WebEx Communications News

In the current fashion of pretty sizeable rounds, Huddle, the cloud-based enterprise content management start-up, has picked up a check for $24 million in Series C funding.

With the additional funds, Huddle will drive the transformation of the enterprise content management and social software markets and continue its rapid growth that has seen the business triple in size each year since launch.

Cloud collaboration startup Huddle is gearing up for a significant push, thanks to a $24 million round of funding that CEO Alastair Mitchell says will allow the business to "really go for it." The London-based company, which provides a range of online collaboration tools and services, announced on Thursday that it had closed a series C round from ... (more)

New York: Network equipment maker Cisco Systems plans to buy unified communications company, WebEx Communications Inc., for $2.9 billion.