StarLeaf raises USD 40m to accelerate growth in video conferencing market

StarLeaf, the cloud platform for enterprise video conferencing and calling services, raises USD 40m in funding from Highland Europe, Grafton Capital and the founders, marking the first time the company has taken outside investment, the company said.

StarLeaf will use the new funds to support its accelerating growth, as an increasing number of customers, distribution partners and video endpoint manufacturers recognize the unparalleled capabilities of its OpenCloud platform. StarLeaf and its network of channel partners currently sell into 50 countries worldwide, with a rapidly growing enterprise customer base. StarLeaf will also be investing in its Asia Pacific business to capitalize on this rapidly growing region.

StarLeaf is a service provider with a global platform that delivers secure, reliable and rich meeting and calling services to organizations around the world.