The enterprise software and SaaS startup newScale, founded in 1999 and based in the United States, has garnered attention with its acquisition by Cisco. The company specializes in self-service, service catalog, and lifecycle management software for enterprise IT and private/hybrid cloud computing. With over 2 million users globally, newScale empowers IT organizations and service providers to offer a self-service storefront for desktop and data center services across physical, virtual, and cloud environments. Notably, 20 percent of the Fortune 50 companies are among newScale's customer base, benefiting from enhanced IT agility, heightened user satisfaction, and savings of tens of millions of dollars. Although details about the last investment round are available, the specific investors are not provided. However, newScale received a $2.20M Venture Round investment on 10 July 2009. For more information, visit www.newscale.com.
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