In the first quarter of 2009, Vidyo raised another round of funding, led by Menlo Ventures joining Rho Ventures, Sevin Rosen Funds, and Star Ventures.
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With Mr. More’s advice and support, Mr. Shapiro brought his plans to venture capital firms Sevin Rosen Funds and Star Ventures.
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All existing investors, Menlo Ventures, Rho Ventures, Sevin Rosen Funds and Star Ventures, participated in the round, which was led by Four Rivers Group.