Executive Moves, IPO, Venture Funding and M&A - 06 Mar 2006

Mergers & Acquisitions

, a Tokyo based global provider of mobile content delivery and Internet access technologies, acquired , a San Jose based provider of intelligent networking software for enhanced IP services, for an undisclosed amount.

, a San Jose based provider of application infrastructure software worldwide, acquired , a Plano, TX based provider of business process management solutions, for $87.5 million.

, a San Jose, CA based provider of optical components, modules and subsystems, acquired , a Zurich based supplier of single-mode and multi-mode Vertical Cavity Surface Emitting Lasers (VCSEL) chips, arrays and subassemblies, for an undisclosed amount.

, a Cupertino, CA based provider of an open source database with certified software and support services available through a commercial subscription offering, acquired , a Manchester, MA based provider of server software for building Web-based applications, for an undisclosed amount.

, a Geneva, Switzerland based provider of software and services for digital imaging, acquired , a Berkshire, UK based provider of solutions to the retail digital imaging industry, for an undisclosed amount.

, a Minneapolis based provider of hosted supply chain integration services, acquired , a Lexington, KY based provider of electronic data interchange (EDI) and eCommerce outsourcing solutions, for an undisclosed amount.

Funding

– Woburn, MA; a developer of cost-effective optical channel monitors for fiberoptic communication networks; $8 million; Series D; Alta Partners, Megunticook Management, Technology Venture Partners, Vesbridge Partners.

– Waltham, MA; a provider of fixed content archiving solutions; $12 million; Series C; North Bridge Venture Partners, Polaris Venture Partners, Solstice Capital.

– Burlington, MA; a provider of open wireless network, security and management solutions; $9 million; Series C; Ascent Venture Partners, Boulder Ventures, Menlo Ventures, Vesbridge Partners.

– Dulles, VA; a provider of intelligent data capture, desktop and enterprise search and retrieval, and electronic document management solutions; undisclosed amount; round not specified; Vista Equity Partners.

– Boston, MA; a provider of secure Internet-based backup for all PC and laptop owners; $2.5 million; Series A; 3i Group, CommonAngels, Keiretsu Forum.

– Research Triangle Park, NC; a developer of automated ITIL problem management solutions creating the last line of defense for desktops and servers; $6 million; Series B; Core Capital Partners, Anthem Capital Management, Inflection Point Ventures.

– Superior, CO; a provider of New Media quantitative analysis tools for institutional investors; $2.6 million; Series A; Appian Ventures.

– San Jose, CA; a provider of best-of-breed proactive web security solutions for businesses and organizations; undisclosed amount; round not specified; Cisco Systems.

– Koln, Germany; a operator of a gaming television network devoted to games, e-sports, and lifestyle around the clock; $3.6 million; round not specified; Wellington Partners Venture Capital.

(fka Perputo) – Newark, CA; a provider of analysis and tools for investment managers; undisclosed amount; round not specified; Charles River Ventures, Maverick Capital.

– Fairport, NY; a provider of an IT and Telephony product for small to mid-sized businesses; $2 million; round not specified; Enhanced Capital Partners.

– Bethlehem, PA; a developer of a pay-per-transaction distribution network of digital music that operates directly through peer-to-peer networks; $50K; round not specified; Ben Franklin Technology Partners.

– Burlingame, CA; a developer of personalized video entertainment search and discovery experiences for consumers on the Internet; $6.5 million; Series B; Labrador Ventures, DEFTA Partners, Edmond de Rothschild Investment Partners, WaldenVC.

– New York, NY; a developer of a fully integrated multimedia authoring and messaging platform; undisclosed amount; round not specified; Motorola Ventures.

– San Francisco, CA; a global publisher of mobile entertainment; $7 million; Series B; Mayfield Fund, Cardinal Venture Capital, Garage Technology Ventures, Greenpark Capital.

– Wilkes-Barre, PA; a developer of Yahoo! stores websites; $100K; round not specified; Ben Franklin Technology Partners.

– Santa Clara, CA; a developer of mobile phone navigation technology; $30 million; Series E; Menlo Ventures, iGlobe Partners, Lehman Brothers Venture Partners, Sycamore Ventures.

– San Diego, CA; a developer of carrier infrastructure software that brings a rich user experience for mobile users, based on the company’s patented Multimodal technology; $6 million; Series C; Palisades Ventures, Softbank Capital Partners.

IPO Filings

(NASQAQ: LOOP Proposed)
San Francisco, CA
LoopNet.com is an online real estate marketplace that includes approximately 335,000 property listings.
Date of Registration: 3/1/06
Offering amount: $86.25 million
Lead Underwriter: Credit Suisse Securities (USA) LLC

. (NASDAQ: SNCR Proposed)
Bridgewater, NJ
Synchronoss provides software and services that communications service providers use to manage tasks such as service activation and customer transactions including additions, subtractions, and changes to service plans.
Date of Registration: 2/28/06
Offering amount: $75 million
Lead Underwriter: Goldman, Sachs & Co.

Executive Moves

, a Menlo Park, CA based early-stage high-technology venture capital firm, named Gadi Maier as a Venture Partner focusing on its Israeli portfolio companies. Gadi was formerly Co-Founder and CEO of Scalent Systems.

, a Seattle based provider of Software-as-a-Service (SaaS), named Jeff Pancottine as President & CEO. Pancottine was formerly SVP and GM at F5 Networks.

, a Monrovia, CA based provider of outsourced customer care solutions, named John R. Harris as President & CEO. Harris was formerly CEO of Seven Worldwide.

, a Cambridge, MA based provider of video analysis software for retail, named Robert Walters as VP of Sales. Walters was formerly EVP of Sales at Datavantage.

, a Larkspur, CA based provider of software for visualizing and managing information, named Bob Daw as VP of Sales & Marketing for the Americas and Asia-Pacific. Daw was formerly SVP of Worldwide Sales at Diversified Software Systems.

, a Reston, VA based provider of satellite communications service, named David Claassen as VP of Core Engineering and Brian Smith as VP of Network Deployment. Claassen was formerly VP of Engineering Development at Nextel Communications. Smith was formerly Sr. Director at Nextel.

, a Cupertino, CA based provider of open source database software and services, named Taneli Otala as co-CTO and Jim Starkey as Senior Software Architect. Otala was formerly CTO and VPO of Engineering for SenSage. Starkey created the InterBase RDBMS.

, a Boulder, CO based provider of supply chain optimization solutions, named Kevin Fallon as President & CEO. Fallon was formerly President of MX Logic.

, a San Mateo, CA based developer of personalized video processing technology, named Jef Graham as Chairman and CEO. Graham was formerly Chairman, President & CEO of Peribit Networks.

, a Palo Alto, CA based venture capital firm, named Dave Bagshaw as Entrepreneur-in-Residence. Bagshaw was formerly CEO of Shutterfly.

, a Colorado Springs based provider of complete services solutions for the modeling, manufacturing, monitoring and management of Service-Oriented Architecture (SOA), named Tim Harvey as CEO. Harvey was formerly SVP of Sales & Marketing at S1 Corp.

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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