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.
