Announced
Financials
Sources
Tags
United States
Electronic Components and Equipment
Private
internet of things
Friendly
Private Equity
Acquisition
Venture Capital
Single Bidder
Synopsis
Cisco Investments and Honeywell Ventures invested in Theatro, a pioneer of the world's first voice-controlled mobile platform connecting hourly employees to enterprise resources. Financial terms were not disclosed. “We are proud to have Cisco Investments and Honeywell Ventures join us in our journey as investors,” said Chris Todd, CEO, Theatro. “Companies across a wide variety of industries are recognizing the significant customer experience and productivity benefits of a connected and engaged workforce. Our collaborations with Cisco and Honeywell ensure that Theatro will remain at the cutting edge of both networking and mobile standards and help us bring these benefits to more organizations, in a seamless and comprehensive manner.”
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