Lifesize Breaks Away from Logitech; Snags $17.5M in Venture Capital

Jan 14, 2016

CloudWedge | Erick Wingfield

Lifesize has rapidly become a popular video collaboration platform that thousands of businesses have implemented in their branch offices all around the world.

Lifesize provides award winning hardware that compliments its SaaS solution, giving end users the ability to create face to face meetings on demand from any location in the world.

Lifesize is now reporting that the platform will break away from its parent company, Logitech. In addition to the break away of the brand, Lifesize will be gaining $17.5M in venture capital from Redpoint Ventures, Sutter Hill Ventures and Meritech Capital Partners.