Lifesize Spins Off from Logitech, Raises $17.5 Million

Lifesize plans to use this infusion of capital to drive accelerated demand generation and customer acquisition, says Craig Malloy, CEO and founder of Lifesize.

a global provider of video and web collaboration technology, today confirmed that it has split from Logitech and is operating as a fully independent company. Backed by $17.5 million in funding from three prominent Silicon Valley venture firms. The company is focused on winning new customers as a high-growth cloud-based video collaboration and meeting platform company, and tackling the $7 billion global conferencing market head-on. Logitech will retain a meaningful interest in Lifesize moving forward.


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