Founded in 2005, Vidyo’s successful track record of innovation has landed the company on The Wall Street Journal’s 2010 “Next Big Thing” list of the 50 top venture-backed companies in the United States. Vidyo makes natural video communication available to everyone – from the office, home or while traveling -- over general purpose IP networks, including the Internet. The company has made telepresence-quality video conferences easy and affordable on PCs, Macs and HD room systems. Vidyo is used by Hitachi, Teliris, ShoreTel, Northwestern University and within the healthcare, SMB, service provider and enterprise markets.
Ofer Shapiro, Vidyo’s founder, began working with Rho Ventures when he raised a Series B financing round in 2007. He turned to Rho because of the firm's experience, integrity, tremendous support and financial market strength.
“Rho ended up having the most attractive offer, and engaged not just as a pure investor, but as a value-added partner,” said Shapiro. “In the early phase of the company we faced a tough economic market. Rho truly partnered with us, providing the insight we needed to navigate our way through the downturn as a start-up company and take the business to where it is today."
Rho understood the value and potential of Vidyo's architecture and the fast growing multi-billion dollar market opportunity. “Joshua’s strong networking support has been a tremendous asset, especially within the New York financial community and with introductions to multiple customers and partners.”
Vidyo’s achievements have been recognized by DEMO’s “DEMOGod” award, Best of Interop” for “Best Start-up” and Best Collaboration Product, and Frost & Sullivan’s 2009 “Product of the Year” award for conferencing and collaboration.