalkTalk Exec: Find Your North Star at Work

12|7|16   |   3:38   |   (1) comment


Women need to find their purpose, a professional North Star, and create a personal board for themselves, according to Alex Tempest, director of partners at TalkTalk Business.
LRTV Interviews
Verizon: Beware Unknown Unknowns

12|7|16   |   04:58   |   (0) comments


Chris Novak, director of the Verizon Enterprise Solutions Risk Team, explains that enterprises who don't conduct a thorough audit of their assets often leave some things unprotected because they don't know they exist. Many times these unprotected assets are part of corporate M&A activity but left unshielded they can become a hacker's playground, he tells Light ...
LRTV Interviews
ETSI's CTO Talks NFV, 5G & NGP

12|5|16   |   09:45   |   (0) comments


Adrian Scrase, CTO at standards body ETSI, talks about the various initiatives and specifications developments related to NFV, 5G and NGP (next-generation protocols) that will underpin next-gen networks.
Women in Comms Introduction Videos
Korn Ferry Consultant: How to Find, Cultivate & Be the Best Talent

11|30|16   |   4:10   |   (2) comments


Erin Callaghan, a managing consultant for Korn Ferry Futurestep, shares strategies for companies to improve how they recruit and for women to ensure they don't get lost in the pipeline.
LRTV Custom TV
We Can Make the World More Sustainable

11|29|16   |     |   (0) comments


GeSI is a global e-Sustainability Initiative organization bringing together 40 big multinational companies around the world. According to GeSI's report, information and communication technology can make the world more sustainable. Luis Neves, chairman of GeSI, shared with us his opinion at Ultra-broadband Forum (UBBF2016).
LRTV Custom TV
Finding a New Way to Engage Customers & Drive Revenue

11|29|16   |     |   (0) comments


Mobile revenues are declining. Digicel, a player in the Caribbean telecommunications/entertainment space, has found a new way to engage customers and drive revenue. John Quinn, CTO of Digicel, shared with us its story at Ultra-broadband Forum (UBBF2016)
LRTV Custom TV
Do You Really Need Gigabit Infrastructure?

11|29|16   |     |   (0) comments


Altibox is the biggest fiber-to-the-home (FTTH) player and the largest provider of video and TV in Norway. They started out with zero customers in 2002. Now they have close to half a million households and companies attached to their FTTH business. Nils Arne, CEO of Altibox shared with us their story and insight on 5G at Ultra-broadband Forum (UBBF2016).
LRTV Custom TV
BTís Openreach Strategy & Its Updates in 2016

11|29|16   |     |   (0) comments


A lot of developments at Openreach this year in terms of strategy and planned investments. Peter Bell, CIO of Openreach BT, shared with us the updates of Openreach at Ultra-broadband Forum (UBBF2016).
LRTV Custom TV
ITU: The Broadband Is Our Future

11|29|16   |     |   (0) comments


At Ultra-broadband Forum, Houlin Zhao, Secretary General of ITU, discussed how important it is for countries, companies and everybody to be working together to help to build the broadband and digital economies (UBBF2016).
Upcoming Live Events
May 16-17, 2017, Austin Convention Center, Austin, TX
All Upcoming Live Events
Infographics
Hot Topics
Cable Nodes Becoming a Choke Point
Brian Santo, Senior editor, Test & Measurement / Components, Light Reading, 12/5/2016
WiCipedia: After-School Coding, Salary Probing & Pro-Parenthood Companies
Eryn Leavens, Special Features & Copy Editor, 12/2/2016
Consolidated Snaps Up Fairpoint for $1.5B
Iain Morris, News Editor, 12/5/2016
Like Us on Facebook
Twitter Feed
BETWEEN THE CEOs - Executive Interviews
Eyal Waldman, CEO of Mellanox Technologies, speaks to Steve Saunders, CEO of Light Reading, for an exclusive interview about the 100 GB cable challenge, cybersecurity and much more.
Join us for an in-depth interview between Steve Saunders of Light Reading and Alexis Black Bjorlin of Intel as they discuss the release of the company's Silicon Photonics platform, its performance, long-term prospects, customer expectations and much more.
Animals with Phones
A Mobile Safari Click Here
Literally.
Latest Comment
Live Digital Audio

Even when there's a strong pipeline of female talent in the comms industry, it tends to leak all the way to the top. McKinsey & Company says women experience pipeline leakage at three primary points: being unable to enter, being stuck in the middle or being locked out of the top. Each pipeline pain point presents its own challenges, but also opportunities to stop the leak. Wireless operator Sprint is making a conscious effort to improve its own pipeline from new recruits to the C-suite, and it wants the rest of the industry to do the same. In this Women in Comms radio show, WiC Board Member and Sprint Vice President of Enterprise Sales Nelly Pitocco will give us her take on the industry's pipeline challenges. Pitocco, who joined Sprint in May and has spent 20 years in the comms industry, will also offer solutions, share how Sprint is tackling the challenge within its own organization and take your questions live on air.