NEW YORK (TheStreet) –– Blue Jeans Network, the cross-platform video conferencing company, is in a state of high growth and approaching the size to go public, said a source close to the company.
The company last year raised $50 million, bringing total raised funds to $98.5 million. Investors in the company are Norwest Venture Partners, Accel Partners, New Enterprise Associates and Battery Ventures. Blue Jeans CEO Krish Ramakrishnan has sold two companies to Cisco (CSCO_) .
Ramakrishnan was CEO of Topspin Communications which was acquired by Cisco in 2005. He was also vice president and general manager for the Content Business unit at Cisco. He first joined the company when Cisco bought his first startup, Internet Junction, in 1995.
