![]() ![]() Someone that is coming from a family of entrepreneurs. He is someone that has built several businesses from the ground up. I am very, very excited with the entrepreneur that we are going to have on the show today. Hello everyone and welcome to the DealMakers show. ![]() Some recent partner momentum comes from companies such as AWS, Lanner, Intel, NESIC, Redvine, CMC, and Voxai, just to name a few.Īlejandro: Alrighty. It is quickly acquiring new customers and partners frustrated with experiences with Cisco and other providers of hardware-based approaches to networking, which has seen little innovation over the past 30 years. To date, 128 Technology has raised $68 million. Ory projects that 128 Technology is on a similar growth trajectory as Acme Packet, given the global market for its networking solutions. Ory’s timing was right again as corporations are desperately seeking greater network security, agility, reliability and performance. After continuing to build the business into a networking powerhouse, Ory sold Acme Packet to Oracle for $2.1 billion in 2013.Īfter taking some time to recharge, Ory and his business partner, Patrick Melampy, founded 128 Technology in 2014. The company raised $100 million in its 2006 IPO. His timing couldn’t be better, as Acme Packet emerged as a viable solution just as connected businesses were looking for a more secure, reliable way to deliver communications to any device, over any network. In 2000, Ory co-founded Acme Packet, a Boston-based company that offered session border control technology that allowed telecommunications network operators to more efficiently manage voice and data communications over IP. Its software makes routers smarter and allows company networks to better facilitate the delivery of business services and applications. 128 Technology has a differentiated approach to software-defined networking, or SD-WAN. Your email address is 100% safe from spam!Īndy Ory, CEO and co-founder of MA-based128 Technology. Remember to unlock for free the pitch deck template that is being used by founders around the world to raise millions below. Moreover, I also provided a commentary on a pitch deck from an Uber competitor that has raised over $400 million (see it here). ![]() Thiel was the first angel investor in Facebook with a $500K check that turned into more than $1 billion in cash. ITunesGoogle PlayStitcherTuneInRSSSoundCloudSpotifyįor a winning deck, take a look at the pitch deck template created by Silicon Valley legend, Peter Thiel (see it here) that I recently covered. Why raise money, even when you don’t need the cash The smoke and mirrors of selling a public company The company got acquired for $162 million. He also co-founded Priority Call Management which became one of the world‘s leading suppliers of enhanced calling and messaging solutions. Acme Packet was sold to Oracle for $2.1 billion. Prior to this Andy co-founded Acme Packett which provided voice, data and communications services and applications across IP networks for service providers and enterprises. The company has raised $70 million from G20 Ventures and The Perkins Fund. Andy Ory is the co-founder and CEO of 128 Technology which allows company networks to better facilitate the delivery of business services and applications. ![]()
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