newScale
Founded Year
2000Stage
Acquired | AcquiredTotal Raised
$54.7MRevenue
$0000About newScale
newScale is a provider of service delivery management softwarethat is used to automate service ordering by employees, orchestrate service delivery, and track delivery performance across both internal and external service providers. Internal service delivery includes the IT, facilities, telecommunications, security and other workplace services that employees rely upon. Per the company, newScale customers include: Target, Marriott, FedEx, Wells Fargo, Starbucks, AIG, and AT&T Wireless.
Latest newScale News
Aug 12, 2013
SAN JOSE, Calif. - April 15, 2011 - Cisco today announced it has completed its acquisition of privately-held newScale Inc., a leading provider of software that delivers a service catalog and self-service portal for IT organizations to select and quickly deploy cloud services within their businesses. Based in San Mateo, Calif., newScale allows commercial and enterprise customers to initiate the provisioning of their own systems and infrastructure on an as-needed basis. Cisco's cloud strategy is to harness the network as a platform for building and using clouds and cloud services. newScale complements and expands existing Cisco and partner software offerings in IT and cloud management and automation. Cisco remains committed to supporting flexibility and choice in management through a broad ecosystem of technology partners, and newScale delivers an additional option the company can provide to its customers. Financial terms of the transaction are undisclosed. With the close of the acquisition, the newScale team reports into Cisco's Advanced Services organization. About Cisco Systems Cisco (NASDAQ: CSCO) is the worldwide leader in networking that transforms how people connect, communicate and collaborate. Information about Cisco can be found at http://www.cisco.com . For ongoing news, please go to http://newsroom.cisco.com # # # Cisco, the Cisco logo, and Cisco Systems are registered trademarks of Cisco Systems, Inc. in the U.S. and certain other countries. All other trademarks mentioned in this document are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company. This document is Cisco Public Information. Forward-Looking Statements This press release may be deemed to contain forward-looking statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including the expected benefits to Cisco and its partners and customers from completing the acquisition and plans regarding newScale personnel. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results due to a variety of factors, including, among other things, the potential impact on the business of newScale due to the uncertainty about the acquisition, the retention of employees of newScale and the ability of Cisco to successfully integrate newScale and to achieve expected benefits, business and economic conditions and growth trends in the networking industry, customer markets and various geographic regions, global economic conditions and uncertainties in the geopolitical environment and other risk factors set forth in Cisco's most recent reports on Form 10-K and Form 10-Q. Any forward-looking statements in this release are based on limited information currently available to Cisco, which is subject to change, and Cisco will not necessarily update the information. Press Kristin CarvellCisco Systems, Inc.+1 408 424 0206 kcarvell@cisco.com John ChoiCisco Systems, Inc.+1 408 526 6651 johnchoi@cisco.com Amal NicholsCisco Systems, Inc.408 526-6493 amnichol@cisco.com
newScale Frequently Asked Questions (FAQ)
When was newScale founded?
newScale was founded in 2000.
Where is newScale's headquarters?
newScale's headquarters is located at 2215 Bridgepointe Parkway, San Mateo.
What is newScale's latest funding round?
newScale's latest funding round is Acquired.
How much did newScale raise?
newScale raised a total of $54.7M.
Who are the investors of newScale?
Investors of newScale include Cisco, Crosslink Capital, New Enterprise Associates, Menlo Ventures, Chess Ventures and 6 more.