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newScale
Cisco Has Acquired newScale - Cisco
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 dataAt a glance
- Founded
- 1999
- Headquarters
- San Mateo, United States
- Sector
- Hosting
Knowledge graph
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Investors
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
- PCParker Price Venture Capital
Greenspring Associates- CVChess Ventures
Cross Creek
Cross Creek Advisors
EPIC Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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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