Xobni raises cash from Cisco

Funds to be used for product improvements, delivery of paid enterprise app.

Xobni logo

Outlook plug-in maker Xobni has raised a $7 million series B round of funding led by Cisco. Previous investors from the series A funding (about $4.1 million) also participated in this round.

Xobni is an e-mail add-on that analyzes your in-box to give you context around the people you communicate with. Recent updates also correlate against social sites like LinkedIn to provide even more information on people.

A company spokesperson told me that the funds will be used to add features and stability to the application, and to knock out a few remaining bugs that prevent some users (like me) from using the Xobni add-on. At the same time, the funds will help the company weather the tough economy. The company blog discusses a "focus on our premium business, and address the growing interest from our enterprise customer base," which meshes with Cisco's business model.

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About the author

Rafe Needleman reviews mobile apps and products for fun, and picks startups apart when he gets bored. He has evaluated thousands of new companies, most of which have since gone out of business.

 

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