Tely Labs Calls Up $15M

Menlo Park-based Tely Labs, a developer of Skype-compatible, high definition videoconferencing equipment for the consumer and business market, has raised $15M in a funding round. The funding came from Comcast Ventures and Rogers Venture Partners. Tely Labs' product is targeted at both consumers and small and medium sized businesses. The firm's equipment works with an HDTV and provides HD quality, Skype video calling support. More information »