StarLeaf Takes $40m to Keep Growing Its Videoconferencing as a Service Business


Story by Natasha Lomas, TechCrunch

UK teleconference company StarLeaf, which sells cloud-based video and conferencing services to businesses, has taken on its first external capital close to a decade after first being founded, back in 2008. The $40 million round is co-led by Highland Europe and Grafton Capital.

StarLeaf, which was founded by three telecoms and video conferencing entrepreneurs who together previously founded and sold three other networking companies (Madge Networks, Calista and Codian), started selling cloud services to customers in 2013 — and says usage of its platform is now doubling year over year.

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