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newScale

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Cisco Has Acquired newScale - Cisco

San Mateo, United StatesFounded 1999Hosting
Valuation $10–25M Last recorded · 2009
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for newScale and the history behind them.

About newScale

newScale Inc. was founded in 1999 and established itself as a provider of software for IT service and portfolio management. Headquartered in San Mateo, California, the company was steered by CEO Scott Hammond, a multi-time founder and leader of software companies. His experience in scaling and successfully exiting multiple ventures shaped newScale's trajectory. The firm catered primarily to large enterprise IT organizations and service providers, counting 20% of the Fortune 50 among its clients before its acquisition.

The company's core business centered on delivering a self-service portal and service catalog software that empowered IT departments to streamline the deployment of cloud services. This model allowed enterprise customers to independently select and provision systems and infrastructure as needed, shifting IT support towards a more efficient, self-reliant framework. Revenue was generated through the sale of its software products, which helped businesses manage the lifecycle of IT services, from request and fulfillment to billing and cost management.

newScale's flagship offering was the newScale FrontOffice™ Suite, a comprehensive platform for managing IT as a business. A key component was the newScale Service Portal, a web-based dashboard that gave customers a unified view for managing various applications. The software enabled the creation of an IT service catalog, essentially an online brochure of standardized offerings, allowing clients to order and deploy resources across physical, virtual, and cloud environments. This approach was designed to accelerate service delivery, manage demand, and provide clear visibility into IT costs and performance. A significant milestone was its acquisition by Cisco in April 2011, a move intended to bolster Cisco's cloud strategy by integrating newScale's self-service capabilities into its advanced services offerings.

Source: Dealroom company data

At a glance

Founded
1999
Headquarters
San Mateo, United States
Sector
Hosting

Investors

9 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A3 investors entered at this stage

Series B and later6 investors entered at this stage

  • Parker Price Venture Capital
  • Greenspring Associates
  • Chess Ventures
  • Cross Creek
  • Cross Creek Advisors
  • EPIC Ventures
Team profiled 13 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about newScale on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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