Executive Moves, Venture Funding and Mergers and Acquisitions

Executive Moves

, a Mountain View, CA based developer of nnovator in Business Intelligence for IT Governance, named Ed Chopskie as VP of Marketing. Chopskie was formerly employed by Peregrine Systems.

, a Fremont, CA based provider of VoIP immersive visual conferencing products, named Giorgio Propersi as VP of Engineering. Propersi was formerly founder of UXComm.

, a Waltham, MA based provider of software compliance management solutions, named Jim Hogan as VP of Business Development. Hogan was formerly VP of Marketing & Business Development for Tablus Inc.

, a San Diego based provider of software-enabled control systems for light emitting devices, named Jim Day as VP of Sales & Marketing. Day was formerly employed by Pacific DataVision.

, an Emeryville, CA based open source-based IT management solutions, named Ranga Rangachari as CEO. Rangachari was formerly CEO and founder of Invio Software.

, a Sunnyvale, CA based provider of enterprise software solutions for information discovery, named Donald Reigrod as GM for OEM. Reigrod was formerly VP of OEM at FAST Search & Transfer ASA.

, a Mountain View, CA based provider of Electronic Discovery software, named Chuck Williams as CTO and Mary Kay Roberto as VP of Sales. Williams was formerly President of InQuira. Roberto was formerly SVP and GM of KVS North American operations.

, a Research Triangle Park, NC based mobile content and solutions provider, named Gary S. Cohen as SVP of Global Sales. Cohen was formerly VP of Sales & Services at Kontiki.

, a Somerset, NJ based provider of components for optical systems and networks, named Andrew Savadelis as CFO. Savadelis was formerly CFO at Alfacell Corp.

, a Denver based provider of federated identity management solutions, named Robert Smith as President & COO and Patrick Harding as VP of Technology. Smith was formerly CEO of Aligo. Harding was formerly employed by Fidelity Investments.

, a Burlington, MA based developer of enterprise document presentment, named John L. Rueter as Corporate VP of Global Marketing and Pamela Blechman as VP of Business Development & Alliances. Rueter was formerly employed by Fast Search & Transfer. Blechman was formerly a VP at Wit Soundview.

, a New York based provider of behavioral-targeted online advertising solutions, named Chris Marrow as VP, Western Advertising Sales. Marrow was formerly West Coast Business Development Manager at eBay.

, a Santa Clara, CA based provider of high-performance, hardware-assisted verification solutions, named Brett Clay as VP of North American Sales. Clay was formerly VP of Sales at Tenison EDA.

Mergers & Acquisitions

, a Fremont, CA based provider of solutions, acquired , a Rancho Cordova, CA based developer of solutions for enterprises, governments and medium to large organizations, for approximately $21 million.

, a Somerset, NJ based supplier of Indium Phosphide photonic integrated components for fiber optic communications networks, merged with , an Allentown, PA based provider of integrated Indium Phosphide solutions for optical transmission systems, for an undisclosed amount.

, a St. Thomas based telecommunications company, acquired , an Atlanta, GA based provider of wholesale voice and data services to the wireless telecommunications industry, for approximately $59 million.

, a Paris based software vendor that provides trusted solutions for driving a company’s financial and business performance, acquired , a Toronto based business intelligence consulting and software development firm, for an undisclosed amount.

acquired , a provider of broadband network service management solutions for large enterprises and communications service providers, for approximately $97 million.

, a Cambridge, UK based provider of single-chip radio devices for short-range wireless communication, acquired the software business of , a Melbourn, UK based developer of 3G mobile wireless technology, for approximately $48 million.

, acquired , a San Francisco based developer of technology solutions to enable the monetization of digital goods over the Internet and file sharing networks, for approximately $34 million.

, an Alpharetta, GA based provider of purchasing and solutions for the healthcare industry, acquired , a Mandeville, LA based healthcare software and consulting services firm, for an undisclosed amount.

, a Cambridge, UK based developer and marketer of photonic components and module solutions for telecommunications equipment manufacturers, merged with , a Billerica, MA based supplier of advanced photonic switch products to the communications and test industries, for an undisclosed amount.

, a Foxboro, MA based provider of industry-leading networking solutions, acquired , a Chelmsford, MA based developer of multi-service, packet-based access systems, for an undisclosed amount.


Funding

– Morgan Hill, CA; a provider of () products for global customers in government, retail, manufacturing, pharmaceuticals, transportation, and other industries; $66 million; Series H; , , , , , .

– Somerset, NJ; (new company resulting from merger of ASIP and T-Networks), a provider of advanced fiberoptic components; $9.7 million; round not specified; , , , , , .

– Waltham, MA; a provider of strategic solutions designed to help employers support enterprise-wide pay-for-performance initiatives and reach their high-level business objectives through their people; $17.78 million; Series A4; undisclosed investors.

– Research Triangle Park, NC; a provider of a comprehensive clinical research software solution; undisclosed amount; Series A; , .

– Reston, VA; provider of software for building and using composite applications; $11 million; Series B; , .

– Cupertino, CA; a provider of instant communication software; $3 million; Series B; , , .

– Austin, TX; a VoIP manufacturer of equipment and applications that enable rapid deployment and new service revenue generation over broadband networks; $5 million; round not specified; .

– New York, NY; provider of identity solutions; $20 million; Series B; , , .

– Moscow, Russia; a global vendor of Last Mile connectivity solutions utilizing Fixed Broadband Wireless Access () and emerging technologies; undisclosed amount; round not specified; , , .

– Raleigh, NC; a provider of professional encoding solutions for content creation and distribution; $5 million; Series B; , , .

– Gloucester, UK; a developer of payroll processing software; $1.3 million; round not specified; .

– Binghamton, NY; provider of Web-based information services; undisclosed amount; Series C; , , , , Others, , .

– Milpitas, CA; a provider of storage connectivity products that interconnect s both within the data center and over MAN/WAN networks; $6.9 million; round not specified; , , , , , .

– Menlo Park, CA; a developer and publisher of mobile phone games and lifestyle applications designed for women; $5 million; Series A; , , Individuals, , .

– Tucson, AZ; a supplier of single frequency fiber laser technology for optical sensing applications in the oil and gas, and security/military markets as well as medical imaging and general research applications; $5 million; Series A2; , , .

– Palo Alto, CA; a developer of customized web agents (bots); $5 million; Series A; , .

– Herzliya, Israel; a developer of automation solutions for FAB processes, especially in the testing and control stages; $14 million; Series A; , .

– Torrance, CA; a mixed signal semiconductor company that provides digital control of power and I/O solutions; undisclosed amount; Series D; , , , .

- Sylmar, CA; designer and manufacturer of innovative high power semiconductor lasers; $5.9 million; Series C; undisclosed investors.

– Irvine, CA; provider of supply chain software and services for the electronics industry; $6 million; Series C; , .

– Portsmouth, NH; a developer of a business phone solution built from the ground up for broadband; $3 million; Series A; .

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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