Printer Friendly
The Free Library
5,670,445 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Aduva Receives a $4.0 Million Investment From Elwin Capital Partners.


Business Editors

SUNNYVALE, Calif.--(BUSINESS WIRE)--Aug. 19, 2002

Leading European European

emanating from or pertaining to Europe.


European bat lyssavirus
see lyssavirus.

European beech tree
fagussylvaticus.

European blastomycosis
see cryptococcosis.
 venture capital fund joins the most recent

financing round initiated by BMC Software BMC Software, Inc. NYSE: BMC, is an American enterprise management software provider, focusing on IT infrastructure applications. BMC was founded in 1980 and is headquartered in Houston, Texas.  and the Intel 64 Fund

Aduva, Inc. ("Aduva" or "the Company"), an enterprise systems management developer and marketer specializing in Linux systems, today announced that Elwin Capital Partners ("ECP (Enhanced Capabilities Port) See IEEE 1284.

1. ECP - Engineering Change Proposal.
2. ECP - Enhanced Capabilities Port.
3. ECP - Extended Capabilities Port.
4. ECP - Extended Concurrent Prolog.
") has invested $4.0 million in the Company. This investment is part of an $18.0 million Series C financing round initiated earlier this year by BMC Software, Inc. and the Intel 64 Fund, with participation from the Company's previous investors, Evergreen evergreen, term commonly used as synonymous with conifer and applied also to all those broad-leaved plants that bear green leaves throughout the year. Of the latter, most are plants of the tropics, subtropics, and other areas where the growing season is prolonged (e. , Cap Ventures and The Capital Group.

Aduva is an international provider of provisioning and configuration management software that significantly reduces support costs and maximizes the reliability of Linux systems. Linux is a free, open source operating system operating system (OS)

Software that controls the operation of a computer, directs the input and output of data, keeps track of files, and controls the processing of computer programs.
, but it can be costly and complicated to operate. Backed by the industry's most extensive automated au·to·mate  
v. au·to·mat·ed, au·to·mat·ing, au·to·mates

v.tr.
1. To convert to automatic operation: automate a factory.

2.
 Linux certification This article or section is written like a personal reflection or and may require .
Please [ improve this article] by rewriting this article or section in an .
 laboratory, Aduva's software solutions facilitate transparent remote deployment and management of thousands of dissimilar Linux systems from a central location.

"We are delighted to have secured funding from Elwin Capital Partners, as we view their assistance and insight as important for the future success of Aduva," said Azi Cohen cohen
 or kohen

(Hebrew: “priest”) Jewish priest descended from Zadok (a descendant of Aaron), priest at the First Temple of Jerusalem. The biblical priesthood was hereditary and male.
, Aduva's Chief Executive Officer. "We are particularly eager to leverage their expertise in expanding into the European marketplace."

"Aduva has developed a unique technology that is crucial to accelerating the adoption of Linux as a mission-critical platform in the enterprise," said Eli Muraidekh, General Partner at ECP. "We are already seeing significant demand for Aduva's solutions among technology providers today, and we anticipate a rapid acceleration in business activity in the coming months."

Aduva has also announced that Eli Muraidekh of ECP has been appointed to the Company's Board of Directors.

About Aduva

Aduva is the leader in network-based, automated system management solutions. Aduva reduces the time and effort required in successfully maintaining and supporting complex Linux installations for enterprise users and Linux support organizations. Aduva possesses the industry's most complete body of knowledge about Linux component information and has developed an extremely effective methodology for deploying that knowledge. Aduva helps customers maximize system reliability and reduce costs. For more information about Aduva's Linux management solutions, visit its web site at http://www.aduva.com.

About Elwin Capital Partners

Elwin Capital Partners (www.elwincapital.com) is a leading venture capital firm focused on providing value-added expertise to outstanding technology-related companies in Europe. ECP invests in companies developing breakthrough technologies for the telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. , semiconductor, software and wireless sectors. ECP's Partners have extensive investing and operating experience in all of the major European markets. Based in London, ECP has a strong network of affiliations with leading organizations and thought leaders, which provide support to its portfolio companies on a pan-European basis. ECP works with outstanding and experienced management teams to support the rapid development of their companies into world-class organizations.

Corporate Headquarters Research and Development Center Aduva Inc. Aduva Inc. 1290 Oakmead Parkway, Suite 230 33 Bezalel Street Sunnyvale, California Sunnyvale ([sʌniveil]) is a city in Santa Clara County, California, United States. It is one of the major cities that make up the Silicon Valley. As of the 2000 census, the city population was 131,760.  94085

Ramat-Gan, Israel 52521 Main: 408 991-9844

Telephone: +972 3 753-4300 Fax: 408 991-9849

Fax: +972 3 753-4343
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Comment:Aduva Receives a $4.0 Million Investment From Elwin Capital Partners.
Publication:Business Wire
Geographic Code:7ISRA
Date:Aug 19, 2002
Words:515
Previous Article:The Bank of New York, Chicago Mercantile Exchange Introduce New Collateral Management Program to Help Members Meet Margin Requirements.
Next Article:Wolf Popper Updates Information On Securities Fraud Class Action Against Cryolife.



Related Articles
Venture capitalists sink $13 million into L.A. firms. (Small Business Quarterly)
congruency Receives Over $10 Million in New Financing; Company Also Appoints Board Members.
LLCs: the tax tail wagging the investor. (LLCs & LLPs).
Aduva Receives 14 Million Dollar Investment to Drive Linux Market Expansion; Investment Underlines Necessity of Cost-Effective Systems Management for...
LINUX SOFTWARE MANAGEMENT SOLUTIONS IS MOVING INTO THE ENTERPRISE.(according to Aberdeen Group)
Ruling expected on suit over DVD Express merger.(Up Front)
Linux Manageability Just Became More Manageable.
OpsTechnology opts for funding.(Technology Update)(Brief Article)
Leverage the Benefits of Linux across All of Your IBM eServer Platforms; Manage and Move Linux Applications Across zSeries, OPEN POWER, and xSeries...
Funds fuel Intechra's national expansion strategy.(ELECTRONICS RECYCLING)(Intechra Holding Corp.)(Brief Article)

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles