IT Companies Founded By Married Couples


Fremont: Entrepreneurs are said to be married to their business where they are required to spend long hours and make sure that all goes well in order for the business to flourish. Add to it your spouse also and you can get rid of all that complaints when you reach home. Since your spouse as the co-founder, it puts you two on the same boat where you not only get to spend more time with each other but also support the other through the tough times, and understand the intricacies the other is going through. Here are few of the famous IT companies founded by married couples.

Cisco

Len Bosack and Sandy Lerner, CiscoFounded by married couple Len Bosack and Sandy Lerner in 1984, Cisco Systems designs, manufactures, and sells networking equipments. The couple used to work as computer operation staff members at Stanford University. The name of the company was derived from the city where it was founded San Francisco.

Born in Pennsylvania in 1952, Bosack graduated from the Wharton School. He co-founded Cisco with the aim to commercialize the Advanced Gateway Server. Born in 1955, Lerner graduated from the Stanford University. The couple designed the first router at their home in order to connect the incompatible computer systems at the Stanford office since the SU-GSB system was not present on any network.

The company went public in February 1990 with a market capitalization of $224 million. In August 1990, Sandy was fired by the professional managers brought in by the company’s VCs, and on hearing the news her husband Bosack also resigned in protest. The couple received $170 million, of which a whopping 70 percent was put aside to their own charity. Sandy used a portion of her stock earnings to start a VC firm ‘& Capital Partners’.