CONFERENCES

Software 2005: Funding Forum

Software 2005

Innovation is still alive and well in the software industry. Sand Hill Group’s call for promising companies to participate in the Funding Forum received dozens of worthy responses. After scrutinizing the entrants, the sixteen emerging companies and two non-profits below were chosen to present their business plan to investors at Software 2005. Watch these entrepreneurs describe their diverse range of ideas and solutions in Great America #3.

 


Tuesday, April 26, 2005: 10:45am – 12:15pm

Cenzic
Cenzic is a leading provider of breakthrough enterprise software and services for automated application security assessment of enterprise web applications. Using a Stateful Assessment™ approach, Cenzic Hailstorm® is able to provide highly accurate results in an automated and cost effective way that normally could be obtained only through manual assessment by security consultants.

Cenzic Hailstorm uses a patent-pending technology and comes with a pre-crafted Attack Objects Library. This comprehensive library, which is updated on a regular basis for new vulnerabilities, allows enterprises to discover, analyze, and resolve security vulnerabilities in web applications Cenzic is funded by top-tier investors including Mohr Davidow Ventures, JK&B Capital, Hummer Winblad, and Symantec Corporation.
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Commendo Software
Commendo is a software company that fuels businesses by putting the power of information in the hands of users. Launched on March 28th with coverage from InfoWorld and Network World Fusion in addition to other publications, Commendo’s innovative device-side software delivers unprecedented information processing flexibility for executives, sales and operations professionals. Our multi-threaded micro server technology, that runs behind the PC firewall, helps companies reduce information processing cycles and solve data center scale issues to maximize the overall value of information for decision makers - whether in the office or on the go.
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Intelesoft Technologies
Intelesoft Technologies is a global enterprise software products company based in Portland, Oregon. Our portfolio of web based Human Capital Management products consists of goal-driven performance management, competency management, succession and leadership planning and learning management. Our workforce analytics module offers advanced search, navigation, visualization, dashboard and drill down capabilities. Our target market is companies with 500 or more employees. A highly competitive business environment, geographically dispersed workforce, fast changing business priorities, and an increasingly complex regulatory environment are driving the need for our technology and solutions.
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Pantero
Pantero provides breakthrough technology to deliver valid business data in SOA projects. Pantero’s software is the first integration solution to go beyond managing the format integrity of data to address the far costlier challenge of managing the business validity and integrity of data in loosely-coupled application integrations. By automating the validation of integrated data, enterprises can reduce the cost, time and complexity of integrating systems by over 40%.

Unlike most integration approaches where hand coding must be executed to achieve business integrity, Pantero’s unique metadata-driven Exchange Model™ technology manages both the format integrity and the business integrity of data, replacing hand code with reuse and automation.
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Tomo Software
Tomo Software, incorporated in 2003 and backed by $3MM in angel investment, is focused on utilizing superior technological talent and creativity to enhance the mobile experience by leveraging social networks and promoting community and collaboration through innovative mobile applications, games, and platforms. Tomo utilizes enterprise-class server-based computing and compelling mobile design to create community-based mobile solutions for brand partners, fill demand for casual, community-based mobile entertainment, and create technologies to extend the social experience of mobile phones. The company aims to emerge as the trusted and desirable provider of intelligent, intuitive, community-based applications and technologies for mobile connected devices.
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Transera Communications
Transera provides innovative call center software that enables multiple enterprises to collaborate in providing customer care across organizational and technological boundaries. This approach allows enterprises and outsourcers to leverage global resources more effectively, improve customer satisfaction and achieve the visibility, control and quality management they need over global call center operations. Transera dynamically identifies, queues and distributes phone calls from any originating network and to any terminating network. Concurrently, it matches the caller’s profile and need with available agents regardless of geography or call center technology. Enterprises and outsourcers are empowered with a global view into their multi-enterprise call center operations.
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Room To Read
Room to Read seeks to intervene early in the lives of children and help provide them with an education and the lifelong gift of literacy. Since its inception in 2000, Room to Read has impacted the lives of 500,000 children by building 110 schools and and establishing 1,475 libraries.
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Tuesday, April 26, 2005: 4:00pm – 5:00pm

Adaptive Planning
Adaptive Planning provides the first budgeting, forecasting, and reporting solution for mid-market companies sold as an affordable, easy to deploy hosted solution. 70% of businesses manage their planning process via “spreadsheet hell”, resulting in serious risks such as erroneous forecasts, poor collaboration, and slow response to changing business conditions. Until Adaptive Planning, the alternative to spreadsheet planning was a complex, expensive, and difficult to deploy enterprise application. Since its product release in November, 2004, Adaptive Planning has sold to over 25 publicly and privately held customers that range in size from 25 to 1,500 employees, span multiple industries, and stretch from California to the East Coast. Adaptive Planning was founded in 2003, raised a Series A from ONSET Ventures, and is raising a Series B financing.
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Elemental Security
Elemental Security is a pioneer in the Security Compliance Management market. Elemental’s products address enterprises’ need to centrally manage the security compliance of all computers in their environment. Elemental provides unified visibility and control to manage dynamic computing environments, enabling enterprises to satisfy compliance requirements and measurably improve their security. Founded in December 2002, Elemental is a privately held company backed by Bessemer Venture Partners, Mayfield and Sequoia Capital. The company is headquartered in San Mateo, Calif., and has regional offices throughout the U.S.
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Intellext
Intelligence in Context. This statement forges the foundation of Intellext, a visionary company that takes information retrieval out of the search box. We have a vision - that wherever you are; whatever you are doing – indeed whatever you are thinking – your computer should be bringing relevant information to you. Intellext is delivering on this vision with Watson, the company’s flagship product that transcends the boundaries of contemporary search and information access. Watson removes the burden of search from the shoulders of computer users. By reading and understanding what people are working on and using that knowledge to proactively find and deliver useful information to the user, Watson is able to find information the user didn’t know existed – in places they otherwise might not have looked. Visit www.intellext.com for more information.
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BUILD
Businesses United in Investing, Lending and Development ("BUILD") is a social venture, chartered in September 1999, which bridges the divide between youth in East Palo Alto and Eastern Menlo Park and the business and intellectual resources of Silicon Valley. BUILD empowers youth from low-income communities to excel in the classroom, on the job, and beyond by giving them an education in entrepreneurship. By encouraging students to develop their own small businesses, BUILD extends traditional entrepreneurial education far beyond the classroom and provides students with real-world business experiences. Intensive involvement of local business and community leaders in mentoring and support of the students, and an operating youth incubator are central and distinctive components of the program.
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Wednesday, April 27, 2005: 10:45am – 12:15pm

Greeneye
Green Eye seeks sales and marketing expansion capital for its on demand trading platform serving the fastest growing segment of the world’s largest market.

The platform is fully developed by a seasoned team with 25 years experience. It is about to go into production with several major clients and is poised to expand beyond the initial FX beachhead. New sales are targeted at retail brokers and fund managers looking for easy access to the explosive growth in the recently deregulated currency markets.

Green Eye has succeeded in partnering, not competing, with all market participants, and its unique “Visual Trading” and “portal marketing” deliver its customers more profit with less risk.
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N8 Systems
N8’s products significantly improve the probabilities for success in systems and business process development. N8 Scenario™ bridges the communications gap between business and IT, where most development disasters originate, by automatically transforming business English into process maps. These maps become an effective medium of communication between business and IT.

This real-time capability to “see what you said” surfaces omissions and ambiguities in the description. Deficiencies can then be readily recognized, and easily corrected, leading rapidly to clear, consistent and complete process descriptions.

N8 plans a family of products based on the object model its technology produces from English text.
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Research4
Research4 is the owner of www.g2bay.com based in Los Altos, California. G2Bay is an Information Exchange platform for the consumer market. The first module of G2Bay is targeted at the Online Recruitment industry. For the first time, job seekers can make money selling their resumes to employers, thereby becoming an integral part of the multi billion-dollar industry. Employers can save tens of thousands of dollars since now they can buy resumes on a pay-per-view basis. They can post unlimited job openings for free and can also do unlimited database searches for free. Most importantly, employers can create tremendous amount of goodwill by paying potential employees before they get a job….whether or not they get a job. G2bay has identified 20 such modules which are under development.
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Sapphire Infotech
Sapphire InfoTech provides a unique industry-specific Test Automation Product and Servicing Suite for Telecom and Networking industries. TestSmart (patent-pending) software frees up valuable time and investments from the industry's eco-system empowering the Service Providers, Equipment Vendors, and emerging Solution Providers to generate revenue streams with their new innovative products/services.

Self-funded by industry veterans, this 4-year old profitable company has gained rapid traction with Fortune 500 customer installations. Initial solutions address VoIP, DVIP, and Wireless segments. Immense opportunities also exist to capture the Automobile and Entertainment industries. The company is looking for funding for business development, product extensions, and service infrastructure for leadership position in this growing multi-billion dollar market opportunity.
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ScheduleSource
ScheduleSource delivers powerful workforce management systems to over 300 corporations, medical organizations, call centers, universities and others who require superb web-centric employee scheduling and time/attendance systems for their work teams.

Scheduling, forecasting/optimization, schedule bidding, shift swapping, a rich capability for schedule change management, and a complete rules based time and attendance system over the web provide incredible productivity boosts to firms such as jetBlue Airlines and 24 Hour Fitness, among many others. Almost 50 million work shifts have been scheduled with ScheduleSource since 1999.

ScheduleSource TeamWork is provided either as a subscription priced service over the web, as a licensed/hosted solution or as a licensed/installed system.
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Social Text
Socialtext is the leading provider of Enterprise Social Software -- the quickest way to get everyone on the same page for projects, intranet and extranet collaboration. Over 100 organizations and 20 Global 1000 Enterprises including use Socialtext to accelerate project cycles, build group memory and foster innovation. Enterprise strength and wiki simple solutions are available with open source, hosted service and appliance options. Socialtext is funded by Omidyar Network and prominent Silicon Valley Angels.
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SQA Technologies
SQA Technologies has developed an innovative suite of software products for the multi-billion dollar Software Quality Assurance (SQA) automation, infrastructure & tools market. The company's goal is to deliver next-generation technologies that enable mid-to-large software development teams across the globe increase their competitiveness by improving product quality, lowering development & testing costs and accelerating time-to-market for new product releases. SQA Technologies, founded in January 2004, recently began deploying pilots at leading enterprise and ITES companies, raised seed funding from Trilogy Inc. of Austin, Texas and has attracted a high quality 15-member team based entirely in Bangalore, India.
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