Press Releases
ADOMO SECURES $15 MILLION IN SERIES A-1 FUNDING ROUND
Flexible, Resilient Unified Messaging Solutions that Simplify IP Telephony Attract Additional Investment
Cupertino, Ca., Dec. 4, 2007 - Adomo, Inc., a provider of flexible, resillient Unified Messaging solutions for large enterprises, today announced the completion of a $15 million Series A-1 funding round lead by Menlo Ventures and Storm Ventures, both of Menlo Park, Calif. The complany will use these funds to aggressively expand product development, marketing and sales efforts to take full advantage of the growing market opportunity for solutions enabling telephony and data convergence in the enterprise.
Adomo is 100 percent focused on Unified Messaging solutions that work on exisitng infrastructures, including PBX or Microsoft Exchange server. The company's purpose-built, modular archhitecture distinguishes it from other solutions on the market by requiring fewer databases and no synchronization. This allows Adomo to deliver the most flexible, resilient solution at the lowest total cost of ownership. Through this unique approach, Adomo's solution is enabling customers in the financial, legal, healthcare, manufacturing and other industries to experience IPT deployments that work faster with less cost and higher reliability. As proof of its architectural excellence and innovation, Adomo was recently granted a patent by the U.S. Patent and Trademark Office1.
"Adomo's technology is built to handle the complex environment of Fortune 5000 enterprises, whether TDM or IP based," said Mathew Frazer, president and CEO, Adomo. "This strong funding round underscores the value of Adomo's unique ability to simplify what is a very complex problem, delivering a superior messaging platform and cost advantage for our customers."
1 Patent # 7.296,066 issued Noverber 13, 2007. A server or software program implemented on a third-party server to facilitate incoming and outgoing calls in a mobile communication system is provided.
About Storm Ventures
Storm Ventures was founded in 2000 by a seasoned group of industry veterans with the common vision of sharing our collective experience, passion and energy to help talented and driven entreprenerus build great companies of enduring value. Storm Ventures focuses on seed and early stage information technology companies which best leverages the team's operational perspective and experience and enables Storm to add value in the critical early stages of a company's development. For more information on Storm Ventures, visit its website at www.stormventures.com.
About Menlo Ventures
Since 1976, Menlo Ventures has helped visionary leaders turn technical innovation into world-class companies. Many of these companies have become leaders in their respective markets, including LSI Logic, UUNET Technologies, Xros, Cyras Systems, Hotmail Corporation, Ascend Communications and Clarify. The company currently focuses its investments in the areas of communications software, Internet infrastructure, semiconductors, storage and computer hardware. For more information, visit www.menloventures.com.
About Adomo
Adomo focuses on Unified Messagin solutions that seamlessly integrate into telephony and data networks of large enterprises. Based on a purpose-built, modular architecture, Adomo's flexible, resilient UM solutions simplify covergence for companies with complex IT environments. The company is headquartered in Cupertino, Calif., and is backed by Menlo Ventures and Storm Ventures. For more informaiton, visit www.adomo.com.
Contact
Tara Klein
PR and Media Relations for Adomo
415-503-1818, ext. 17
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