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LifeSize Raises $25M

Austin, Texas-based LifeSize has raised $25M in funding, the firm said today. Funding came from Lehman Brothers Venture Partners, and included prior investors Austin Ventures, Norwest Venture Partners, Redpoint Ventures, Sutter Hill Ventures, and Pinnacle Ventures. Brian Paul of Lehman Brothers will join the firm's board. LifeSize is developing high definition video conferencing hardware. More information »