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ACQUIRED COMPANY
 
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Cast Iron Systems  Acquired by IBM (2010  amount undisclosed )

375 Ravendale Drive
Mountain View, CA 94043
USA
(650)-230-0621
Website Company Summary Management Team
Board

Outside board: (May no longer be on the board) Ram Gupta (Cast Iron Systems Executive Chairman) Esfandiar Lohrasbpour (Invesco Private Capital General Partner) Stewart A Gollmer (Lehman Brothers Sr. VP) Promod Haque (Norwest Venture Partners Managing Partner) Mark D Kvamme (Sequoia Capital Partner)
Advisory board: Paul Hammond (VirtualPBX CEO) Jeffrey M Crowe (Norwest Venture Partners Venture Partner) Pierre R Lamond (Sequoia Capital Partner)
Former outside board: Fred Meyer (Cast Iron Systems Former CEO);  Alessandro Piol (INVESCO Private Capital)
Company

Business description: Cast Iron is a groundbreaking company with a solution that simplifies and enables business integration. Our management team has decades of business integration experience with software vendors, hardware vendors and systems integrators. The Application Router dramatically reduces the cost and complexity for integration projects because the hardware, software and network interfaces have been carefully and completely integrated once – by our engineering team. Most integration projects involve simple business processes. First generation integration solutions were developed before the appearance of standards. As a result, they support many complex and uncommon systems and operational methodologies. This complexity does not add value for most projects.
Customers include: General MotorsMagma Design Automation MotorolaSiemens Toyota;  British American Tobacco;  Westmont College
Partners include: Amazon Web Services BigMachines CXO SystemsGoogle Microsoft NetSuite Oracle RightNow Technologies saaspoint Salesforce.com Serene SpringCM SuccessFactors Taleo ViewCentral Xactly ;  Ridigian;  SPS Commerce ;  StrongMail
Capital

Rounds: 5
Recent Fundings: Aug 2007   Mar 2005
Capital raised: 61.0M
Last Round: 16.0M
Ownership: Acquired by IBM (2010  amount undisclosed )

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Overview
Record updated: May 2010
Sector: Software
Headcount: 26-50 as of Jul 2003
Rounds: 5
Recent Fundings: Aug 2007   Mar 2005
Capital Raised: 61.0M
Last Round: 16.0M
Ownership: Acquired by IBM (2010  amount undisclosed )