From a $a hundred and fifty,000 grant to a rumoured $1 billion buyout…
Cisco has confirmed an agreement to invest in carefully watched community monitoring expert ThousandEyes for an undisclosed sum. (Bloomberg, before reporting talks, experienced cited a figure of $1 billion).
ThousandEyes was introduced in 2010 — with a $a hundred and fifty,000 federal grant — by two UCLA doctoral learners and has elevated backing from buyers together with GV the venture money arm of Alphabet, Inc.
It shut its fiscal yr passing $a hundred million in deal bookings.
Founder Mohit Lad dropped his PhD at the UCLA Lab to get the job done on his program for a Google Maps-like company to aid providers observe World wide web targeted visitors and dumpster dived for aged servers to create early variations.
The firm gathers info from the general public World wide web, info facilities, co-location services