Tag Archives: cheap videoconferencing solutions

Vidyo Funding Now At $116M

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Vidyo video conference reviewVidyo video conference topped VentureWire’s startup announcements with the $17.1 million it just secured in a fifth round of funding. That brings Vidyo’s total funding up to a whopping $116 million. Leading the pack this time is Triangle Peak Partners.  In the previous round Vidyo raised $22 millon lead by QuestMark. Other previous investors include Juniper Networks, Menlo Ventures, Rho Capital Partners, Star Ventures, Saint and Four Rivers Group.

At this point it looks like Vidyo is going to be a permanent thorn in the side for Polycom as Vidyo continues to gain popularity in the videoconf market. Last year Vidyo reported 68% billings growth and recently it has seen a jump in its health care and education purchases. A software-based product, Vidyo has been able to offer significantly cheaper video conference than traditional Polycom or Cisco system while maintaining video quality.

At VSee we’ve been going head-to-head with Vidyo on almost every telehealth deal, and our contribution to the video conference market is that we’ve forced Vidyo to lower its price by almost 50% in the last few months. (Vidyo normally quotes its API at $250-400K and has now lowered this quote by 50%.)

Despite Vidyo advantages over Polycom, any Vidyo deployment still requires Vidyo Portal, Vidyo Router, and complex server infrastructure to scale any successful deployment – with a large scale deployment usually costing more than $1 million.  VSee is peer-to-peer and eliminates these server requirements, while still delivering great video. This has allowed VSee to wage a price war with Vidyo.  You can see how VSee compares with Vidyo in raw video performance here: http://vsee.com/vidyo

So are you ready to eliminate your video infrastructure nightmares and enjoy a higher quality service with VSee?  Come talk to us about our telehealth services or ask us how we can save you the $1M you’d spend with Vidyo :)

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Why Is Vidyo So Expensive?

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Out-of-luck actors may now have an unexpected source of gainful employment – with video conferencing companies.  According to this Wall Street Journal story, VSee’s arch rival, Vidyo keeps professional actors on staff. We’re not talking about hiring actors for a one time stint to film a couple of slick ads, but a regular paying bona fide job to sit and look good during their sales demos. (Aha! So that’s why their telemedicine “doctors” can look like George Clooney.) This makes perfect sense if spending money on marketing is the key to growth for Vidyo.

VSee vs. Vidyo Video Conference for Telehealth

Both Vidyo and VSee are software-only video conference products that are able to provide high quality video over consumer networks.  They also offer FDA-registered telehealth products that are filling a growing need for medical-use video conferencing. However, Vidyo uses a complex backend (i.e. extra equipment to purchase and set up), which means you can’t start using it right away, and you may need an IT guy help keep it up and running. The complex backend can also mean a big costly headache when servers need to be upgraded for expanding one’s telehealth reach.  It should be no surprise then that Vidyo is 2 to 10 times more expensive than VSee for total cost of ownership.

Furthermore, VSee has a simpler interface so it’s easier for doctors and patients to learn to use, and a simpler pricing so it’s easy to see the total cost  (not that we’re biased or anything). To learn more, here is a review of how VSee and Vidyo compare – with pictures of video quality, too!

So the next time you get that expensive Vidyo sales quote, you can feel better knowing that you are helping actors between jobs :)  At VSee, we believe in solid engineering, where we let our product speak for itself.  We even list all our competitors on the bottom of our home page.

Learn more about VSee telehealth here.

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VSee is nimble. VSee is quick. VSee is your collaboration wish.

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Over the last few weeks of working at VSee, I’ve been realizing that VSee is more than just a videoconferencing tool.  It’s a video collaboration tool.  Of course, it can do the things that videoconferencing does, but on a much more dynamic and work-friendly scale.  It’s the difference between a big elephant and a nimble mouse.

Videoconferencing is great for things like talking, interviewing, and formal staff meetings because it’s rich in human information, and it makes you feel like person, not just a disembodied machine.  However, the equipment tends to be too cumbersome and tedious for spur of the moment use.

“Well, what about Skype?” you say. Continue reading →