Metreos
Cisco Systems |
Metreos was a software company that created and sold development and runtime tools for creating
Cisco Systems announced it was acquiring Metreos for $28 million in cash.[1][2] On June 30, 2006, the acquisition of Metreos by Cisco Systems was completed.[3]
Funding
Metreos was backed by venture capital. The company completed two rounds of financing: a $550,000 seed round from Startech Early Ventures, in the form of convertible debt, that was completed in March 2003;[4] and a $3.8 million Series A equity financing led by Hunt Ventures and Gefinor Ventures completed in October 2004.[5]
References
- ^ Cisco Systems, Inc. Announces Agreement to Acquire Metreos and Audium Archived 2007-06-27 at archive.today
- ^ "Cisco buying Austin's Metreos". Austin Business Journal. June 9, 2006. Retrieved July 17, 2013.
- ^ Cisco Systems, Inc. Completes Acquisition of Metreos and Audium Archived 2008-07-19 at archive.today
- ^ Company aims to improve telephones that use Internet technology
- ^ Metreos lands $3.8M in funding
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