Mountain View-Based Blue Jeans Network Raises $25 Million

Mountain View, Calif. -- Blue Jeans Network, a Mountain View-based provider of interoperable video conferencing services, said it has raised $25 million in its third round of funding, led by New Enterprise Associates (NEA). Previous backers Accel Partners and Norwest Venture Partners also participated in the round, which increased the company's total funding to $48.5 million. Blue Jeans said it will use the additional capital to expand sales, marketing and operations, as well as to further develop its technology. In its first year of operation, the company said its service has connected more than a quarter million participants in video meetings.  The company also said it has launched new web browser access, extending video conferencing to the Internet. The new option, currently available in beta, allows participants to connect to a meeting with their Chrome, Firefox, Internet Explorer or Safari browser and a camera. 
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