Wednesday, September 17, 2014

Cisco Buys Metacloud

San Jose-based Cisco said this morning that it has acquired Metacloud, a private held company which deploys and operates private clouds for global organizations. Financial terms of the acquisition were not announced. Metacloud was based in Pasadena, California, and was venture backed by AME Cloud Ventures, Canaan Partners, Pelion Venture Partners, Silicon Valley Bank, Storm Ventures, and UMC Capital.