iObeya to get $17 million in a capital round led by Red River West with participation from Atlantic Bridge Capital and Fortino Capital Partners.

iObeya, a Paris, France-based SAAS developer of a real-time collaboration platform for enterprise teams, announced the completion of a $17 million capital investment round.

The money was provided by investors led by the French VC Red River West and included contributions from Atlantic Bridge Capital and Fortino Capital Partners.

The company will use the money to expand in the USA and open an office in Seattle, which will be led by Cisco veteran Tim McCracken. iObeya also announced that Rick Tywoniak has joined as Vice President of Marketing.

iObeya, founded in 2011 by CEO Cyril Daloz, developed a enterprise SAAS platform that virtualizes meeting rooms dedicated to all Visual Management practices. The platform is in use by more than 350,000 end users.

Prior to this round, iObeya raised about $3 million.