image thumb49 Vidyo raises $15 million hires Ezra Sofer as first CFO

Vidyo raised a healthy $15 million in its third round of funding for its online video conferencing service. The round was led by Menlo Ventures while existing investors, Star Ventures, Rho Ventures and Sevin Rosen Funds also participated. The current funds will be used for further development of products, marketing and sales. The other announcement was of hiring Ezra Sofer as its first CFO.