ViVu raises $3 million for video conferencing

Video-conferencing service ViVu announced on Tuesday that it has raised $3 million in a Series A round of funding that was led by Inventus Capital Partners. Draper Fisher Jurvetson and Quest Ventures also participated in the round.

ViVu's service enables users to create, publish, and manage video-conferencing events from the site. Users can access the meeting from a PC, Mac, or smartphone. According to the company, its software doesn't require any "proprietary downloads." ViVu said in a statement that it hopes its service will be used for "online meetings, sales presentations, training sessions, and large online events."

The ViVu video service is delivered as an interactive video-as-a-service, or "iVaaS." It enables users to schedule and invite associates to meetings. Those appointments can be integrated into Gmail and Microsoft Outlook. ViVu participants can view full desktop content and share applications between users. They can also engage in a chat through the service's instant-messaging platform or through its Twitter integration.

ViVu can be accessed now by any company that wants to try it out. It costs $49.95 per month for unlimited meetings. The company is currently offering a 30-day free trial.