Where are they now?
The 10 companies that made Network World's 10 start-ups to watch list for 2000 all continue to operate successfully.
Company Market Funding status Highlights of the last 12 months
2nd Century Communications
Arlington, Va;
Managed services Raised $75 million in fourth-round funding, bringing total to $155 million. Now concentrates on managed applications, e-commerce and voice services for small and midsize businesses in Atlanta, Houston, Miami and Tampa; rolled out OfficeXpress, an outsourced desktop management service.
Adero
Boston;
www.adero.com
Content delivery services Raised $72 million in third-round funding, bringing total to $105 million. Partnered with Inktomi and AOL to form Content Bridge, expanded the GlobalWise content distribution service to enable carriers, ISPs and Web hosts to enter content distribution market, partnered with resellers in Asia/Pacific, Europe and Israel.
Bowstreet
Portsmouth, N.H.; www.bowstreet.com
Business-to-business e-commerce Raised $112.4 million in third- and fourth-round funding, bringing total to $140 million. Signed on key Fortune 500 customers, including insurers CNA and MetLife; formed a strategic alliance with Sun to integrate technologies and services; released Business Web Factory (formerly Web Automation Factory) Version 3.0, a compilation of commonly used XML components including wireless device support; rounded out executive team.
Loudcloud
Sunnyvale, Calif.; www.loudcloud.com
Outsourced Web operations Listed on the Nasdaq March 8; reported $15.5 million in revenue for fiscal year, ended Jan. 31, 2001, and a pro-forma net loss of $94.7 million.
Increased customer base from seven to 42, including Blockbuster, Britannica.com, Fannie Mae, Ford and Nike; forged strategic partnerships with Accenture, AOL and Oracle; rolled out Version 2 of its Opsware automation technology and new Opsware modules for performance-monitoring, user authentication server clustering; expanded into Europe with offices in London, Paris and Munich.
Network ICE
San Mateo, Calif.; www.networkice.com
Security Financials undisclosed, but company says it's remained cash-flow positive for the past five quarters. Signed on more than 250 corporate customers and shipped 250,000 copies of BlackICE Defender; partnered with Nortel Networks on VPN security; updated existing BlackICE and ICEcap intrusion-detection software with major releases; pushed into enterprise server security with Gigabit BlackICE Sentry, BlackICE Guard and a Solaris server agent.
ePeople (formerly NoWonder)
Sunnyvale, Calif.; www.epeople.com
Online technical service and support No investment funding since January 2000;does not expect to require additional funding to maintain operations. Evolved from tech support site for consumers to an online marketplace of IT support and services; increased its network of service providers to more than 20,000; created several co-branded support sites.
Quantum Bridge Communications
North Andover, Mass.; www.quantumbridge.com
Optical networking Filed registration for IPO in December, underwritten by Morgan Stanley Dean Witter, but has not released pricing, share volume or date. Prior to the IPO registration, it received $102 million in third-round funding, bringing total to $124 million. Inked first two contracts; updated the QB5000 Optical Access Switch with full ATM switching, an OC-3 interface and an ATM/TDM gateway; forged strategic partnerships with a number of ATM integrated access device andbroadband services equipment vendors, as well as an outside plant components and fiber vendor.
RiverSoft
San Francisco; www.riversoft.com
Systems and network management Listed on the London Stock Exchange on Dec. 1; reported revenue of $7.4 million for fiscal year 2000. Brought on at least 42 new customers, including Sun, British Airways, Deutsche Bank and Level 3 Communications; inked a deal through which Hewlett-Packard will integrate the Network Management Operating System (previously called i3 philOSopy) into the next OpenView release; partnered with Cisco for integration of NMOS and the Fault Manager application into future mobile wireless products; signed Intel as a reseller; expanded its Alliance Program with partners such as Predictive Systems, Cap Gemini and Callisma; joined the TeleManagement Forum,a global consortium of service providers and suppliers.
SilverBack Technologies Billerica, Mass.; www.silverbacktech.com Hosted network management services Received approximately $18.5 million in second-round funding, bringing total Signed 25 subscribers to test or use its InfoCare network management application service; forged technology partnerships with companies such as BindView and RSA Security; named new CEO - Dan Phillips, formerly executive vice president and COO at Concord Communications; expanded InfoCare to support Solaris, Windows NT and more applications, such as e-mail, FTP and HTTP monitoring.
Top Layer Networks
Westborough, Mass.; www.toplayer.com
Enterprise switching Raised $25.7 million in fourth-round funding, bringing total to $57.5 million. Increased number of customers from 10 to 195, including Hewlett-Packard, EDS, University of Texas and NASA; forged alliances with security vendors, including Internet Security Systems and VeriSign; upgraded AppSwitch product line with 3500 series, featuring distributed denial-of-service attack defenses and other advanced functionality.