In May 2010, Sipera raised $10m to take its total to $48m from a consortium of Duchossois Technology Partners, the corporate venturing unit of US industrial conglomerate Duchossois Group, and venture capital firms S3, Austin Ventures, Sequoia Capital and Star Ventures.

Avaya, a US-based communications system provider, has acquired peer Sipera Systems, for an undisclosed amount. 

In May 2010, Sipera raised $10m to take its total to $48m from a consortium of Duchossois Technology Partners, the corporate venturing unit of US industrial conglomerate Duchossois Group, and venture capital firms S3, Austin Ventures, Sequoia Capital and Star Ventures.

James Mawson

James Mawson is founder and chief executive of Global Venturing.