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ACQUIRED COMPANY
 
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Latitude Communications  (Stock symbol: LATD ) Acquired by Cisco Systems (2003 $ 80,000,000)

2121 Tasman Drive
Santa Clara, CA 95054
USA
(408)-988-7200
Website Company Summary Management Team
Board

Outside board: (May no longer be on the board) Tom H. Bredt (Menlo Ventures) Robert J. Finocchio (Informix Software CEO) Deepak Kamra (Canaan Partners) Gib Myers (Mayfield Fund);  James L. Patterson (Clarify Chairman);  Jan Praisner (Clarify CFO) Emil Wang (Latitude Communcations Founder)
Company

Business description: Latitude Communications, Inc. is a provider of enterprise e-conferencing solutions that enable geographically dispersed organizations to collaborate in real time. The Company's MeetingPlace system is designed for enterprise-wide deployment to improve the ability of employees, partners and customers to meet and work. MeetingPlace consists of three components, the MeetingPlace conference server, MeetingPlace software and system integration options. MeetingPlace incorporates many easy-to-use features that allow participants to emulate the voice and data collaboration that occurs in a face-to-face meeting, such as breakout sessions, roll calls and meeting handouts.
Customers include: 3ComAdobe SystemsAgilent TechnologiesAndersen ConsultingApplied MaterialsBABristol-Myers SquibbCambridge Technology PartnersCendantCienaCisco SystemsGE Global Exchange ServicesHoneywellHPMicrosoftOwens CorningPraxairShooter FinancialStorageTekVirata;  American Management Systems;  Budget;  Burlington Northern Santa Fe;  Century 21;  Mercer;  State of Alaska;  Syntellect;  U.S. Robotics
Partners include: Aspect SoftwareMicrosoft;  RADVISION
Capital

Rounds: 3
Capital raised: 18.5M
Ownership: Acquired by Cisco Systems (2003 $ 80,000,000)
Stock Symbol: LATD
Corporate investors: Stanford University

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Overview
Sector: Communications
Year Founded: 1993
Headcount: 151-200 as of Nov 2003
Rounds: 3
Capital Raised: 18.5M
Ownership: Acquired by Cisco Systems (2003 $ 80,000,000)
Stock Symbol: LATD