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Interwise  Acquired by ATandT (2007 $ 121,000,000)

25 First Street #412
Cambridge, MA 02141
Website Company Summary Management Team

CEO: Frank Zvi
President/COO/Operations: Hillel Kobrinsky
General Management: Tony Gasson (7/05)
Finance: Stephen Gregorio
Technology: Joseph Gray (2001)
Sales/Marketing: Neil Lieberman
Customer Service: Ohad Kushner
Not listed on the website: (May no longer be at the company) Ben Leikach*;  Estee Solomon Gray*;  Joseph McLaughlin*;  Kay Meckes*;  Kimberly Friddl*;  Linton Moulding*;  Mike York*

Outside board: (May no longer be on the board) Rob Berenstein (Leeds Group);  John Landry (Lead Dog Ventures) Jim P. Manzi (Lotus Software President/CEO)
Advisory board: John Landry (Adesso Systems CTO) Bo Isloe (UBS Capital);  Russ Planitzer (J. H. Whitney & Co. General Partner)

Business description: Interwise is the leader in complete Enterprise Conferencing -- unlimited voice, Web, and video conferencing in one integrated platform for a fixed price . Interwise's fixed price / unlimited usage business model and enterprise-class technology combine to make it easy for companies to replace multiple conferencing and collaboration products with a single, integrated solution that can reduce overall conferencing expenses by up to 50%. Leading IT industry publications and analyst firms have recognized Interwise for changing the way conferencing is done by replacing unpredictable per-minute and overage charges with a complete solution that can be deployed as broadly and economically as e-mail. I nterwise is a privately held company, backed by investors that include Lazard Technology Partners, CIBC, UBS Capital, GE Capital, JP Morgan, Leeds Weld, NTT, and SAP AG. The company sells to and supports customers globally through a direct sales force, distributors, value-added resellers, communications service providers and network-oriented systems integrators. Visit Interwise at
Customers include: Applied MaterialsBristol-Myers SquibbCap GeminiCognosCommerce OneComputer AssociatesIntelLucent TechnologiesOraclePeopleSoftSumTotal Systems;  Mapfre América ;  PartMiner
Partners include: Saba SoftwareSumTotal Systems;  NYU Online;  PSINet

Rounds: 4
Recent Fundings: Aug 2006   Sep 2005
Capital raised: 76.0M
Last Round: 9.0M
Ownership: Acquired by ATandT (2007 $ 121,000,000)
VCs include: JPMorgan PartnersTPG GrowthSapphire Ventures;  Leeds Equity Partners;  Hercules Capital
Angels/other VCs: Jim P. Manzi (Lotus)
Corporate investors: AccentureGE Capital

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Last Mentions

Record updated: Aug 2006
Sector: Software
Year Founded: 1994
Headcount: 201-300 as of Feb 2002
Rounds: 4
Recent Fundings: Aug 2006   Sep 2005
Capital Raised: 76.0M
Last Round: 9.0M
Ownership: Acquired by ATandT (2007 $ 121,000,000)