Cisco acquires email startup PostPath for $215M
Networking giant Cisco Systems has agreed to acquire an email startup called PostPath for $215 million.
To explain the acquisition, Cisco touts PostPath’s security, scalability and compatibility with other email solutions — the Linux-based email service’s interoperability with Microsoft Exchange has been a selling point in the past. Cisco says it plans to incorporate the Mountain View, Calif. startup’s email and calendaring features into its WebEx software (acquired by Cisco last year), which is trying to… Continue Reading
PostPath, a corporate email server co., raises $15M more
PostPath, a Mountain View start-up that sells a corporate email server, one of several companies trying to take on Microsoft, has just raised more cash.
It has raised $15 million in a third round of funding, led by JAFCO, and including existing investors Matrix Partners and Worldview Technology Partners.
It wants to take market share away from Microsoft’s Exchange service, by making its Linux-based server compatible with Exchange, so that companies can use PostPath without having to… Continue Reading