Telefonica Digital, a global business division of telecoms giant Telefónica, has acquired the San Francisco-based video communications platform TokBox for undisclosed terms. Five-year-old TokBox had raised $26 million from investors, including Bain Capital Ventures, Sequoia Capital, and DAG Ventures. PRESS RELEASE: Telefonica Digital today announced its acquisition of TokBox, the leading video communications platform. The acquisition [...]
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Joyent has completed an $85 million funding round. Weather Investment II provided the majority while Telefónica Digital also participated, according to a statement. Joyent provides cloud computing software and services.