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FineGround Networks  Acquired by Cisco Systems (2005 $ 70,000,000)

42 W. Campbell Avenue #201
Campbell, CA 95008
Website Company Summary Management Team

Outside board: (May no longer be on the board) Scott D Sandell (NEA) Ajit Shah (Worldview Technology Partners)
Former outside board: Colin R Savage (Worldview Technology Partners General Partner) Jeb Miller (ComVentures)

Business description: FineGround Networks provides the only software solution that accelerates the performance of web-based applications for enterprises. Using a broad range of optimization techniques, the Condenser improves performance by intelligently eliminating redundant traffic and latency delays in the network and the application. The Condenser requires no changes to the applications, servers or network.
Customers include: CargillMultex.comQuantumSun MicrosystemsWhirlpool Corporation;  Alcoa Aluminio;  Blue Cross Blue Shield of Michigan;  Cascade Lumber and Manufacturing;  Eastman Chemical;  Factset Research;  Hy-Vee;  Korea Telecom;  Royal Mail;  Walgreens
Partners include: Appian TechnologyBMC SoftwareCinTelKeynote Systems;  nCube Systems

Rounds: 2
Recent Fundings: Jul 2001
Capital raised: 21.3M
Last Round: 16.3M
Ownership: Acquired by Cisco Systems (2005 $ 70,000,000)

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Record updated: May 2005
Sector: Communications
Year Founded: 2000
Headcount: 26-50 as of May 2005
Rounds: 2
Recent Fundings: Jul 2001
Capital Raised: 21.3M
Last Round: 16.3M
Ownership: Acquired by Cisco Systems (2005 $ 70,000,000)