The acquisition was completed on May 15, 2020, with the service rebranded as 'BlueJeans by Verizon.' While the price of the acquisition was not announced, it is believed to be in the sub $500M range. Verizon communications announced on April 16, 2020, that it had entered into an agreement to acquire BlueJeans to expand its Business portfolio offerings, particularly its unified communications offerings. In November 2013, Ari Levy of Businessweek wrote that, 'BlueJeans has raised about $100 million in venture funding and estimates it will stream one billion minutes' worth of meetings during 2014, a tenfold increase from this year.' In 2013 BlueJeans Network expanded its user base to the UK and Australia. BlueJeans has been used by more than 300,000 people worldwide. In 20 it added other channel partners, including InterCall, iVCI, York Telecom, and AVI-SPL. The agreement between the firms was to develop 'a scalable, interoperable videoconferencing solution in Europe by the end of the year'. Upon launching, Deutsche Telekom became the company's first major channel partner. In its first 75 days, BlueJeans grew to 4,000 subscribers from 500 firms. The company sought to open up video conferencing to companies across the board, including small businesses and freelancers, in addition to the traditional market of larger corporations. Stu Aaron, the company's chief commercial officer ( CCO), described the early work as, 'Ultimately, what we're trying to do is make video conferencing as comfortable and as casual as your pair of jeans.' The company was able to acquire $23.5 million in venture capital from Accel Partners, NEA, and Norwest Venture Partners, and launched its commercial service on J with Ramakrishnan as CEO. Prior to founding the company, Ramakrishnan worked at Accel Partners, and Periyannan was the CTO of Blue Coat Systems as well as a tech lead at Apple Inc.

Krish Ramakrishnan and Alagu Periyannan founded BlueJeans Network in 2009, completing the development within six months of technology trials.

Prior to being acquired by Verizon, the company was known as 'BlueJeans Network' History

It is headquartered in the Santana Row district of San Jose, California. BlueJeans by Verizon is a company that provides an interoperable cloud-based video conferencing service.

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