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Personeta Receives Investment From Cisco Systems

Thursday, February 01, 2007 7:30:00 AM PDT | VentureDeal Staff

NAPERVILLE, ILPersoneta announced that it has received an investment from Cisco Systems, Inc.   The amount and terms of the investment were not disclosed.

Personeta bills itself as the “leading developer of converged service creation and application solutions.  The company’s flagship product, TappS NSC, is a standards-based converged service creation and execution platform that enables service providers to rapidly implement FMC and multimedia services.”

Regarding use of the funding proceeds, company CEO Bibi Rosenbach said, “Cisco’s funding will help Personeta realize its vision at the service layer by offering service providers enabling technologies for converged, value-added services with the emerging service delivery platform (SDP) paradigm.”

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