Bob Brauer Takes the Helm as President & CEO of StrikeIron; Richard Holcomb to become Chairman of the Board.RESEARCH TRIANGLE PARK Research Triangle Park, research, business, medical, and educational complex situated in central North Carolina. It has an area of 6,900 acres (2,795 hectares) and is 8 × 2 mi (13 × 3 km) in size. Named for the triangle formed by Duke Univ. , N.C. -- StrikeIron(TM) Inc., the worldwide leader of Web services (1) Loosely, any online service delivered over the Web. Such usage appears in articles from non-technical sources, but not in IT-oriented publications, because definition #2 below describes the correct use of the term. commercialization through the StrikeIron Web Services Business Network(TM) (WSBizNet WSBizNet Web Services Business Network (TM)), today announced that co-founder Bob Brauer will step into the role as 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. , replacing Richard Holcomb who moves into the position of Chairman of the Board. In his new role, Brauer will expand his current role as president to include that of CEO, and will now be directly responsible for the management, growth and success of StrikeIron's business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets . He will also oversee all of the company's day-to-day operations in addition to leading corporate strategic initiatives. Holcomb, also a co-founder of StrikeIron, will continue to play a strategic role in the future direction of the company as it continues its rapid growth in the Web services market. "As one of the founders of StrikeIron and with a proven track record of leading other companies to success, Bob is the perfect choice to take our company to the next level," said Holcomb. "I look forward to continuing to work with him as StrikeIron continues its rapid growth and expansion." "Bob has already made significant contributions to StrikeIron," stated Scott Albert, Managing General Partner of the Aurora Aurora, cities, United States Aurora (ərôr`ə, ô–). 1 City (1990 pop. 222,103), Adams and Arapahoe counties, N central Colo., a growing suburb on the east side of Denver; inc. 1903. Funds. "His experience and expertise will continue to take StrikeIron into a leadership position as Web services continue to make their impact on the IT industry." Holcomb and Brauer have both served as serial entrepreneurs Serial entrepreneur Business person that successfully starts (does not kill) a number of different businesses. for many years and have experienced significant success with a variety of companies. Prior to StrikeIron, Brauer was the founding chief executive officer of the DataFlux Corporation, an innovative database management software company launched in 1996, financed by the Aurora Funds and several private investors, and acquired by SAS Institute SAS Institute Inc., headquartered in Cary, North Carolina, USA, has been a major producer of software since it was founded in 1976 by Anthony Barr, James Goodnight, John Sall and Jane Helwig. in June of 2000. Prior to DataFlux, Brauer was a software engineer with Seer Technologies. Prior to co-founding StrikeIron in 2002 Holcomb served as the Interim CEO of GadgetSpace, a wireless technology company, and oversaw o·ver·saw v. Past tense of oversee. its successful acquisition by Inphonic in 2001. He was also a founder of HAHT Commerce in 1995, a major e-commerce e-commerce, commerce conducted over the Internet, most often via the World Wide Web. E-commerce can apply to purchases made through the Web or to business-to-business activities such as inventory transfers. application provider, and served as HAHT's first CEO and Chairman. Prior to HAHT, he was a founder of Q+E Software in 1986, a supplier of client-server database access technology, and served as that company's CEO, president, and chairman from inception to its acquisition by Intersolv in 1994. Holcomb is also an active venture investor in several technology companies. He also serves on the corporate boards of several public and private technology companies including Neon Systems, ChannelAdvisor, IITS IITS Information, Instruction, Training and Supervision (UK) IITS International Intradiscal Therapy Society IITS It's in the Script (TV/movie plot slang) IITS Internet-Intranet Transport Service , and Ultimus. "This is an exciting time to be a part of StrikeIron and the Web services industry in general," said Brauer. "With the recent launch of our Web Services Marketplace, we are experiencing significant momentum. As President & CEO, I intend to see that the momentum continues to grow." About StrikeIron Based in Research Triangle Park, NC, StrikeIron, Inc. is the leader in Web services commercialization with its breakthrough StrikeIron Web Services Business Network(TM) (WSBizNet(TM)). WSBizNet includes the premier StrikeIron Web Services Marketplace(TM) as the central ecommerce location for anyone to easily buy and sell Web services. The StrikeIron Web Services Marketplace provides the most reliable and trusted commercial Web services available in the market across the broadest spectrum of business needs. The Aurora Funds, Inc. and NC IDEA provided funding for StrikeIron after recognizing the significant opportunity presented by Web services and this unique management team. For more information, visit www.strikeiron.com. About The Aurora Funds Founded in 1994, The Aurora Funds is a venture capital firm that provides capital and strategic help to entrepreneurs with early stage life sciences and information technology companies in the Southeastern and mid-Atlantic United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The firm has more than $200 million of total capital under management and is currently investing out of its fifth fund. The firm has the capacity to invest between $4 million to $8 million throughout the life cycle of an investment. More information is available at www.aurorafunds.com. About NC IDEA NC IDEA provides grants, loans and traditional venture capital to help young companies between seed funding Seed funding is investing capital to begin a new project, so that it has enough funds to sustain itself for a period of development until it reaches either a state where it is able to continue funding itself, or has created something in value so that it is worthy of future rounds and Series A financing. NC IDEA further supports these companies by leveraging its strong, strategic partnerships and alliances to help the companies through research phases, business challenges and growth goals. NC IDEA is committed to supporting North Carolina's economic development by ensuring young, innovative companies grow, create jobs and become contributing business leaders. For more information, visit www.ncidea.org or contact David Rizzo, President and CEO, at 919-941-5600 x101 or drizzo@ncidea.org. StrikeIron, Web Services Business Network, WSBizNet, StrikeIron Web Services Marketplace, StrikeIron Marketplace Powered, and Web Services Marketplace, are trademarks of StrikeIron, Inc. All other brands or product names are the property of their respective holders. |
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