Wednesday, September 17, 2014

Metacloud Acquired By Cisco

Pasadena-based Metacloud, the provider of Openstack-based, private cloud services, has been acquired by Cisco, Cisco announced Wednesday morning, to help bolster Cisco's cloud infrastructure efforts. Financial terms of the buy were not disclosed. According to Cisco, Metacloud's employees will join its Cloud Infrastructure and Managed Services organization. Metacloud deploys and operates private clouds for enterprise customers, and was led by Sean Lynch and Steve Curry. Metacloud was venture backed by AME Cloud Ventures, Canaan Partners, Pelion Venture Partners, Silicon Valley Bank, Storm Ventures, and UMC Capital. Metacloud last announced round was in May, when it raised $15M in a Series B funding.