Business Layers Closes $11 Million Second Round Of Financing To Develop Directory-Based eProvisioning Solutions.Business Editors/Technology Writers UPPER SADDLE RIVER Saddle River may refer to:
Business Layers, a provider of directory-based software solutions, today completed a $11 million round of financing with new and current investors. The new investors include: Canaan Partners, Novell Inc. (Nasdaq:NOVL NOVL Novell, Inc. (stock abbreviation, AMEX) ), Garage.com, Gemini Capital, and Check Point Software (Nasdaq:CHKP CHKP Check Point Software Technologies Ltd. (stock abbreviation, AMEX) ) co-founder, Shlomo Kramer. "Business Layers is a first mover in the emerging directory-based applications market," said Jim Furnivall, General Partner of Canaan Partners. "As an organization's IT resources and services increasingly become critical success factors, eProvisionware solutions become strategic Internet business enablers. We are excited to be a part of this opportunity." Guy Kawasaki Guy Kawasaki (born 1954), one of the original Apple employees responsible for marketing of the Macintosh in 1984, is a Silicon Valley venture capitalist. He is noted for bringing the concept of evangelism to the high-tech business, focusing on creating passionate user-advocates for , Chairman 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 Garage.com said, "eProvisioning, that is, leveraging the power of directory technology to align IT with the business is a concept whose time has come. Business Layers is uniquely positioned it to take the directory-based application market by storm." "We welcome our new value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. investors, who are partnering with us to pursue the emerging market of directory-based applications. This round of financing will fuel our growth plans," said Izhar Shay shay n. Informal A chaise. [Back-formation from chaise (taken as pl. )] Noun 1. , president and CEO of Business Layers. "There is a tremendous need for eProvisioning solutions at e-Business companies and we are determined to take the leadership position in this nascent market." With Business Layers' eProvisionware(TM) solutions, business managers register organizational changes that affect people, like hiring new employees or engaging new business partners. eProvisionware translates the IT implications of these changes. It then accesses the organization's entire infrastructure to drive the allocation of IT resources and services, like computers, telephones, applications, network access, passwords, and many more. The initial release of eProvisionware addresses the business challenge of handling employee change management effectively, by streamlining and automating the provisioning of digital resources associated with employee changes. By connecting "business to IT" through "eProvisioning(TM)", e-Business organizations can react more quickly to business challenges while improving overall productivity and gaining a significant competitive edge. About Business Layers Business Layers is developing a breakthrough class of directory-based applications that translate how business changes impact an organization's digital infrastructure, and automatically provision digital services and resources. eProvisionware solutions cover a wide range of business driven IT activities over corporate intranets and across extranets. Business Layers is headquarted in Upper Saddle River, New Jersey Upper Saddle River is a Borough in Bergen County, New Jersey, United States. As of the United States 2000 Census, the borough population was 7,741. It is not to be confused with the neighboring borough of Saddle River. and has engineering facilities in Ra'anana, Israel. Business Layers' eProvisionware was recently granted the "Category Breaker" award for Applications by Network World magazine. A beta release See beta version. of the product is available now. For the latest information on Business Layers' innovative technologies and products, visit the company's Web site at http://www.businesslayers.com. |
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