Convoq with US$13M in Series C

Filed in archive Venture Capital on January 13, 2006

Wow that's a busy week with a rush of new investments - latest is video conferencing service Convoq. More here:

" The round was led by Bay Partners, a Cupertino, Calif.-based early-stage venture capital firm active in wireline, wireless and enterprise software and services, which has funded over 250 companies including Informatica, Digital Island, Brocade Communications, and WebLogic. Convoq's existing venture investors, North Bridge Venture Partners and polaris Venture Partners, also participated in this round.

"We invested in Convoq because of its experienced management team and its tremendous potential to deliver deep, real time collaboration value to high margin commerce transactions and to CRM solutions," said Chris Noble, general partner, Bay Partners, who has also joined Convoq's board of directors."