Tely Labs Dials Up New Video Conferencing Solution for Business With Strategic Investments From Comcast Ventures and Rogers Venture Partners

First Enterprise-Class Video Conferencing That Is Easy-to-Use and a Fraction of the Cost of Conventional Telepresence Systems: Multi-Party Video Calling and Collaboration Tools Ideal for Small and Medium Businesses

MENLO PARK, CA–(Marketwire – Oct 23, 2012) – Tely Labs, maker of the award-winning telyHD video calling system for consumers, today announced it is broadening its business strategy and extending its innovative technology with an all-new business video conferencing solution. Backed by strategic investments totaling $15 million from Comcast Ventures and Rogers Venture Partners, Tely Labs received its first institutional funding to jumpstart its new business focus addressing the significant market demand for feature-rich but affordable video conferencing for small and medium businesses (SMBs).