Success Story

Cerent Corporation

  • Founded: February 1997
  • NVP Investment: $11.8 Million
  • Acquisition: November 1, 1999
  • Acquisition Price: $7.3 Billion (at acquisition)
  • Revenue: $10 Million (prior to acquisition)
  • Employees: 360
  • Location: Petaluma, CA
  • Acquired by: Cisco Systems
Carl Russo

Carl Russo

President and CEO

"As I got to know the people at Norwest Venture Partners, I was particularly impressed by their disciplined approach. They have a steady and methodical approach that I haven't seen in any other venture capital firm."