Optical Ethernet Start-up Atrica Adds Former CheckPoint CFO to Executive Management Team.Business Editors SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--Nov. 7, 2000 Atrica Inc., a new company that aims to be the leading provider of Optical Ethernet equipment for the $15 billion Metro networking market, today announced the addition of Hagi Schwartz, a former CFO See Chief Financial Officer. for CheckPoint Software, to its management team. Schwartz joins Atrica as Vice President of Finance and Chief Financial Officer. Schwartz brings more than ten years of experience in financial administration, control and reporting to Atrica, having held the CFO position for a number of high technology companies, including both start-ups and larger, publicly-held organizations. Prior to joining Atrica, Schwartz was the CFO and Senior Vice President of Finance at Noosh, a provider of Internet-based, business-to-business collaboration services that focuses on the needs of the enterprise communications supply chain. Before Noosh, he spent four years as the CFO for CheckPoint Software Technologies, Ltd., a leading provider of secure enterprise networking The networking infrastructure in a large enterprise with multiple computer systems and networks of different types is extraordinarily complex. Due to the myriad of interfaces that are required, much of what goes on has little to do with the real data processing of the payroll and orders. solutions, where he was responsible for two successful public offerings. Schwartz has also held CFO and controller positions for Mercury Interactive For another company with a similar name, see Mercury Computer Systems. HP Mercury (formerly Mercury Interactive) is a subsidiary of Hewlett-Packard that is a market leader in automated software quality assurance and offers products in other areas such as diagnostics, and Lannet Data Communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. . "Hagi Schwartz rounds out the experienced team we have put together in sales, marketing, business development and engineering, and will help us reach the next stage in the company's evolution," commented Avinoam Rubinstain, 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 Atrica. "We are pleased to have someone with Hagi's expertise on board." "Atrica has a compelling vision for revolutionizing the Metro market, combined with a veteran management team, top-notch investors and influential service provider partners," said Schwartz. Atrica's mission is to deliver the most cost-effective, high-performance Optical Ethernet platforms to the forward-thinking service providers who are building next-generation Metro networks. Atrica is a privately-held company based in San Jose, Calif., with R&D facilities in Israel, and business development and sales offices in Paris. The company received initial seed funding from 3Com Corporation and a first round of financing led by prominent Silicon Valley venture capital firms Name Location Founding date Managing Partners/Directors Specialty Capital managed 5AM Ventures Menlo Park, CA; Waltham, MA 2002 John Diekman, PhD (managing partner), Scott Rocklage, PhD (managing partner), Andrew Schwab (managing partner) life sciences $200M [1] Accel Partners and Benchmark Capital. For more information, visit Atrica on the Web at www.atrica.com. |
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