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Cisco exec pops up as a strategic advisor to SaaS start-up

Yesterday we noted that Chirag Mehta, an exec working at SAP blogged that he believed that Cisco's virtualization efforts could eventually lead it to becoming a software-as-a-service player - even buying up a couple of key SaaS players. So it was interesting when today we came across a press release with "Cisco" and "SaaS" in the text.

Start-up Zuora was formed by SaaS execs from Salesforce.com and WebEx to focus on the subscription billing industry. It says it aims to "do for the subscription industry what Amazon and PayPal have done for online retailing and payments," according to Zuora's press release. Michael Everett, Cisco VP of finance is one of a number of Silicon Valley execs to join Zuoras board of strategic advisors. Others include Elizabeth Tse, eBay VP, global billing, payments and collections, Dan Halabe, former partner at Accenture, and David Welsh, a partner at private equity firm Adams Street Partners.

OK, so it would be a bit far-fetched to suggeset that Cisco would be interested in buying Zuora. The bottom line is that Zuora will gain knowledge from Everett's financial experience, which includes a stint as CFO at WebEx, before it was acquired by Cisco. But we like the fact that this news popped up the day after we noted Mehta's interesting blog. 

More from Cisco Subnet: 
* Cisco warns of WebEx ActiveX security hole
* SSL VPN vulnerabilities: Client certificates vs. OTP devices
* Direct sales vs. channel partners: The good, the bad and the ugly
* Out goes Cisco, in comes ShoreTel VoIP for the City of Oakland
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Go to Cisco Subnet for more Cisco news, blogs, discussion forums, security alerts, book giveaways, and more.

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The Cisco Subnet blog is the official blog of the Network World Cisco Subnet community, managed by Editor Linda Leung. Cisco Subnet is the independent voice of Cisco customers and is your gateway to daily Cisco news, blogs, opinion, books, prize giveaways and more. Visit the Cisco Subnet home page daily and while you are there, subscribe to the Cisco Alert e-mail newsletter, which includes news and views generated by the Cisco Subnet community as well as Cisco-related stories on Network World and elsewhere on the Web.

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