Krish Ramakrishnan and Alagu Periyannan founded BlueJeans Network in 2009, completing the development within six months of technology trials. 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. 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 June 29, 2011 In its first 75 days, BlueJeans grew to 4,000 subscribers from 500 firms. Upon launching,
Deutsche Telekom became the company's first major channel partner. The agreement between the firms was to develop "a scalable, interoperable videoconferencing solution in Europe by the end of the year". BlueJeans has been used by more than 300,000 people worldwide. In 2013 BlueJeans Network expanded its user base to the UK and Australia. 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." The acquisition was completed on May 15, 2020, with the service rebranded as "BlueJeans by Verizon." On August 8, 2023, Verizon announced that it will shut down BlueJeans in the first half of 2024.{{cite web |last1=Peters|first1=Jay|title=Verizon is shutting down the videoconferencing app it bought for $400 million ==Video conferencing==