Executive Moves
AutoCell Laboratories, an Acton, MA based developer of RF control solutions in enterprises and digital homes, named Eric Janszen as President & CEO. Janszen was formerly an entrepreneur-in-residence at Trident Capital.
Connotate Technologies, a New Brunswick, NJ based provider of Web Mining and Web Interaction solutions, promoted Director of Operations Beverly A. Hutzel to VP of Operations.
Flash Networks, a Herzelia, Israel based provider of mobile data optimization solutions for mobile carriers worldwide, named Liam Galin as President & CEO. Was formerly President & CEO of RiT Technologies.
The 41st Parameter, a Scottsdale, AZ based provider of anti-fraud and anti-phishing solutions, named Elazar Katz as VP of Professional Services, eBanking and Corey Frank as VP of Sales. Katz was formerly Director of the Active Risk Monitoring practice at Unisys. Frank was formerly VP of Telesales at ThomsonNETg.
Foundation Capital, a Menlo Park based venture capital firm, named Executive-in-Residence Richard A. Redelfs as Venture Partner.
Granite Global Ventures, a Menlo Park based expansion-stage venture firm, named Lee Kheng Nam as Venture Partner, Jenny Lee as Director of China Operations and Stephen Hyndman as CFO. Kheng Nam was formerly President of Vertex Management. Lee was formerly VP at JAFCO Asia. Hyndman was formerly CFO at Prospero Ventures.
Intelligent Results, a Bellevue, WA based a provider of customer analytics solutions, named John Moscicki as CEO. Moscicki was formerly President & CEO of Columbia Ultimate.
Intrinsic Semiconductor, a Dulles, VA based manufacturer of wide bandgap materials, named William Weisbecker as VP of Sales & Marketing. Weisbecker was formerly a co-founder and VP of Sales & Marketing of Quantum Epitaxial Designs.
MAP ROI Systems, a Sterling, VA based provider of software solutions for businesses bidding on federal, state and local government contracts, named William L. Schrader as President & CEO. Schrader was formerly Founder & CEO of PSINet.
New Edge Networks, a Vancouver, WA based provider of private multi-location broadband networks for business and carrier customers, promoted Director of People Catherine Grace to VP of People.
Pivot3, a stealth-mode developer of network storage products, named Co-Founder and VP of Sales & Marketing Lee Caswell as President &CEO.
Qpass, a Seattle based provider of mobile commerce solutions , named Jon Matsuo as SVP of Worldwide Sales and promoted former SVP of Worldwide Sales Steve Shivers to SVP of Corporate Strategy and Development. Matsuo was formerly CEO of Fidesic.
Riverbed Technology, a San Francisco based developer of wide area data services (WDS), named Keith Zubchevich as VP of Business Development. Zubchevich was formerly Director of Operations, Storage & Optical Solutions at Cisco.
Tenebril, a San Mateo, CA based provider of anti-spyware and privacy solutions, named Allan Thompsonas SVP of Enterprise Sales & Business Development. Thompson was formerly CEO of Senforce Technologies.
Tera Systems, a San Jose based provider of front-end design planning technologies for use by designers of complex System-on-Chip (SoC) semiconductors, named Motti Beck as CEO. Beck was formerly Founder, President and CEO of Bindkey Technologies.
Mergers & Acquisitions
Authoria, a Waltham, MA based provider of integrated strategic Human Capital Management (HCM) solutions, acquired Hire.com, an Austin, TX based provider of Recruiting Management solutions, for an undisclosed amount.
Colorgraphic Communications, an Atlanta based provider of professional multi-screen graphics solutions, acquired Appian Graphics, a Redmond, WA provider of 2D multi-display products, for an undisclosed amount.
E2open, a Redwood City, CA based provider of software-as-a-service for visibility and control of globally distributed supply networks, completed the acquisition of GetSilicon, a Santa Clara, CA based provider of visibility and control solutions for the semiconductor manufacturing industry, for an undisclosed amount.
Hummingbird, a Toronto based provider of integrated ECM solutions, acquired RedDot Solutions, a New York based provider of content management software, for $53 million.
IBM acquired Meiosys, a Palo Alto, CA based provider of software technologies that enable applications to be moved from one server or set of servers to others without disruption, for an undisclosed amount.
SAP acquired Lighthammer Software Development, a supplier of enterprise manufacturing intelligence and collaborative manufacturing software, for an undisclosed amount.
SDL, a Maidenhead, UK based provider of translation services and technology solutions, acquired TRADOS, a Sunnyvale, CA based developer of open platforms for multilingual content management, for $60 million.
Semotus Solutions, a Los Gatos, CA based provider of wireless enterprise software, acquired Clickmarks, a Fremont, CA based provider of a non-invasive integration technology that refactors existing applications into re-usable components that can be used to create composite applications for the enterprise, for an undisclosed amount.
Vericept, a Denver, CO based provider of intelligent compliance and content protection solutions, acquired Black White Box, a Colorado Springs based provider in delivering control and management of end-point devices, for an undisclosed amount.
Funding
AirClic – Newton, PA; a provider of mobile business automation solutions; $2 million; round not specified; Zon Capital Partners.
Akonix Systems – San Diego, CA; a provider of enterprise-class solutions for ensuring security, compliance and control of IM use within the enterprise; $12 million; Series C; General Motors Asset Management, Menlo Ventures, Mission Ventures, Palomar Ventures, Windward Ventures.
ContextWeb – New York, NY; provider of high-precision, realtime contextual advertising solutions; $9 million; Series B; Updata Partners, DFJ California, DFJ New England, Draper Fisher Jurvetson Gotham.
DriveCam - a provider of knowledge-based systems intended to identify and improve unsafe driving behavior for commercial fleets; $18 million; Series B; JMI Equity Fund, Menlo Ventures.
Elemental Security – San Mateo, CA; a developer of security compliance management software; $11 million; Series C; Lehman Brothers Venture Partners (Lead), Bessemer Venture Partners, Mayfield, Sequoia Capital.
eProject – Seattle, WA; a provider of hosted project management software; $8 million; recap round; Kennet Venture Partners, GeneVest.
HelloSoft – San Jose, CA; supplier of signal processing technology and SDR solutions for VoIP, Wi-Fi, Cellular, and converged markets; $16 million; Series B; TD Capital, Entrepia Ventures, JumpStartup, Mitsui & Co. Venture Partners, Sofinnova Ventures, Venrock Associates.
Level 5 Networks – Sunnyvale, CA; a developer of high-speed server interconnect solutions; $30 million; Series B; Accel Partners, Amadeus Capital Partners, IDG Ventures, Oak Investment Partners.
Logicalware – East Lothian, Scotland; a developer of an open source email response management system; $548K; round not specified; Sigma Technology Group.
Network Security Consulting – Columbia, MD; a provider of information security consulting and software; $2 million; Series A; Nobska Ventures.
Nomis Solutions – San Bruno, CA; a provider of profit optimization software for financial services; $8 million; Series B; Bain Capital, August Capital, Red Rock Ventures.
Panta Systems – Cupertino, CA; designs and manufactures High Productivity Computing and Visualization solutions for scientific and commercial applications; $15 million; Series A; Bluestream Ventures, Dot Edu Ventures.
picoChip Designs – Bath, UK; a supplier of wireless silicon solutions; $20.5 million; Series C; Scottish Equity Partners, Atlas Venture, Intel Capital, Pond Venture Partners, Rothschild.
Ping Identity – Denver, CO; a provider of federated identity management software solutions; undisclosed amount; Series B; SAP Ventures.
RF Code – Mesa, AZ; a developer of hybrid RFID data management software and enabling technologies; $20 million; Series A; QuestMark Partners, Intel Capital.
Sanovia – Bensalem, PA; a provider of solutions for managed care pharmacy; $5 million; Series A;Claritas Capital, HLM Venture Partners.
Softricity – Boston, MA; a provider of an application virtualization platform; $15 million; round not specified; Meritech Capital Partners, FA Technology Ventures, Longworth Venture Partners, Prism Venture Partners, TD Capital, Technology Link Capital.
Starent Networks – Tewksbury, MA; a provider of mobile business automation solutions; $15 million; Series E; Focus Ventures, Highland Capital Partners, ITOCHU, Matrix Partners, North Bridge Venture Partners, Samsung Electronics.
Syndera – Redwood City, CA; a provider of an operational intelligence solutions; $10 million; Series B; Individuals; Clearstone Venture Partners, ONSET Ventures.
Sypherlink – Dublin, OH; a developer of technology that enables information sharing across multiple data sources; $3.5 million; Series A; Battelle Ventures, Reservoir Venture Partners.
Teledvance – Louisville, KY; provides voice, data, and video communication services to small and medium sized businesses through a converged IP delivery platform; $15 million; round not specified; MK Capital, First Analysis.
Contributor: Venator Partners - Venator Partners is a Boston-based executive search firm that specializes in recruiting senior-level executives in the software and communications industries.
Copyright: Copyright © 2004. Venator Partners, LLC.
Covered Categories: M&A, Start-ups, Personnel Changes
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