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Metreos

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 based in the Austin, Texas, United States. On June 8, 2006 Cisco Systems announced that it was acquiring Metreos for $28 million in cash. On June 30, 2006 the acquisition of Metreos by Cisco Systems was completed.

Venture Funding

Metreos was a venture backed software start-up. 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 ; and a $3.8 million Series A equity financing led by Hunt Ventures and Gefinor Ventures completed in October 2004 .

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