Actona Technologies
Collaborative Commerce Solutions
Company Overview
Snapshot
Founded in March 2000 by Ilan Kessler and Israel Cidon, Actona Technologies operated with 1–10 employees. The company raised a total of $31 million across 5 funding rounds from 7 investors before being acquired by Cisco Systems in June 2004.
Business overview
Actona Technologies specialized in developing end-to-end solutions designed to enhance the online exchange of critical business content between enterprises and their partners. The company's core technology focused on improving the performance and quality of collaborative commerce applications, serving the enterprise market within the Business Software sector, specifically in IT, R&D & Data Solutions, and Project Management & Collaboration.
Strategic signal
Actona Technologies was acquired by Cisco Systems in June 2004 for $82 million. This acquisition by a major multinational technology conglomerate like Cisco Systems signaled a strong validation of Actona's collaborative commerce solutions and its underlying technology, indicating a strategic move by Cisco to integrate advanced content exchange capabilities into its offerings.
Log in to access full profile ›Company Intelligence Q&A
- When was Actona Technologies founded?
- Actona Technologies was founded in March 2000 by Ilan Kessler and Israel Cidon.
- What was a significant financial event for Actona Technologies?
- Actona Technologies was acquired by Cisco Systems in June 2004 for $82 million. Following the acquisition, Actona's activities were fully integrated into Cisco Systems.
- Which investors participated in Actona Technologies' funding rounds?
- Actona Technologies received funding from investors including Mayfield Fund.
- What was Actona Technologies' total capital raised?
- Actona Technologies raised a total of $31 million across 5 funding rounds.
- What was the company's primary focus?
- Actona Technologies focused on developing end-to-end solutions to accelerate the online exchange of critical business content between enterprises and their partners, aiming to improve the performance and quality of collaborative commerce applications.