8 years ago

StarLeaf Raises $40 Million to Expand Video Conferencing Services

  • StarLeaf, a UK teleconference company providing cloud-based video and conferencing services to businesses, has secured $40 million in Series A funding co-led by Highland Europe and Grafton Capital

  • The company, founded in 2008 by three telecoms and video conferencing entrepreneurs, has seen its platform usage double year over year

  • StarLeaf's sales pitch centers around its interoperability with all third-party meeting/conferencing technologies, its fully owned and operated global video comms network (StarLeaf OpenCloud platform), and its focus on user-friendly features

  • The new funding will be used to support growth, including expanding its Asia Pacific business and doubling its headcount in the next 18 months.

      • ProblemTechnology

      "Businesses need to communicate effectively and efficiently, but traditional video conferencing solutions are often expensive, complex, and difficult to use."

      Solution

      "StarLeaf offers a cloud-based video conferencing platform that is easy to use, interoperable with other vendors, and provides high-quality calls. It allows businesses to connect with their colleagues, partners, and customers seamlessly, regardless of location."

      Covered on