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Executive Moves
Core Security Technologies, a Boston based developer of network security solutions, named Len DiIuro as VP of Sales and Susan Challenger as VP of Marketing. DiIuro was formerly employed by Black Dragon Software and Bottomline Technologies. Challenger was formerly VP of Marketing at Percussion Software.
EEye Digital Security, an Aliso Viejo, CA based developer of vulnerability management software solutions for enterprise security, named Ross Brown as COO. Brown was formerly VP of Worldwide Sales & Channel Operations at Citrix Systems.
Electric Cloud, a Mountain View, CA based software build infrastructure company, named VP of Marketing & Business Development Mike Maciag as CEO.
Jerusalem Capital, a Jerusalem, Israel based venture capital firm, named Lior Lifshitz as Venture Partner. Lifshitz was formerly Founder and CEO of ProSeed Venture Capital Fund.
Laszlo Systems, a San Mateo, CA based developer of an open source platform for rich Internet applications (RIAs), named Kent A. Libbey as Chief Marketing Officer. Libbey was formerly Director, Product Marketing at Microsoft’s TV software division.
Nevis Networks, a Santa Clara, CA based provider of LAN security systems, named Bill Scull as SVP of Marketing. Scull was formerly SVP of Marketing at Sygate Technologies.
Nexaweb Technologies, a Cambridge, MA based provider of a software platform for building and deploying Rich Internet Applications, named Thomas C. Browne as CEO. Browne was formerly CEO of Gold Wire Technology.
Summit Partners, a Boston based private equity and venture capital firm, named Jennifer Trickett, Michael Anderson and Ryan Sweeney as Vice Presidents. Trickett and Anderson will work in Summit’s Palo Alto offices while Sweeney will be based in Boston. Trickett was formerly an Associate in Corporate Strategic Planning at The Walt Disney Co. Anderson was formerly An associate with Onex]. Sweeney was formerly an Associate in Summit Partners‘ Boston office and is rejoining the firm after earning his MBA. from Harvard Business School.
Tropos Networks, a Sunnyvale, CA based provider of Wi-Fi mesh network systems, named VP of Product Development Chris Rittler as VP of Business Development and Saar Gillai as VP of Engineering. Gillai was formerly VP of Engineering for Cisco’s Wireless Networking Business Unit.
Xambala, a San Jose based provider of acceleration solutions for streaming application-oriented network processing, named Arvind Sinha as VP of Business Development. Sinha was formerly Founder and Managing Principal at Rais Associates.
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Mergers & Acquisitions
Applied Wave Research, an El Segundo, CA based supplier of high-frequency electronic design automation (EDA) products, acquired APLAC Solutions, an Espoo, Finland based developer of simulation and analysis software for analog and RF design, for an undisclosed amount.
F5 Networks, a Seattle based provider of Application Traffic Management products, acquired Swan Labs, a San Jose developer of Enterprise Application Shaping (EAS) products that combine WAN optimization with application acceleration, for $43 million.
The Iliad Group, a Paris based alternative dial-up and broadband ISP, acquired Altitude Telecom, a Mont St-Aignan, France based provider of telecommunications services, for an undisclosed amount.
JDS Uniphase acquired Agility Communications, a Santa Barbara, CA based developer of widely tunable components for metro, switching, and long-haul markets, for an undisclosed amount.
Trema Group, a London based provider of treasury and asset management software for corporations and financial institutions, acquired Richmond Software, a London based provider of treasury management solutions for the middle market, for an undisclosed amount.
Funding
Akoya – Peoria, IL; a business intelligence software company in the direct materials purchasing industry; $1.5 million; Series A; ARCH Development Partners, Caterpillar, Golden Angels Network, Spring Mill Ventures, Tri-County Venture Capital Fund, Village Ventures.
Apach Network - Courtaboeuf, France; an online music technology vendor; $3.8 million; round not specified; Iris Capital, OTC Asset Management, Sigefi Ventures.
CentrePath – Waltham, MA; a provider of intelligent management solutions for optical and storage networks; $5 million; round not specified; Greylock, Pilot House Ventures Group.
CollabNet– Brisbane, CA; provider of on-demand distributed development solutions; $9.5 million; Series B1; Benchmark Capital, Industry Ventures, Intel Capital, Norwest Venture Partners, WR Hambrecht.
EnterpriseDB – Edison, NJ; an enterprise database company; $7 million; Series A; Charles River Ventures, Valhalla Partners.
Global Silicon – London, UK; a supplier of integrated circuit solutions for the consumer electronics industry; $10 million; Series C; undisclosed investors.
Grisoft - Brno, Czech Republic; a provider of anti-virus security software; $16 million; corporate round; Intel Capital.
Kotura – Monterey Park, CA; a provider of silicon photonic products; $13 million; Series 2 preferred stock financing; GF Private Equity, ARCH Venture Partners, ComVentures, Viterbi Group.
LeftHand Networks – Boulder, CO; a provider of complete iSCSI storage area network (SAN) solutions built using patented storage clustering technology; $25 million; Series C; Valhalla Partners, JPMorgan Chase & Co.
MetaCarta– Cambridge, MA; a provider of geographic information applications; $10 million; Series C; ChevronTexaco Technology Ventures, FA Technology Ventures, Hunt Ventures, In-Q-Tel, Sevin Rosen Funds, Solstice Capital
Negevtech – Rehovot, Israel; a developer of silicon wafer testing and semiconductor production inspection systems; $26 million; round not specified; Genesis Partners, Intel Capital, Lehman Brothers, Pitango Venture Capital, Poalim Capital Markets Technologies, Star Ventures Management.
NemeriX – Manno, Switzerland; a fabless semiconductor company Global Positioning System (GPS) chipsets for mobile handsets and other applications; $31 million; Series B; Atila Ventures, Auriga Partners, Cadence Design Systems, Oak Investment Partners, PolyTechnos Venture Partners, Venture Incubator.
Realeyes3D – Saint-Cloud, France; a provider of embedded applications and wireless services for camera phones; $9.3 million; round not specified; Atlas Venture, I-Source Gestion, Partech International, Siemens Acceleration in Communications.
Shellcase – Israel; a provider of wafer-level electronic product miniaturization technologies; $19.4 million; undisclosed amount; China Singapore Venture Capital, GlenRock Israel, Infinity Venture Capital Fund, Korean Global IT Fund, Platinum Neurone Ventures.
Vue Technology (fka Intelligent Systems) - Aliso Viejo, CA; provider of enterprise-wide RFID solutions; undisclosed amount; round not specified; Canaan Partners, Partech International.
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