Multiven

Economic freedom, political freedom and personal freedom are all facets of the same diamond.
Entrepreneurs are the revolutionaries of our time. – Franklin Pitch Johnson, 2004

History of Multiven

The Internet infrastructure is the sole connection between us and all of our personal and corporate data. Thus, its availability is critical to mankind's very existence. Realizing this, Peter Alfred-Adekeye - a serial entrepreneur and consumer advocate - founded Multiven in Silicon Valley in 2005 as the world's first network maintenance service provider to focus on making the Internet work better, irrespective of the underlying hardware, software and technologies.

Prior to Multiven, Internet network maintenance services were delivered by equipment manufacturers in a monopolistic and highly inefficient, fragmented and siloed manner. As a result, internet maintenance service contracts (and therefore consumer Internet connectivity bills) were expensive while the average mean-time-to-competent-repairTM of network outages and degradation were prolonged.

Multiven's cloud-based direct-to-expert™ multivendor support technology, efficient processes and vendor-neutrality resolved these industry challenges while dramatically reducing consumers Internet costs by up to 75%.

Investors

Looking back over the years, it is humbling to reflect on Multiven's key achievement of successfully opening up the multi-billion dollar Internet network maintenance services market to competition which ensures unprecedented consumer choice and value while enabling more people across the world to be able to afford Internet access.

Quick Facts

Founded

2005 in SIlicon Valley

Status

Privately-Held

Vision

To make the Internet ubiquitous.

Products

Affordable Internet Network Maintenance Services

Innovation

World's first 100% cloud-based workforce capable of supporting multi-billion dollar services.

Service Availability

Worldwide

Growth Rate

Triple Digit YoY

Current Customer Profiles

ISPs, Telcos, Government, Academia, Fortune 500, SMBs

End-customer Networks Maintained

50,000+ (Dec 2010)

Competition

Multiven is the leading (and only credible) services competitor to Cisco Systems

Bank Debt

$0 (Dec 2010)

Total Addressable Market

$50+ Billion (with a CAGR of 25%)

If you are interested in learning more about investment opportunities with Multiven, please call +1.650.440.4401.

Culture

Multiven commits up to 1% of its resources towards charities and environmental issues within its local communities.

You haven't lived until you've given back to humanity and help to make the world a better place. – Peter Alfred-Adekeye, 2008

Peter Alfred-Adekeye

Founder & Chief Executive Officer

Peter is the founder and CEO of three technology companies, Multiven - a global provider of Internet infrastructure maintenance services, Pingsta - an engineers-in-the-cloud software and services provider and most recently Paatle, a social platform that simplifies the way consumers rent, buy and sell real estate worldwide.

Prior to Multiven, Pingsta and Paatle, Peter spent five years in Cisco’s $17+ billion per annum services organization based in California, where he excelled in various technical and non-technical leadership positions. These include leading the Core Architecture Technology Solutions group which was responsible for all source-code level IOS and IOS-XR operating system software, ASIC-level hardware and technology concerns raised by Internet service providers, government and fortune 500 customers worldwide. Peter also served as the technical escalation point for high-end routers such as the Gigabit Switch Router - GSR 12000, ESR 10000 etc. while adding value to Cisco's flagship Core Routing System - CRS before, during and after first customer shipment.

Prior to this, he was in consulting engineering within Cisco’s advanced engineering services group in London, UK covering EMEA for strategic Internet service provider clients with network assets in excess of USD$1 billion e.g. AT&T, Level 3, UUNet/WorldCom and Global Crossing. Before Cisco, Peter held various engineering positions at IBM Global Services and AT&T Global Network Services based out of the United Kingdom.

As an avid believer that we are all here to help make the world a better place, Peter founded R2EL and TAN, two non-profit initiatives that are fostering the growth of entrepreneurship and technology as a means of improving global human capital development.

Peter holds a Bachelor of Science degree with honors in Civil Engineering from the University of Ife, Ile-Ife and has completed executive leadership development education from Stanford University, Palo Alto, California. He is a certified Kepner-Tregoe program leader, a master-troubleshooter and an expert on ancient Japanese martial arts.

Deka Yussuf

President

With over ten years of marketing, business development and operational expertise in Europe, North America and Africa, Deka leads Multiven's multi-faceted business units globally.

She is responsible for running the company's global business operations worldwide, enabling strategic partnerships and furthering Multiven's customer success around the globe. Prior to assuming the role of President, Deka was Multiven's Chief Marketing Officer ensuring consistency with the corporate vision, creating service products and business marketing strategies for Multiven's customers, channel partners and eco-system stakeholders worldwide while extending the company's brand equity and mindshare globally. She also led Multiven’s market intelligence, business development and strategic partnership business units.

Prior to Multiven, she was involved in brand development, market intelligence and public relations for leading enterprise and consumer companies ranging from Diesel Jeans to Cisco Systems.

Deka was educated in France and England before earning a B.S. degree with honors in marketing from San Francisco State University. She speaks four languages and enjoys running, yoga and pilates in her downtime.