Metreos

Metreos was a software company that created and sold development and runtime tools for creating voice over Internet Protocol software applications. The company was founded by Louis Marascio and Mark Richards and was based in Austin, Texas, United States. On June 8, 2006 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]

Metreos Corporation
Subsidiary
IndustryComputer software, Internet telephony
FoundedAustin, Texas (January 2001)
FounderLouis Marascio
Mark Richards
Headquarters
Austin, Texas
,

United States
Key people
Joel Fontenot (CEO)
Louis Marascio (Founder CTO)
Adam Takvam (Chief Architect)
David Wilson (VP Marketing)
Ben Alves (VP Sales)
Vaughan Stanford (Dir Business Development)
ParentCisco Systems

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]

gollark: Only with a European Parliament law authorising it.
gollark: The EU will have exactly three (3) computers for people to use.
gollark: "Unregulated computers could allow people to process data in violation of the GDPR, or train AI things without reading all 282873 pages of EU regulations, filling out forms, and ensuring they cannot be biased against anyone in any way ever."
gollark: Large areas of the world's behaviour becoming inaccessible to anyone but large bureaucratic organisations filling out horrific quantities of paperwork seems somewhat sad to me.
gollark: I mean, I don't do those things, but still.

References
  1. Cisco Systems, Inc. Announces Agreement to Acquire Metreos and Audium Archived 2007-06-27 at Archive.today
  2. "Cisco buying Austin's Metreos". Austin Business Journal. June 9, 2006. Retrieved July 17, 2013.
  3. Cisco Systems, Inc. Completes Acquisition of Metreos and Audium Archived 2008-07-19 at Archive.today
  4. Company aims to improve telephones that use Internet technology
  5. Metreos lands $3.8M in funding


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