US-based video conferencing platform Blue Jeans Network closed a $76.5m series E round yesterday backed by Norwest Venture Partners, the venture capital firm managing funds on behalf of financial services firm Wells Fargo.
The round was led by New Enterprise Associates (NEA), while Accel Partners, Battery Ventures, Glynn Capital, Quadrille Capital and angel investor Derek Jeter also took part.
Launched in 2011, Blue Jeans has developed a cloud-based tool that enables videoconferencing across third-party services, so that, for example, a…