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Agito Networks
An enterprise fixed mobile convergence platform that enables companies to extend unified communications to mobiles
About Agito Networks
Agito Networks, Inc. operated in the enterprise mobility sector, specifically focusing on enterprise fixed mobile convergence (eFMC).
The company was established in 2006 by Pejman Roshan and Timothy Olson, both of whom previously worked in Cisco's Wireless Networking Business Unit. Roshan, with a background in product management and marketing at major tech firms, served as Vice President of Marketing. Olson, who took on the role of CTO, was an expert in wireless technology. Their combined experience at Cisco informed the company's direction. The venture was backed by approximately $20 million in funding from investors including Battery Ventures, Castile Ventures, and SVB Capital. A significant milestone for Agito Networks was its acquisition by ShoreTel in October 2010 for about $11.4 million.
Agito Networks' business model centered on the sale of a proprietary network appliance, the RoamAnywhere Mobility Router, to enterprise clients. This hardware was designed to integrate with a company's existing IP-PBX infrastructure, targeting a market of businesses seeking to unify their communication systems. The product's core function was to bridge enterprise wireless LANs (Wi-Fi) with carrier cellular networks, allowing employees' smartphones to function as extensions of their office desk phones. This offered clients tangible benefits by reducing cellular costs, especially for international calls, through intelligent call routing over Wi-Fi when in-building. The RoamAnywhere router utilized location-based technology, rather than just signal strength, to seamlessly hand-off calls between Wi-Fi and cellular networks, ensuring call continuity as employees moved in and out of the office. The platform was designed to be vendor-agnostic, compatible with various smartphones and UC systems from providers like Cisco, Avaya, and Microsoft.
Source: Dealroom company dataKnowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Oct 2010 | $0 | — | ShoreTel | — |
| SERIES B✓Equity / VC | Jun 2008 | $13M | $52M | Battery Ventures · Castile Ventures | — |
Growth signals
Latest recorded traffic for Agito Networks is 60 monthly website visits. Agito Networks's team grew 0% over the past year.
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Investments and acquisitions
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A2 investors entered at this stage
Battery Ventures- CVCastile Ventures
Other known investors1 additional known investor
ShoreTel
Source: Dealroom Talent Intelligence.
Global footprint
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