How hot is telepresence? Well, in a tight capital market, Teliris was able to get $11 million in new equty capital from its earlier investors, Fidelity Ventures and Columbia Capital, and a new investor.
Teliris is competing with Cisco and its service provider partners including AT&T and BT in the red-hot telepresence space as well as Polycom, Tandberg, LifeSize and others. The big play for Teliris, which is billing itself as the market leader, is its ability to interoperate with other telepresence equipment.
Teliris is also the kind of company that incumbent service providers have to fear in the managed services world - a tightly focused player in a solid niche with a strong base of enterprise customers.