Archive for the ‘Cisco Systems Inc.’ Category

Cisco Buys Jabber For Enterprise IM Platform

Amit Chowdhry | September 19, 2008 | 335 Views | Add a Comment
Categorized under Cisco Systems, Cisco Systems Inc., Jabber


Cisco Systems, Inc. (NASDAQ:CSCO) has entered a definitive agreement to buy out Jabber, Inc.  Jabber is a Denver, Colorado-based instant messaging company.  Cisco plans on integrating Jabber in their Collaboration portfolio.  This acquisition complements Cisco’s acquisition of WebEx. 

“Enterprise organizations want an extensible presence and messaging platform that can integrate with business process applications and easily adapt to their changing needs,” stated Doug Dennerline, SVP of Cisco’s Collaboration Software Group. “With the acquisition of Jabber, we will be able to extend the reach of our current instant messaging service and expand the capabilities of our collaboration platform. Our intention is to be the interoperability benchmark in the collaboration space.”

Jabber’s customers and partners include AOL’s AIM, Bank of Ireland, BT, CapWIN, Carahsoft, U.S. Department of Homeland Security, U.S. Department of Defense, Early warning, Emerald, Eyeball, GameAccount.com, Lymabean, Earthlink, Eyeball, Intelink, Me.dium, Privacy Networks, Sun, Adobe, Akamai, and Akonix.

Jabber’s IM platform supports an aggregatioin of AIM and Google Talk.  The Jabber IM platform can also support built-in Microsoft Outlook features.  Jabber IM is already compatible with WebEx, which may have been a reason why Cisco was interested in the IM platform.

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Cisco To Acquire PostPath for $215 Million

Amit Chowdhry | August 27, 2008 | 424 Views | 2 Comments
Categorized under Cisco Systems, Cisco Systems Inc., PostPath


Cisco Systems, Inc. has made a definitive agreement to acquire PostPath. PostPath has an online mail and calendar software that serves either as a replacement or as a supplement to Microsoft Outlook.

PostPath will be used to enhance WebEx, a video conference company that Cisco acquired last year. Cisco will also use PostPath’s email and calendar systems and improve upon the IM, voice, video, data, and document experience.

“The acquisition of PostPath complements our strategy to develop an integrated collaboration platform designed for how we work today and into the future, providing real productivity gains and a more satisfying user experience”, stated Doug Dennerline, Cisco SVP of Collaboration Software Group. “Our ‘cloud-based’ delivery model offers our customers rapid deployment and compelling economics.

As part of the agreement, Cisco will pay $215 million in exchange for 100% of the shares in PostPath. The acquisition is expected to finalize by Q1 2009. PostPath’s current employees will become part of Cisco’s Collaboration Software Group.

PostPath is based in Mountain View, Calif. PostPath will continue to support existing customers.

Related Links:
1. Cisco Press release
2. PostPath Press Release
3. PostPath.com

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Microsoft Corporation Invests In Move Networks, Inc.

Amit Chowdhry | August 25, 2008 | 208 Views | Add a Comment
Categorized under Benchmark Capital, Benchmark Partners, Cisco Systems Inc., Comcast, Hummer Winblad Venture Partners, Microsoft Corporation, Move Networks Inc., Steamboat Ventures


Microsoft Corporation (NASDAQ:MSFT) has invested in Move Networks, Inc. to help support the company’s initiative to develop video technology using Microsoft Silverlight.  The official announcement should be released soon on Microsoft PressPass.

Although it is not known how much was invested by Microsoft, a source claims that it was an add-on investment on a $46 million Series C that closed last summer.   Other investors that participated in Move’s Series C includes Comcast, Cisco Systems, Benchmark Capital, Hummer Winblad Venture Partners, and Steamboat Ventures.  Move is now valuated at around $150 million.

Related Link:
1. PEHub

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Recent Tech Funding: YouMail, Mimosa Systems, Dice, RIPL, Cellfish Media, Zoodango, Reply, DoubleClick, OZON, ForeSee Results

Amit Chowdhry | April 6, 2007 | 934 Views | 1 Comment
Categorized under CFI Group, Cellfish Media LLC, Cisco Systems Inc., Clearstone Venture Partners, Compuware Corporation, Credit Suisse Group, Desjardins Venture Capital, Dice Holdings Inc., DoubleClick, ForeSee Results, Funding, Google, Holtzbrinck Ventures, Investor Growth Capital, JAFCO Ventures, JPMorgan Chase and Co., Jefferies Group Inc., Lagardere Group, Lehman Brothers Holdings Inc., Mayfield Fund, Microsoft Corporation, Mimosa Systems, Morgan Stanley, OZON, Outlook Ventures, RIPL, Reply!, Scale Venture Partners, Solidarity Fund QFL, StubHub, Tangozebra, Telecom Media Fund, Trio Capital, University of Michigan, Updata Partners, Yahoo!, YouMail

YouMail Logo

Dollar Amount Involved: $1.9 Million
YouMail is a start up company that has brought on a verteran from America Online as their CEO and has raised $1.9 million in angel funding. The company is planning to offer a service that converts voice into text. Luis Villalobos was the lead investor in YouMail. Former AOL executive, Alex Quilici is now the YouMail CEO. YouMail is based in Irvine, CA.

One of the co-founders of YouMail, Ken Brickley mentioned that the funding will allow the company to attract more users. In regards to the market potential, Brickley stated, “In the U.S. alone, there are 150 billion voice mails a year.” Brickley plans to turn these voice mails into page views. YouMail is currently filing for several patents.


Mimosa Logo
Dollar Amount Involved: $17 Million
Mimosa Systems
, an information management solutions company that offers services such as e-mail archiving and recovery in Santa Clara, CA has announced today that they have raised $17 million in Series C funding.The new round of funding was provided the $17 mill was led by Mayfield Fund and was joined by previous investors: Clearstone Venture Partners, August Capital, and JAFCO Ventures.

“Mimosa is a rising star in the multi-billion dollar, white-hot live content archiving market for unstructured and semi- structured information management, a critical need that is being fueled by eDiscovery and regulatory compliance,” stated Navin Chaddha, a managing director at Mayfield Fund. “With significant customer momentum and an experienced management team, Mimosa is poised to lead the email archiving market. We look forward to leveraging our global network of resources to propel Mimosa’s worldwide growth.”


Dice Logo
Dollar Amount Involved: $100 Million
New York based Dice Holdings, Inc.
is preparing to file for an IPO soon. The amount will be worth $100 million in common stock and will trade under NYSE. Several major financial underwriters such as Credit Suisse Group, JPMorgan Chase & Co., Lehman Brothers Holdings Inc., Jefferies Group Inc., and Morgan Stanley will underwrite the IPO.

Dice Holdings has several brands under its name including one of the most renown technology and engineering job board websites, Dice.com.The company also operates eFinancialCareers (acquired on October 31, 2006), JobsintheMoney (finance/accounting job board), ClearanceJobs (U.S. government security clearance job board), TargetedJobFairs (job fair/career event board), and CybermediaDice (Tech job board in India).

Dice has also previously worked on a project to help former Enron employees get back on their feet.


RIPL Logo

Dollar Amount Involved: $2 Million
RIPL is an upcoming social network that is based in Seattle and will have advertisement supported music and photo sharing services. Currently the website is only accessible by those who have an invitation or attend the University of Washington and the University of Central Florida.RIPL will have a product called the RIPL Receiver (which I’m assuming is a widget) that will sample music, videos, photos, and people in one’s network on the website. RIPL’s marketing plan hopes to emulate a similar technique as the iPod. Start from the teenage generation and then move up/down the age spectrum.The site was founded in December 2005 and raised $1.1 million in Series A Preferred seed capital in July 2006. Now it is rumored that the company has raised an additional $2 million as a Series A funding according to a regulatory filing.

RIPL is led by CEO, Bill Messing who is a former VP of Production at Classmates Online and a former Director of MSN.


Cellfish Media Logo

Dollar Amount Involved: $10 Million


Cellfish Media, LLC
is a New York based company that has a website where users can download games, ringtones, and share videos and photos with friends. Cellfish services are compatible with Motorola, Nokia, LG, Samsung, Panasonic, and Sony phones.

Cellfish has announced yesterday that they have raised $10 million from Solidarity Fund QFL. It had previously raised $50 million in October from Trio Capital, Telecom Media Fund, and from a Desjardins Venture Capital affiliate. Cellfish is a subsidiary of French company, Lagardere Group.


Zoodango Logo

Dollar Amount Involved: Coming Soon


Zoodango is a social network for professionals that is looking to take LinkedIn head on. Currently, Zoodango receives about 30,000 page views per day and had close to 3,000 profiles. Zoodango focuses more on setting up face-to-face meetings for professionals.

Zoodango announced that within 30 days they will announce an investment from “big profile strategic investors.” Zoodango has received angel funding from a Seattle-based billionaire investor.

The founder of Zoodango is James Sun, who is also a contestant on Donald Trump/NBC’s The Apprentice-Los Angeles.


Reply! Logo

Dollar Amount Involved: $6 Million
Reply!
, a decision search engine has attained $6 million in Series B funding from Outlook Ventures, Scale Venture Partners, and Debi Coleman (former CFO of Apple Inc.). Reply! is looked at as a competitor to Zillow.

Reply! was started in San Ramon, Calif. 6 years ago and used to be known as Next Phase Media.

Through this round of funding, Reply! intends on extending its services beyond real estate and automotive listings.

“We’d like to expand into other categories like insurance and home improvement,” stated founder and CEO, Payam Zamani. Randy Haykin, Managing Director of Outlook Ventures has stepped on the Reply! board of directors as a result of the funding.


DoubleClick Logo

Dollar Amount Involved: Acquisition Speculations

Let’s just say that this digital advertising technology company is being eyed by Google, Yahoo! and Microsoft. The company acquired Tangozebra last month to gain a stronger market prescence in Europe.

The company announced a couple days ago that it is setting up an auction-like bidding system for advertisements. DoubleClick is based in New York and has been priced at an amount north of $2 billion.


OZON.ru Logo
Dollar Amount Involved: $18 Million
OZON.ru is Russia’s largest e-commerce website for video, audio, books, games, and other electronics. It is known as “the Amazon.com of Russia.” Investors in the company have announced that they have plugged $18 million in the company. The funding was led by Index Ventures, Holtzbrinck Ventures, and Cisco Systems Inc.

“With the support of our controlling shareholder BVCP, we at OZON.ru are extremely proud to have attracted top tier European investors such as Index Ventures. This investment round will allow us to pursue our ambitious growth strategy and further strengthen our logistical operations, with a particular emphasis on the fast growing Russian regions. We also look forward to benefiting from the extensive knowledge pool, expertise and international networks of our new shareholders,” stated Bernard Lukey, CEO of OZON.ru.

OZON has more than 260,000 items in 12 product categories and 400 suppliers. OZON has a distribution center in Tver and is HQed in Moscow.


ForeSee Results Logo

Dollar Amount Involved: $20 Million

Finally some good news from the mitten-shaped state… Ann Arbor, Mich. based company ForeSee Results has raised $20 million from Updata Partners, Investor Growth Capital, and CFI Group.

ForeSee Results is an online satisfaction measurement company that utilizes methodologies from the University of Michigan’s American Customer Satisfaction Index (ACSI).

Compuware Corporation and CFI Group are both co-founders of ForeSee Results.

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Mark Chandler, Cisco SVP Blogs About Apple Inc. Lawsuit

Amit Chowdhry | January 11, 2007 | 816 Views | 4 Comments
Categorized under , Apple Inc., Cisco Systems Inc.

Cisco Vs. Apple
Mark Chandler, a Cisco Senior Vice President and General Counsel wrote a blog post yesterday about the lawsuit that Cisco is filing against Apple, Inc. in the United States District Court for the Northern District of California.  The lawsuit is to prevent Apple from using the name iPhone.  Cisco was given the trademark in 2000 shortly after acquiring Infogear.  Infogear owned the trademark for iPhone since 1996 and then Linksys, a division of Cisco had been shipping iPhone products since last year.

“Cisco entered into negotiations with Apple in good faith after Apple repeatedly asked permission to use Cisco’s iPhone name,” stated Chandler in a press release. “There is no doubt that Apple’s new phone is very exciting, but they should not be using our trademark without our permission.”

“Today’s iPhone is not tomorrow’s iPhone. The potential for convergence of the home phone, cell phone, work phone and PC is limitless, which is why it is so important for us to protect our brand,” Chandler had concluded in the press release.

However, Cisco was not looking to play hardball with Apple.  “For the last few weeks, we have been in serious discussions with Apple over how the two companies could work together and share the iPhone trademark. We genuinely believed that we were going to be able to reach an agreement and Apple’s communications with us suggested they supported that goal,” blogged Chandler.  And at this past MacWorld, when Apple announced that the name of the product would be iPhone before an agreement was made, Cisco Systems Inc. (NASDAQ: CSCO) was shocked.

“How would Apple react if someone launched a product called iPod but claimed it was ok to use the name because it used a different video format? Would that be ok? We know the answer – Apple is a very aggressive enforcer of their trademark rights. And that needs to be a two-way street” concluded Chandler in his blog post.

[Source: News@Cisco Notes]

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