Tely Labs, a US-based provider of a video phone system for consumers, has added Rogers Venture Partners, the corporate venturing unit of the eponymous Canada-based communications and media company, to its series A round consortium. Last month, Tely Labs disclosed in a regulatory filing it had raised $13m of a planned $15m round and this has now being fully raised with Rogers’ contribution. Venture capital firm DCM and Comcast Ventures, the corporate venturing unit of the eponymous US-based media company, were the other investors in the round. Tely Labs, which was founded in 2010, offers users high-definition systems to make Skype calls to their TV with no monthly fee. Louis Toth, managing director of Comcast Ventures, said: “The disruptive technologies in Tely Labs’ innovative video conferencing system finally put enterprise-class video quality and features in the hands of small and medium businesses at a fraction of the current cost.”
- News & Analysis
- Global Corporate Venturing
- Global University Venturing
- Latest News
- Deal Data
- Community & Events
Rogers meets Comcast at Tely Labs
Oct 28, 2012 • Global Corporate Venturing
LEADERSHIP SOCIETYInforming, connecting, and transforming the global corporate venture capital ecosystem.
The Global Corporate Venturing (GCV) Leadership Society’s mission is to help bridge the different strengths and ambitions of investors across industry sectors, geography, structure, and their returns.
Featured ContentFUNDING ROUND DATA Which corporates are backing which startups? Search our corporate deal database.
FUNDING ROUND DATA
Which corporates are backing which startups? Search our corporate deal database.NOMINATE Nominations for the GCV Powerlist 2024 are now open
Nominations for the GCV Powerlist 2024 are now openEventsWebinar: Startups and Strategics – What works and what doesn’tEventsGCV Institute: Landing the Value of Corporate VenturingTop News
GCV provides the global corporate venturing community and their ecosystem partners with the information, insights and access needed to drive impactful open innovation. Across our three services - News & Analysis, Community & Events, and the GCV Institute - we create a network-rich environment for global innovation and capital to meet and thrive. At the heart of our community sits the GCV Leadership Society, providing privileged access to all our services and resources.test reg