Software - 2d Quarter, 1999
| Name |
City |
State |
Amount |
Financing |
Descr |
Investors |
| Akamai Technologies Inc. |
Cambridge |
MA |
$20,000,000 |
Second |
Global distribution of Internet content. |
Baker Capital, Battery Ventures L.P., Polaris Venture Partners, TCW |
| AnyDay.com Inc. |
Cambridge |
MA |
$7,800,000 |
First |
Provides complete and easy to use online dayplanning service, designed for the highest performance and scalability. |
Carlyle Venture Partners LP, Softbank Technology Ventures, and others |
| aQuery Inc. |
Somerville |
MA |
$1,200,000 |
Initial/Seed |
Internet software company that has developed a new type of search engine. |
Accel Partners, and others |
| Authentica Security Technologies Inc. |
Waltham |
MA |
$9,000,000 |
Second |
Software for controlling e-business applications. |
Greylock, North Bridge Venture Partners, Norwest Venture Partners |
| Berkeley Enterprise Partners |
Boston |
MA |
$1,900,000 |
Initial/Seed |
Enterprise wide front office automation solutions. |
IMS Enterprise Associates, and others |
| Books24x7.com |
Norwood |
MA |
$2,200,000 |
Bridge |
Web-based (Books24x7.com) full-content library of technical trade books from leading publishers for the information technology community. |
Commonwealth Capital Ventures II L.P., Sigma Partners |
| CareTools Inc. |
Waltham |
MA |
$13,700,000 |
Third |
Developer of internet-based operating infrastructure software tools for healthcare service organizations. |
BancBoston Capital and Ventures, Bedrock Capital, Brentwood Assoc., Forrest, Binkley, and Brown, Nazem and Co. |
| Centra Software Inc. |
Lexington |
MA |
$13,500,000 |
Fourth & Beyond |
Intranet applications for live sychronous collaboration for on-line training, education, and communication. |
Burr, Egan, Deleage & Co., Commonwealth Capital Ventures II L.P., Goldman Sachs, HarbourVest Partners LLC, North Bridge Venture Partners, Polaris Venture Partners, Scripps Ventures |
| Cerulean Technology Inc. |
Marlborough |
MA |
$5,300,000 |
Fourth & Beyond |
Mobile information application software. |
Commonwealth Capital Ventures II L.P., JAFCO USIT II Fund, MF Private Capital, OneLiberty Ventures, Sigma Partners |
| ChannelWave Software, Inc. |
Cambridge |
MA |
$6,500,000 |
Second |
Delivers web-based software solutions for sales organizations and their channel partners. |
Blue Rock Capital, Lizard Technology Partners, Softbank |
| Collaborative Structures Inc. |
Boston |
MA |
$200,000 |
Follow-on |
Provider of internet-based collaborative software and services for the construction industry. |
Ascent Venture Partners |
| Continuum Software Inc. |
Woburn |
MA |
$3,700,000 |
First |
Builds and sells innovative software solutions that help companies dramatically speed up business critical enterprise applications. |
Solstice Capital, and others |
| Courion Corp. |
Natick |
MA |
$4,100,000 |
First |
Software of IT self service and support chain automation. |
JMI Equity Fund III, Massachusetts Technology Development Corp. (MTDC), UST Capital Corp. |
| Defect & Yield Management |
Bedford |
MA |
$3,300,000 |
Second |
Defect and yield analysis systems. |
North Bridge Venture Partners, and others |
| eDOCS |
Westborough |
MA |
$12,000,000 |
Second |
Developer of Internet bill presentation and payment solutions. |
Charles River Ventures, Sigma Partners |
| Framework Technologies |
Burlington |
MA |
$6,900,000 |
Third |
Extended enterprise project communication software. |
Bessemer Venture Partners, Charles River Ventures, Hambrecht & Quist Venture Capital, Norwest Venture Partners |
| Gamesville.com Inc. |
Boston |
MA |
$14,250,000 |
First |
Interactive entertainment and database marketing. |
Chase Capital Partners, Flatiron Partners LLC, General Catalyst Internet Ventures, Highland Capital Partners, Softbank Technology Ventures |
| Keymage Inc. |
Newton |
MA |
$700,000 |
Second |
Intranet knowledge resource management. |
Vision Capital |
| MacGregor Group |
Boston |
MA |
$12,000,000 |
Mezzanine |
Software for financial services. |
Bain Capital, Commonwealth Capital Ventures II L.P. |
| Manna Network Technologies Ltd. |
Newton |
MA |
$3,500,000 |
First |
Relationship management products for on-line business. |
Advent International Corp., Gemini Capital Fund Management Ltd. |
| Mesa Systems Guild Inc. |
Warwick |
RI |
$350,000 |
Follow-on |
Web-based collaborative project management tools. |
Mid-Atlantic Venture Funds |
| MyHelpdesk.com Inc. |
Norwood |
MA |
$2,000,000 |
Initial/Seed |
Consumer computer and software help resource and commerce service top. |
Corning Technology Ventures, RKB Capital, Spark Ventures |
| Net.Genesis |
Cambridge |
MA |
$22,000,000 |
Mezzanine |
E-business intelligence solutions provider. |
BankAmerica Ventures, Bessemer Venture Partners, Boston Millennia Partners L.P., Charles River Ventures, Goldman Sachs, Hambrecht & Quist Venture Capital, Nexus Group, OneLiberty Ventures, Robertson Stephens & Company, St. Paul Venture Capital Inc. |
| Oberon Software Inc. |
Cambridge |
MA |
$11,300,000 |
Second |
Enterprise application integration. |
Charles River Ventures, Comdisco Venture Group, Matrix Partners, Sigma Partners |
| Quallaby Corporation |
Burlington |
MA |
$9,500,000 |
Second |
Network management analysis and reporting. |
Commonwealth Capital Ventures II L.P., Matrix Partners, North Bridge Venture Partners, Partech International |
| Rajmataj Inc. |
Marlborough |
MA |
$7,600,000 |
First |
Manufactures Internet infrastructure technology for scaling and managing websites. |
Matrix Partners, North Bridge Venture Partners, Oak Investment Partners |
| Riverton Software Corporation |
Burlington |
MA |
$2,000,000 |
Bridge |
Software component design, development tools and services. |
Charles River Ventures, Commonwealth Capital Ventures II L.P., North Bridge Venture Partners, OneLiberty Ventures, Sigma Partners |
| RTS Software Ltd. |
Waltham |
MA |
$500,000 |
Second |
Markets a suite of field service management applications to Fortune 1000 companies. |
Bessemer Venture Partners |
| Salient Stills Inc. |
Boston |
MA |
$125,000 |
Follow-on |
New image processing technology and production. |
Applied Technology |
| Sente Inc. |
Acton |
MA |
$3,500,000 |
Follow-on |
EDA software tools for integrated circuit design. |
Alpine Technology Ventures, and others |
| ServiceSoft Corporation |
Natick |
MA |
$16,000,000 |
Mezzanine |
Software products that provide self-service support information directly to end users over the Internet and corporate Intranets. |
CIBC Partners, Financial Technology Ventures, Gemini Investors, Internet Capital, Sigma Partners, Sofinov |
| SHYM Technology Inc. |
Needham |
MA |
$7,800,000 |
Second |
Enterprise application security that integrates leading package applications with public key infrastructure services. |
Canaan Partners, North Bridge Venture Partners, Venrock Associates |
| SightPath Inc. (formerly Clearview Technologies) |
Waltham |
MA |
$8,000,000 |
Second |
Software platform for rich media services on IP networks. |
Greylock, Intel, Pilot House |
| Speechworks International Inc. |
Boston |
MA |
$6,000,000 |
Fourth & Beyond |
Provides conversational speech recognition technology and solutions for e-business applications. |
Atlas Venture, BankAmerica Ventures, Charles River Ventures, Intel, QuestMark Partners, Riggs Capital Partners, SAP America |
| SpotFire Inc. |
Cambridge |
MA |
$6,000,000 |
Second |
Enterprise-wide product decision support software for life and material sciences companies. |
Atlas Venture, InnovationsKapital, Sprout Group |
| Suppliermarket.com |
Waltham |
MA |
$6,500,000 |
First |
Developer of supply chain management tools. |
Battery Ventures L.P., Sequoia Capital |
| SupplyWorks Inc. |
Lexington |
MA |
$6,400,000 |
Second |
Internet-based solutions for streamlining corporate purchasing of goods and services. |
Atlas Venture, New Meadows Venture Partners, North Bridge Venture Partners |
| SynaPix Inc. |
Lowell |
MA |
$2,000,000 |
Bridge |
Computer based tools for the integrated production of recorded media with computer generated media. |
Bessemer Venture Partners, Highland Capital Partners, Sutter Hill Ventures |
| TLJ Enterprises Inc. |
Nashua |
NH |
$150,000 |
First |
Manufactures and markets proprietary software systems. |
Green Mountain Capital L.P. |
| Trellix Corp. |
Waltham |
MA |
$8,300,000 |
Third |
Desktop productivity applications that allow regular people to create, publish and enhance their own Websites. |
Accel Partners, Bessemer Venture Partners, Charles River Ventures, HarbourVest Partners LLC, Matrix Partners |
| Turbine Entertainment Software Corp. |
Westwood |
MA |
$4,530,000 |
Second |
Developer of massively multi-player Internet-based games and technology. |
StoneGate Partners LLC |
| Universal Learning Technology |
Peabody |
MA |
$14,575,000 |
Third |
E-commerce learning communities for professors and students in higher education. |
BancBoston Capital and Ventures, Boston Millennia Partners L.P., CMG @ Ventures, Kestrel Venture Management, MTDC |
| Vibrint Technologies Inc. |
Bedford |
MA |
$820,000 |
Bridge |
Digital video servers for the broadcast cable and telecommunications industries. |
Ascent Venture Partners |
| Webline Communications Corp. |
Burlington |
MA |
$10,100,000 |
Third |
Internet infrastructure software. |
Advanced Technology Ventures, Advent International Corp., Draper Fisher Jurvetson, Highland Capital Partners, Intel 64 Fund, ITV |
| Yantra Corporation |
Acton |
MA |
$15,000,000 |
Third |
E-business fulfillment and supply chain execution software. |
Boston Millennia Partners L.P., Charles River Ventures, Comdisco Venture Group, Draper International India LP, Hambrecht & Quist Venture Capital, OneLiberty Ventures, Rho Management |
| |
|
|
$312,800,000 |
|
Venture capital recipients in New England, by industry, canvassed as part of
the second-quarter 1999 Boston Globe/PricewaterhouseCoopers Money Tree Survey
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