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Pic of DealMakers: Entrepreneur | Startups | Venture Capital

Andy Ory On Selling His Business To Oracle For $1.2B And Now Raising $70M To Disrupt Networking

July 29, 2019
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DealMakers: Entrepreneur | Startups | Venture Capital

Description

Andy Ory is the co-founder and CEO of 128 Technology which allows company networks to better facilitate the delivery of business services and applications. The company has raised $70 million from G20 Ventures and The Perkins Fund. Prior to this Andy co-founded Acme Packett which provided voice, data and communications services and applications across IP networks for service providers and enterprises. Acme Packet was sold to Oracle for $2.1 billion. He also co-founded Priority Call Management which became one of the world‘s leading suppliers of enhanced calling and messaging solutions. The company got acquired for $162 million.