Venture Wrap: Five Across For Cisco

cisco1.jpg

Cisco has announced it is acquiring social network builder, Five Across. The San Francisco-based company was founded in 2003, raised $2 million from Granite Ventures and Adobe Ventures in 2004 and have 11 staff.

Five Across has a social networking platform called the Connect Community Builder, which empowers companies to easily augment their websites with full-featured communities and user-generated content. In essence, they provide socnet functions to websites.

Dan Scheinman, Senior VP and GM of the Cisco Media Solutions Group sees this acquisition as an important step towards Cisco being positioned to assist its customers “evolve their website experience into something more relevant and valuable to the end-user.”

Cisco seems to have woken up to the fact that networking is not all pipes and plumbing. The people factor is the X-factor. In fact, check out their tagline: Cisco is the worldwide leader in networking that transforms how people connect, communicate and collaborate.

I suspect we’ll be hearing about more acquisitions in the social media space from these guys.

cisconet.jpg

About these ads

One response to “Venture Wrap: Five Across For Cisco

  1. mantar_william22@yahoo.co.uk
    From Miss mantar william
    Abidjan Cote D ivoire
    West Africa
    My dear good friend,
    My name is mantar william i am 23 years old single girl and my only brother we lost our parents to the war in our country Liberia. we are lucky that we was taken to this place by some good sameritans who have families here, Ivory coast. we are staying in a missionary refugee camp for people displaced by the crisis in my country and those from this country’s crisis.

    I would like to appeal to you confidentialy to assist us concerning my late father’s fund deposited in the security company here in Abidjan of $10,000,000 ( Ten million USD) we want to move out of here, because the crisis that started here of over one year, now is still on and there is no sign that it will be well with the country.

    Also the condition in this camp is not condusive for us that had life very easy before. Can I trust you to provide your full adress and a place for us to stay? Can I also trust you to safe keep this fund when it carry to your door step.

    If you are willing to help us please indicate in your next mail and also Let me have your telephone number and I will discuss with you some details.

    God bless you.
    Miss mantar william

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s