Founded by Thomas Cottereau, video collaboration solution for businesses Weemo has raised $3 Million from IDInvest, according to Venturebeat. Founded in 2007, Weemo allows businesses to plug video conferencing directly into their applications with a few lines of code, and thus is pitting itself directly against competitors like Vidyo, Avaya, Cisco and Microsoft, as VB points out. The company recently released the Weemo REST API, and hopes to make integrating video cloud communications easier than ever, offering their service on a SaaS model.
With the company’s Paris office located in Issy Les Moulineaux, I’ll be keeping a close eye on how their technology evolves over the next few years – clearly IDInvest sees something beyond what I see, which is a very low barrier to entry in a market that has a lot of current and potential competitors.
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