P-Cube
Encyclopedia
P-Cube was a service Delivery Platform
company based in the United States
, with R&D facilities in Herzliya
, Israel. It was acquired by Cisco Systems
on August 23, 2004.
(Nasdaq:VOCL). Benny Shnaider, previously a co-founder of Pentacom, which was also acquired by Cisco in April 2004 for $118 million. The third founder, who was P-Cube's President, Dr. Giora Yaron, was previously president of Indigo NV
(Nasdaq: INDG), and general manager of Tower Semiconductor
(Nasdaq: TSEM).
The idea for founding P-Cube came as a result of examining ways to improve Internet service provider
s' profitability. P-Cube offered them the ability to provide additional services for a fee, bringing them much needed dollars that help make them more profitable.
P-Cube has raised raised more than $65 million in venture capital funding from: Granite Global, Accel Partners, ComVentures, Evergreen, Sandoz, and Venture TDF Ventures.
Service Delivery Platform
In telecommunications, the term Service Delivery Platform usually refers to a set of components that provide a services delivery architecture for a type of service...
company based in the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
, with R&D facilities in Herzliya
Herzliya
Herzliya is a city in the central coast of Israel, at the western part of the Tel Aviv District. It has a population of 87,000 residents. Named after Theodor Herzl, the founder of modern Zionism, Herzliya covers an area of 26 km²...
, Israel. It was acquired by Cisco Systems
Cisco Systems
Cisco Systems, Inc. is an American multinational corporation headquartered in San Jose, California, United States, that designs and sells consumer electronics, networking, voice, and communications technology and services. Cisco has more than 70,000 employees and annual revenue of US$...
on August 23, 2004.
History
P-Cube was founded in 1999 by three Israeli technology entrepreneur, Yuval Shahar (who was the company's CEO) and pervialsuy served as a development manager for VocalTecVocalTec
VocalTec Communications Inc. , is an Israeli telecom equipment provider. The company was founded in 1989 by Alon Cohen and Lior Haramaty, who invented and patented the first Voice over IP audio transceiver...
(Nasdaq:VOCL). Benny Shnaider, previously a co-founder of Pentacom, which was also acquired by Cisco in April 2004 for $118 million. The third founder, who was P-Cube's President, Dr. Giora Yaron, was previously president of Indigo NV
Indigo Digital Press
Indigo is a series of digital offset printing presses manufactured by the Hewlett-Packard company in Ness Ziona, Israel.HP Indigo presses are used for general commercial printing, direct mail, photo, publications, labels, flexible packaging, folding cartons and specialty printing...
(Nasdaq: INDG), and general manager of Tower Semiconductor
Tower Semiconductor
Tower Semiconductor Ltd. , global specialty foundry leader and its fully owned U.S. subsidiary Jazz Semiconductor, operate collectively under the brand name TowerJazz, manufacturing integrated circuits with geometries ranging from 1.0 to 0.13-micron...
(Nasdaq: TSEM).
The idea for founding P-Cube came as a result of examining ways to improve Internet service provider
Internet service provider
An Internet service provider is a company that provides access to the Internet. Access ISPs directly connect customers to the Internet using copper wires, wireless or fiber-optic connections. Hosting ISPs lease server space for smaller businesses and host other people servers...
s' profitability. P-Cube offered them the ability to provide additional services for a fee, bringing them much needed dollars that help make them more profitable.
P-Cube has raised raised more than $65 million in venture capital funding from: Granite Global, Accel Partners, ComVentures, Evergreen, Sandoz, and Venture TDF Ventures.