500 ARGUELLO ST SUITE 300 REDWOOD CITY, CA 94063 USA REDWOOD CA 94063 US A summary of customers, suppliers, and logistics partners for the latest 2 U.S. Highfive has raised more than $77 million in funding to date. 500 ARGUELLO STREET, SUITE 300, REDWOOD CITY, CA 94063, USA US HIGHFIVE TECHNOLOGIES, INC. and Zoom Video Communications Inc., as well as a good number of smaller providers. 'When the only investments performing year to date are the largest technology. The startup is up against much bigger players such as Cisco Systems Inc., Citrix Systems Inc. Nvidia, for one, has jumped out to a 165.4 gain in 2023, and Meta Platforms is up 120.2, both as of June 9. The capital will come handy for Highfive as it works to gain more ground in the video conferencing market. One of the latest distributors to have come aboard is Dimension Data, a development no doubt connected to the newly announced funding round. The company also has a budding network of partners that resell its platform to their corporate customers. Notable users of the platform include Evernote Inc., The Atlantic and Ryzac Inc., the company behind Codeacademy. Search for other Video Conferencing Equipment & Services on The Real. Highfive claimed to be processing about 16 million minutes of videoconferencing per month. Get reviews, hours, directions, coupons and more for Highfive Technologies, Inc. This makes the overall experience more convenient, which Highfive said can increase the chance of a potential customer and other users accepting a meeting invite. The cloud-based component of the startup’s platform allows participants to join without having to download a software client onto their endpoints. There’s also a wireless modem for enabling remote control.Īccording to Highfive, a worker located in a conference room equipped with a Highfive module can quickly set up a call from a desktop or their mobile device. Designed to be mounted on a wall or screen, the device (pictured) combines a wide-angle video camera capable of capturing an entire room with a noise-cancelling microphone array. Highfive provides a videoconferencing platform that consists of a cloud service and a homegrown communications module. The startup will use the capital to expand operations. Related Companies to Component Repair Technologies Inc D Dhydrotek Processors International Inc Austin, Texas H Highfive Group Wichita, Kansas S Sifco. Andreessen Horowitz, Lightspeed Venture Partners and General Catalyst contributed to Highfive’s new financing as well. The company is a subsidiary of Tokyo-based telecommunications giant NTT Group, which regularly backs funding rounds into startups much like fellow Japanese carrier SoftBank Group Corp. The lead investor was $8 billion technology consulting provider Dimension Data Holdings Plc. Highfive Technologies Inc., a startup that competes in the crowded videoconferencing market with its own custom communications hardware, today announced the completion of a $32 million funding round.
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