Active Software Completes Second Round of Capital Financing; Investors Include KPCB Java Fund; Lehman Brothers; Robertson, Stephens, Partner Fund; Enterprise Partners; and Sierra Ventures.SAN FRANCISCO--(BUSINESS WIRE)--April 2, 1997--JAVA ONE--Active Software, the technology leader in message brokering software, today announced the completion of its second round of capital financing totaling $7 million. Active Software's second round includes additional investments from the company's first round partners -- Enterprise Partners, the Kleiner, Perkins Per·kins , Frances 1882-1965. American social reformer and public official. As U.S. secretary of labor (1933-1945) she was the first woman to hold a cabinet position. , Caufield and Byers Byers may refer to any of the following places:
"We are very pleased that our second round funding includes all of our original investors, plus additional funding from premier technology investors, Lehman Brothers and Robertson, Stephens and Co. partner fund -- firms which came in earlier than usual because they recognize the enormous potential of our technology," said Steven MacDonald, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Active Software. "The quality of our funding partners validates our leading technology, strong market strategy and overall growth potential." "The Java Fund was established to accelerate the development of tools and applications needed to realize Java's full potential," said Ted Schlein, managing partner of the KPCB Java Fund. "We believe Active Software's Java-based technology makes a significant contribution toward this goal by leveraging the power of Java to integrate enterprise information systems and the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the ." Active Software announced its first product, ActiveWeb, in July 1996. ActiveWeb is the first message brokering solution that not only connects, but integrates heterogeneous Not the same. Contrast with homogeneous. heterogeneous - Composed of unrelated parts, different in kind. Often used in the context of distributed systems that may be running different operating systems or network protocols (a heterogeneous network). computing computing - computer resources such as legacy and client/server systems, applications, databases, Web-enabled platforms, and Java-enabled browsers to exchange information across existing networks, corporate intranets, extranets, and the Internet. ActiveWeb has productized integration which for the first time -- enables the enterprise to integrate yesterday's technology with today's, and today's technology with tomorrow's without modifying existing applications. Active Software's customers include Autodesk, Calico Technology, Daiwa and the Department of Transportation. Active Software Active Software, founded in 1995, is a leading provider of message brokering solutions that solve complex application integration problems facing today's distributed enterprises. The company's products enable the enterprise to dramatically improve the efficiency and effectiveness of their distributed information systems and allow users to communicate with anyone, anywhere, anytime. Active Software's ActiveWeb is the first message brokering product that not only connects, but also integrates, heterogeneous computing resources such as legacy and client/server systems, applications, databases, Web-enabled platforms, and Java-enabled browsers. With ActiveWeb, customers can integrate yesterday's technology with today's, and today's technology with tomorrow's, without modifying existing applications. The company has its headquarters in Santa Clara Santa Clara, city, Cuba Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. , Calif. Telephone: (408) 988-0414. Fax: (408) 988-6607. World Wide Web: http:\\www.activesw.com . -0- Note to Editors: ActiveWeb is a trademark of Active Software. All other trademarks mentioned herein are the property of their respective owners. CONTACT: Patti Kunsman Active Software, Inc. 408/969-5659 patti@activesw.com or Sandy McBride Simon/McGarry Public Relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most 408/746-0911 smcbride@shandwick.com |
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