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| Start-up
stats Here's an at-a-glance look at the 10 start-ups Network World has chosen to watch closely in 2001. |
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| Company | Origin | Funding | Key investors | CEO | Products or services |
| Access360 Irvine, Calif.; www.access360.com |
Founded in January 1999 by Jeff Drake, former CEO of Technologic Software, and Yuri Pikover, a co-founder and former executive vice president of Xylan. | $69 million in three rounds. | Amerindo Investment Advisors, Crosspoint Venture Partners, Oracle, Pivotal Asset Management and VeriSign. | Yuri Pikover | enRole, client/server software that controls access rights, passwords and resource provisioning for diverse systems and applications. |
| Arbor Networks Waltham, Mass.; www.arbornetworks.com |
Founded in August 2000 by University of Michigan researchers Farnam Jahanian and G. Robert Malan. | $11 million in one round. | Battery Ventures and Cisco. | None. | Managed availability services for ISPs and companies looking to combat distributed denial-of-service attacks. |
| Asera Belmont, Calif.; www.asera.com |
Founded in October 1998 by Vinod Khosla, general partner at Kleiner Perkins Caufield & Byers, with former Oracle executives Chin Hong, Kenneth Ng and Anil Nori. | $175 million in three rounds. | Bowman Capital, Cisco, General Electric, Intel, KPCB, Nortel and SAP. | Warren Weiss, president and CEO, formerly president and CEO of Prism Solutions. | A hosted software application that supports e-business transactions and integrates with existing e-commerce and back-office applications. |
| Cereva Networks Marlborough, Mass.; www.cereva.com |
Founded in April 1998 by Raju Bopardikar, founder of Stone+Wire, a movie post-production company specializing in high-end graphics processing. | $106.4 million in four rounds. | Comdisco, Intel, Global Crossing, Goldman Sachs, Matrix Partners, North Bridge Venture Partners, Oak Investment Partners, Sumitomo and Worldview Technology Partners. | Alan Lutz, formerly president of Newbridge Networks. | An as-yet-unnamed Internet-based storage system that combines high-speed networking and massively parallel computing. |
| CoreExpress St. Louis and Herndon, Va.; www.coreexpress.com |
Founded in August 1999 by Michael Gaddis, former CTO of Web hosting firm SAVVIS Communications. | $573 million debt and equity funding in an undisclosed number of rounds. | Benchmark Capital, Cisco, Hewlett-Packard, Morgan Stanley, Nortel Networks and Sycamore Networks. | Michael Gaddis, CEO. | CoreExpress Extranet, a VPN service that offers performance guarantees across multiple ISPs. |
| Ecora Portsmouth, N.H.; www.ecora.com |
Founded in May 1999 by Alex Bakman and Bill Cronin,founders of CleverSoft, a Candle acquisition that sold monitoring software for Lotus Notes. | $13 million in three rounds. | Eckhard Pfeiffer, former Compaq CEO, and Bob Palmer, former Digital CEO. | Alex Bakman | Software that generates comprehensive documentation for network infrastructure components and applications. |
| GiantLoop Network Waltham, Mass.; www.giantloop.com |
Founded in April 2000 by former EMC executives Harry Dickson, Mark Ward, Randy Seidl and Chris Riley. | $160 million in three rounds. | 360networks, Cabletron, CNT, Greylock Ventures, Nortel, Pilot House Ventures and Sycamore Networks. | Mark Ward | Managed optical network services - Agility Professional Services and Enterprise Optical Networking Services - available in six U.S. cities and London. |
| Groove Networks Beverly, Mass.; www.groovenetworks.com |
Founded in October 1997 by Lotus Notes inventor Ray Ozzie and three other Notes developers. | $60 million in three rounds. | Accel Partners, Intel and former Lotus chief Mitch Kapor. | Ray Ozzie | Groove Transceiver, a peer-to-peer software platform for collaborative business applications. |
| Procket Networks Milpitas, Calif.; www.procket.com |
Founded in March 1999 by Tony Li, a founder of Juniper Networks, and Sharad Mehrotra and William Lynch, two former Sun processor architects. | $34 million in two rounds. | Institutional Venture Partners, New Enterprise Associates, Redpoint Ventures and U.S. Venture Partners. | Randall Kruep | Undisclosed Internet infrastructure products. |
| Surgient Networks Austin, Texas; www.surgient.com |
Founded in December 1999 by Scott Johnson, co-founder and former CTO of Compaq acquisition Thomas Conrad. | $67 million in two rounds. | Austin Ventures, Cisco, Comdisco, Enron Broadband Services and individual investors such as Sun co-founder Bill Joy, Compaq co-founder Rod Canion, AOL co-founder Mark Seriff, Dell Ventures Manager Director Tom Meredith and former FCC Chairman Reed Hundt. | Nagi Rao, CEO, formerly president and CEO of Telecom Technologies. | A network platform that can provide differentiated levels of service for Internet applications ranging from content delivery to streaming media and storage. |