The Rubicon Project Debuts New Alternative for Generating Mad Cash for Websites
October 8, 2007
They’re back… Team that once shook up online advertising industry ready for round 2

Los Angeles, Calif. – In 1998, a group of renegade entrepreneurs had the vision to enable websites to generate revenue by selling advertising on their site. They developed an advertising platform called L90/adMonitor. At the time, DoubleClick was the #1 competitor and adMonitor entered as the 7th horse in a 7 horse race. Within a few years, they grew from #7 to #2, delivered billions of ads each month for more than 3,000 companies, reached 65% of the Internet population, took the company public, and attracted a market cap of half a billion dollars before being acquired by DoubleClick in 2001.

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SoonR Mobile Services Part of Teliasonera's Easy Box Denmark Launch
September 17, 2007
First Small and Midsize Business Offering to Roll out in Denmark, SoonR’s European Headquarters

Campbell, CA and Copenhagen, DK – SoonR, a global leader in delivering access to computer files and applications across converged networks, today announced an industry leading offering of SoonR services customized for TeliaSonera SME mobile customers in Denmark.  As an Easy Box partner, SoonR makes business critical information available to TeliaSonera customers in Denmark when they need it and where they need it. Read TeliaSonera’s announcement.

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SynVoice Raises $11.6 Million in Series B Financing and Changes Name to Communicado
August 13, 2007
After Four Years of Market Leadership in Managing Voice, Communicado Now Simplifies Convergence of all Real-time Person-to-Person Communications

SyncVoice Communications, Inc., the leading provider of unified management software for converged communications, announced today that it has changed its corporate name to Communicado to reflect its value extending beyond telephony to improving performance of all types of real-time collaborative communications across converged networks, including voice, video and live conferencing.

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Spock Publicly Launches Next Generation People Search Application
August 8, 2007
Spock is a search application that makes it easy and fun to discover information about people, launches its public beta today.

With an estimated 20 billion search queries about people done per month, Spock is positioning itself to dominate this burgeoning space. According to BusinessWeek, Spock is trying to capture some of the more than $60 billion that is projected to be spent on search marketing over the next four years.

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SoonR Offers Full Functionality, Access to Mail, Files and Applications for iPhone Users
July 23, 2007
SoonR, the global leader in delivering mobile access to computer files and applications, today announced the SoonR mobile AJAX-enabled interface supports accessing files and applications including mail on a Mac or PC from Apple’s iPhone.
 
 
 
Portfolio Company Integrien Tackling Tough Enterprise Problem
July 10, 2007
IT Outages and Slowdowns Continue to Plague Organizations Despite Elaborate Preparation
Next-Generation Systems Management Technologies Enable Companies to Predict Problems Before They Occur and Impact Customers, Reputations and Revenues

 

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Industry's First Multi-node Grid Architecture-Based Email Archiving Solution Introduced by Mimosa
June 26, 2007
Mimosa Systems™, a leader in Live Content Archiving solutions, today announced that it is bringing the promise of grid computing to email archiving environments with the release of Mimosa NearPoint ™ 3.0 for Microsoft Exchange Server software.
Meru Networks Wins Awards For Best Security And Wireless Products At Interop Tokyo
June 26, 2007
Industry Recognizes Meru's Expanding Technology Leadership
Composite Software Advances SOA Data Virtualization with New Product Release
June 26, 2007

Composite Software, Inc., the on-demand data integration company, announced a major release of the company's flagship product, the Composite Information Server (CIS), and introduced a compatible Composite Active Cluster option that enables enterprises to further scale their data services deployments.

 

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Presto Service and HP Printing Mailbox Now Shipping
November 15, 2006
Presto Services Inc., in collaboration with HP, today announced the launch of the Presto Service and HP Printing Mailbox that will enable technology-savvy consumers to share digital content, including email and photos, with family and friends who don't have a computer or Internet connection.

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Family and Friends Can Stay Connected Without a Computer

Press release featuring portfolio company, Aceva Technologies
August 24, 2004

Aceva Transaction Reconciliation for Vendor Managed Inventory (VMI) Optimizes Working Capital for Fortune 1000 Manufacturers through Improved Management of Consignment Inventory

San Mateo, Calif. — August 24, 2004 — Aceva Technologies, Inc., a leading provider of enterprise software applications for optimizing working capital, today announced Aceva Transaction Reconciliation for Vendor Managed Inventory (VMI) — a new offering to address the specific business requirements of manufacturers utilizing VMI and consignment inventory models. Aceva Transaction Reconciliation for Vendor Managed Inventory provides global manufacturers with a workbench to aggregate, correlate, and reconcile information associated with VMI transactions. Already deployed at several Fortune 500 companies, Aceva's solution improves financial performance through lower Days Sales Outstanding (DSO) and inventory write-offs, delivers greater process visibility and operational efficiency, and improves customer service. The solution is already live at Applied Materials, a leading semiconductor production equipment manufacturer, which has added the VMI Management Module to its existing use of the Receivables Management Module of the Aceva Working Capital Management Suite.

Optimizing the Financial Value Chain for VMI and Consignment Inventory Models
VMI and consignment inventory models offer global manufacturers many cost savings and operational benefits including lower inventory levels for both the supplier and customer and decreased order administration costs to both parties. Transactions associated with VMI are typically enabled by disparate transactional systems spread across both supplier and customer, as well as manual processes bridging the gaps between system capabilities. These factors contribute to inconsistencies and errors throughout the process, resulting in costly downstream reconciliation processes and payment issues. Traditionally, companies have engaged in heavy manual reconciliation to ensure accurate management of billing and payment cycles. By providing a method in which to consolidate and reconcile all information associated with VMI transactions, Aceva provides greater visibility and operational efficiency resulting in better customer service and financial performance. "Consignment and VMI programs are strong initiatives for many manufacturers because they are compelling top-line and bottom-line growth enablers, but they need to be managed closely to reduce revenue leakage and payment delays," stated Sanjay Srivastava, COO of Aceva. "By expanding our product suite to also address this area, we can now deliver the most comprehensive working capital management solution in the industry."

Addressing Key Requirements for Global Manufacturers
Key features and functions in Aceva Transaction Reconciliation for Vendor Managed Inventory include:

  • Transaction reconciliation across all stages of the VMI process, including planning, replenishment, inventory consumption and returns, invoicing and payment
  • Business policy assurance and an auditable, compliant process to deal with exceptions
  • Real-time visibility into exceptions across complex, multi-site organizations
  • Root-cause analytics to facilitate process improvement and invoice dispute prevention
  • Real-time reporting capabilities for improved customer account management, inventory management, and invoice dispute management

Availability
Aceva Transaction Reconciliation for Vendor Managed Inventory is available today. For more information visit www.aceva.com or phone 1-650-227-5540.

About Aceva
Aceva Technologies is a leading provider of enterprise application software solutions for optimizing working capital. The Aceva Working Capital Management Suite enables global corporations to maximize financial performance by reducing accounts receivables and minimizing revenue leakage. Aceva's products for dispute prevention, collections management, vendor managed inventory and deductions management provide a comprehensive approach to optimizing working capital. By driving enterprise-wide information visibility, policy compliance, and business process improvements throughout the entire quote-to-cash cycle, Aceva assists companies in significantly improving financial performance, operational efficiency and customer service levels.

Headquartered in San Mateo, California, Aceva's customers include Honeywell, Sun Microsystems, and Philips. For more details, visit www.aceva.com, send e-mail to info@aceva.com or telephone 1-650-227-5500.

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Aceva is a trademark of Aceva Technologies, Inc. All other trademarks and company names mentioned are the property of their respective owners.

Press release featuring portfolio company, Meru Networks
August 9, 2004

Breakthrough Dual Speed WLAN Technology Eliminates Performance Penalty for 802.11g Users on Networks with mixed 802.11b and 802.11g Clients

Continuing its history of technology leadership and industry firsts in wireless networking, Meru Networks today announced its new AP200 Access Point with Dual Speed WLAN technology, which delivers maximum performance for any client on a hybrid wireless LAN (WLAN). With Dual Speed WLAN technology, organizations can deploy standards-compliant 802.11 WLANs that serve 802.11b and 802.11g clients on the same network without the severe performance compromises typical in other WLAN systems. The new AP200 access point incorporates two radios that are software programmable to be either Meru Dual-Speed 802.11b/g or 802.11a.

While other 802.11 b/g Access Points (APs) offer compatibility for 54Mbps 802.11g and 11Mbps 802.11b, supporting 802.11b clients typically creates a severe performance penalty for the 802.11g users, dropping performance to as low as 8Mbps. In contrast, the Dual Speed WLAN technology implemented in Meru’s new AP200 Access Points delivers full performance for both 802.11b and 802.11g clients on the same channel at the same time. True to Meru’s guiding principles of performance with simplicity, this is all accomplished without any changes to the client devices.

"Even though 802.11g is the designated upgrade path from 802.11b, companies deploying 802.11g do not see the benefits of the higher bandwidth because they have many existing 802.11b clients, which force 802.11g users to accept a tremendous performance penalty," said David Willis, vice president of Technology Research Services at META Group, a leading provider of IT research, advisory services and strategic consulting. "Customers should be aware of the performance implications of mixed b/g environments and seek solutions that enhance performance."

There are on the order of 50 million 802.11b clients in the world, and Intel has already announced its intention to upgrade its Centrino™ chips to 802.11g by the end of the year. Many companies are anxious to scale their WLAN deployments to 802.11g for higher application performance and capacity. Until now, however, 802.11g clients in the presence of 802.11b clients have seen their performance reduced by 40 percent or more when compared to pure 802.11g deployments.

“We have been using Meru’s system to build out wireless LANs with 802.11b technology, and we will soon be offering 802.11g capabilities as an option for our clients who demand higher performance,” said Andy Segal, CEO of Vandis, a New York based value-added network solutions provider. “Our clients appreciate the way Meru manages the wireless traffic, eliminating a lot of typical problems with channel interference and handoff delays, and providing vast improvements in scalability of the network. Meru’s core technology has enabled us to reach the performance goals of many of our most demanding clients.”

Meru’s wireless LAN solution uses standards-compliant technology to automatically sense the performance of the client accessing the network (b or g) and automatically adjusts to meet its required level of performance. As a result, users of 802.11g clients no longer have to accept reduced performance when working on the same LAN as 802.11b clients, and Meru can deliver predictable 802.11g performance to over 100 simultaneous active users.

“The fundamental performance advantages of our architecture have once again given us a clear differentiation over competitors whose products are based on off-the-shelf, legacy technology,” said Kamal Anand, vice president of marketing at Meru Networks. “Combined with Meru’s Virtual AP architecture to deal with co-channel interference, the dual speed technology gives our customers far more flexibility to tailor, upgrade, and expand their networks as wireless applications and bandwidth needs evolve, and to do so without making any changes whatsoever to their Wi-Fi certified clients.”

About Meru Networks, Inc.
Meru Networks is the wireless LAN performance leader, and makes the only enterprise WLAN infrastructure that delivers the service reliability, scalability, security, and ease of use that are essential for pervasive wireless deployments. Offering superior voice performance and subscriber density, Meru’s Wireless LAN System is deployed in major Fortune 500 accounts, universities, and healthcare organizations. Meru’s unique Air Traffic Control technology provides predictable bandwidth and over-the-air, application-specific QoS to support a wide range of current and future wireless applications. Meru, founded in 2002, is based in Sunnyvale, California. For more information on Meru Networks and its products, visit www.merunetworks.com or call (408) 215-5300.

Intel is a registered trademark of Intel Corporation or its subsidiaries in the United States and other countries

Press release featuring portfolio company, ARIO Data Networks
June 16, 2004

Next-generation SATA and SAS Controller Experts to Expand Sales, Support, Marketing and Product Development

SAN JOSE, CALIF. – ARIO Data Networks, a leading provider of next-generation OEM building blocks for SATA and SAS storage subsystem solutions, today announced the completion of a $17 million series D round of venture financing led by Mellon Ventures. Joining Mellon as a new investor is Anthem Venture Partners. Additionally, ARIO Data's original investors - Clearstone Venture Partners, Partech International, Evercore and Sunsino Funds - participated in this new round of funding.

This most recent round raises ARIO Data's total funding to date to $34.3 million. ARIO Data will utilize the funds to expand product development, sales, and marketing activities. ARIO Data has already shipped over 10,000 SATA controllers to date and has several OEM design wins for its innovative SATA and SAS technology that enables the creation of modular, scalable, high density, low cost and high performance external storage subsystems. Concurrent with Mellon Venture's investment, Mark Patton of Mellon Ventures has joined ARIO Data's board of directors.

"ARIO Data's novel architecture extends the performance, connectivity, scalability, and flexibility of external storage subsystems," said Russ Krapf, CEO of ARIO Data. "This investment by our venture partners is a strong vote of confidence in ARIO Data and our proven ability to provide robust, cost effective, and innovative SATA and SAS solutions to our OEM partners."

"ARIO Data's ground-breaking serial I/O technology and architecture solves an urgent need for OEMs and their end user and channel customers," said Mark Patton, Vice President at Mellon Ventures. "ARIO Data is in an ideal position to become the leader in enabling the creation of modular, scalable, high density, low cost, and high performance next-generation SATA and SAS subsystems."

"The move towards SATA and SAS is altering the storage landscape," said Tony Asaro, a senior analyst at Enterprise Storage Group. "Customers are demanding lower cost storage and realize that they can store their data on different disk types and get more for less. The storage vendors are challenged with giving the customers what they want and need a way to minimize their costs while improving functionality and performance. ARIO is delivering the key SAS and SATA building blocks that help storage OEMs meet customer requirements."


About Mellon Ventures
Mellon Ventures is the $1.4 billion private equity investment partnership affiliated with Mellon Financial Corporation (NYSE: MEL). Since its inception in 1996, Mellon Ventures has invested in over 130 operating companies and more than 50 private equity partnerships. With offices in Atlanta, Los Angeles, New York and Pittsburgh, Mellon Ventures, Inc. invests in all stages of a company's growth cycle, from early stage to later stage growth financings and buyouts. Mellon Ventures investment professionals are industry-focused and organized by practice groups consisting of Financial and Business Services, Technology, and Growth and Buyouts. Mellon Ventures brings both operational expertise and a willingness to make strategic investments in opportunities that meet our criteria. In addition to capital, Mellon Ventures expects to assist Mellon's portfolio companies with their strategic and organizational development, and provide access to Mellon's individual and institutional relationships. Additional information is available at www.mellonventures.com..


About Anthem Venture Partners
Anthem Venture Partners is an early stage venture capital firm located in Santa Monica, CA, founded in 2000. Providing financial investment, operational and managerial expertise, and access to Anthem's network of professional contacts, Anthem helps entrepreneurs build the resources necessary to develop emerging technology companies. Anthem's greatest strength is its dedication and commitment to working closely with entrepreneurs through every stage of company development.


About ARIO Data Networks, Inc.
Privately held ARIO Data Networks, Inc. provides OEMs the essential building blocks to create high availability, high performance, high density, highly scalable, and highly modular serial I/O storage subsystem solutions. Utilizing next-generation SATA and SAS disk technology, intelligent I/O switching, and highly integrated ASICs, ARIO Data's products enable a dramatic reduction in subsystem TCO, while seamlessly integrating with existing storage infrastructure. ARIO Data's enhanced solutions are being deployed in SAN, NAS and DAS environments, with applications ranging from Information Lifecycle Management, to nearline storage, to disk-to-disk back up, to high performance scientific and engineering computing. Headquartered in San Jose, California, ARIO Data can be reached at: info@ariodata.com, www.ariodata.com, and (408) 432-8778.