Tuesday, August 4, 2009
LifeSize Sees Gains
Austin-based high definition video conferencing hardware firm LifeSize Communications said Tuesday that the firm is again seeing "record sales" at the company. According to the firm, it had record sales in the first half of 2009, posting an increase of 45 percent in sales compared with the first half of 2008. LifeSize, which is privately held, did not disclose actual financials. The firm said it is adding around 800 new customers per quarter, and now has over 8000 installations of its equipment. LifeSize had said in January that it had a 150% growth in 2008, although it hasn't released any financial details on any of its results. The firm is venture backed by Austin Ventures, Tenaya Capital, Norwest Venture Partners, Pinnacle Ventures, Redpoint Ventures, and Sutter Hill Ventures.