Blue Jeans Network Celebrates Momentous First Year for Its Video Conferencing Service With New Funding and New Breakthrough Functionality
$25M Round Recognizes Company's Unique Market Position and Fuels Rapid Growth
New WebRTC-based Browser Access Option Creates First Ubiquitous Service for Video Conference Users
June 27, 2012— MOUNTAIN VIEW, CA – Blue Jeans Network, the leader in interoperable video conferencing services, today celebrated the one-year anniversary of its breakthrough video conferencing solution. In its first year of operation the Blue Jeans service has connected over a quarter of a million participants in over 3,000 cities worldwide into hundreds of thousands of video meetings.
By addressing key inhibitors to pervasive video conferencing, and delivering interoperability, ease-of-use, and affordability, Blue Jeans has tapped a market ripe for improvement and appealed to business customers looking for a change to the status quo.
"Our customers have embraced the powerful premise of interoperability which the Blue Jeans Network is built upon," said Krish Ramakrishnan, CEO Blue Jeans Network. "Customer adoption and feedback offer strong validation that we succeeded in our goal to make video meetings as easy, open, and affordable as audio. We've received lots of accolades and attention for this, but watching our growing customer base span businesses of all sizes, shapes, geographies and verticals, has been the most exciting acknowledgement."
Blue Jeans ever-expanding list of customers contains small and large companies alike. Some recent additions include Facebook, Gawker Media, Match.com, NYSARC, Orchard Brands, Stanford University, and the Sierra Club.
"Blue Jeans has removed the frustrating barriers that had previously kept Gawker Media from significant adoption of video conferencing," said Doug Faneuil, Chief of Staff, Technology and Products at Gawker Media. "We'd been experiencing one headache after the next until we found Blue Jeans. Their solution made it surprisingly easy to bring our employees, partners, and consumers together over video. We click a link and it just works. I genuinely love the product."
Blue Jeans also today announced a Series C investment of $25 million led by New Enterprise Associates and including Accel Partners, and Norwest Venture Partners. The three investors all contributed to Blue Jeans' prior rounds of $23.5 million, bringing the total amount raised to $48.5 million. The additional capital will be used to expand sales, marketing, and operations to grow the business, to further the development of Blue Jeans' innovative technology, and to deliver a next-generation experience that will drive the adoption of video conferencing into the mainstream.
A significant new innovation also announced today is the addition of Web Browser access to the Blue Jeans service. With this functionality, Blue Jeans is extending video conferencing to the Web by bringing the browser directly into the video conferencing landscape. The new browser access option, currently available in beta, allows participants to connect to a Blue Jeans meeting with nothing more than their Chrome, Firefox, Internet Explorer, or Safari browser and a camera. The new feature is ideal for participants who do not already have, are prevented from using, or simply prefer an alternative to, any of the third-party commercial clients already supported by Blue Jeans. More information on Web Browser access is available at http://bluejeans.com/works-with/browser
Blue Jeans is the first and only service allowing anyone with a browser and camera to join video meetings with other participants on any combination of H.323 systems (i.e. Polycom, Cisco, LifeSize, Sony, etc.), Skype, Google, Microsoft Lync or audio connections. That expands the addressable market to the more than 2.3 billion people who have access to the Internet and a browser.
"Blue Jeans' new browser access option is exactly what we've been waiting for!," said Ryan Goodenough, Director of Communications at NYSARC, Inc., America’s largest non-profit organization supporting people with intellectual and other developmental disabilities and their families. "It makes joining a video meeting painless for participants and requires less support from IT to make it work. Great job Blue Jeans!"
In addition to the browser access option, Blue Jeans is also expanding interoperability to include more commercial clients, with added support for Cisco Jabber, Cisco TelePresence Systems and native SIP support. Building upon one of the core tenants of the company, Blue Jeans remains devoted to a client agnostic approach, giving users the ability to choose any method they wish to use to join a meeting.
Other enhancements to the Blue Jeans service announced today include:
Customized login pages for customers wishing to having their branding as part of the Blue Jeans experience
Enhanced layout controls for participants on the receiving end of screen sharing
Single Sign On (SSO) and SAML support to offer IT administrators easy and scalable onboarding for their employees
"With all of these new capabilities, Blue Jeans is raising the bar in video conferencing services," said Andrew W. Davis, Senior Partner at Wainhouse Research. "Blue Jeans first brought cloud, interoperability, and mobility together into an easy meet-me service that was disruptive to the video conferencing status quo. Now, the industry as a whole is taking notice and, with the addition of browser access, the company is showing how video conferencing may finally become the ubiquitous tool we’ve long anticipated."
For more information about Blue Jeans Network or to try Blue Jeans new browser access option, please visit http://bluejeans.com
About Blue Jeans Network
At Blue Jeans Network, our mission is to make video communications as easy and pervasive as audio communications, enabling more effective collaboration at work, at home, and on the road. Our cloud-based conferencing service makes this possible by enabling customers to connect with each other seamlessly any time, anywhere, and from practically any device. The Blue Jeans Network extends high quality video communications beyond the traditional boundaries of specialized conference rooms and into the mainstream, allowing individuals and employees throughout an enterprise to interact more effectively with each other, and with their customers, partners, suppliers, family, and friends. Blue Jeans Network is a private company headquartered in Mountain View, California. For more information go to: http://bluejeans.com or follow the company @BlueJeansNet