alarm:clock

Enterprise Software - Friday, August 29, 2008

Email/Calendering's PostPath Bought By Cisco For $215M

Cisco Systems is paying Mountain View-based PostPath for $215M., a Mountain View, Calif.-based provider of email and calendaring software. PostPath raised $23M in VC funding, from Worldview Technology Partners, Matrix Partners and Jafco Ventures.

The idea is to integrate PostPath with Cisco's WebEx Connect platform. We wrote about PostPath in 2007 when we noted: "Hats off to the engineers at PostPath. Management told them that they could not survive creating a Linux version of MSFT Exchange rather Postpath would have to work seamlessly with their existing MSFT Exchange infrastructure, which meant engineers would need to hack Exchange without help and documentation from Redmond, which must have been a nightmare."

PostPath competes with the likes of Zimbra which was bought by Yahoo as well as with Google's Ajax-based email and calendering apps. Who has the edge? We have to give it to Google in this market. We just don't think that Webex has the mind-share to convince people to being to use them for email and calendering.

View - site