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ACQUIRED COMPANY
 
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CTSpace  Acquired by SWORD Group (2007  amount undisclosed )

49 Stevenson Street #950
San Francisco, CA 94105
USA
(415)-882-1888
Website Company Summary Management Team
Board

Outside board: (May no longer be on the board) Nicolas El Baze (Partech Ventures) Mike Abramsky (Rogers New Media);  Bruce W Armstrong (KNOVA Software CEO) Andy Bechtolsheim (Partech Ventures);  Ken Fox (Internet Capital Group);  Marcelo A Gumucio (Gumucio &Burke)
Company

Business description: CTSpace is a collaboration company providing global solutions to manage documents, data and business processes to improve communications. We are the only truly global software as a service collaboration company with the resources to help organisations automate and streamline business processes between departments, offices, companies and countries - without purchasing costly hardware or software. CTSpace's solutions help companies, large and small, manage their corporate knowledge more effectively - improving worker decision-making and efficiency through automated business processes, secure collaboration and progress tracking within and across projects. Our solutions are used by asset owners and operators around the world to manage mission-critical global programs and projects. CTSpace's solutions and services help ensure that even the most complex projects, involving geographically dispersed teams of people and hundreds of document types, run smoothly.
Customers include: AmgenCharles SchwabDuke EnergyGEGeneral MotorsStanford UniversitySun MicrosystemsThe Gap;  Alcoa;  Alconbury Development;  Bechtel Group;  Blue Cross and Blue Shield;  Calpine Power Services;  Chicago BridgeAndIron;  EC Harris ;  Fluor Enterprises;  Great Wheel ;  Halliburton;  ICA Fluor Daniel;  Jacobs Engineering;  McDonald's Restaurants;  NanoSpheRx ;  Notting Hill Housing ;  Novo Nordisk Engineering;  Shell Oil US;  Shell Pipeline Company LP;  StoneAndWebster Asia;  The Chicago Transit Authority;  ThermalTech Engineering ;  University of Chicago;  Unocal;  Ziff-Davis
Partners include: ActuateBEA SystemsLotus SoftwareMicrosoftNetAppOraclePalmSun MicrosystemsVeritas TechnologiesVerity;  AccuWeather;  Cimmetry Systems;  CMD Group;  DigitalIsland;  E-Box;  Informative Graphics;  NTI CAD Center;  Puma
Capital

Rounds: 3
Recent Fundings: Dec 2006   Sep 2003
Capital raised: 105.3M
Last Round: 5.3M
Ownership: Acquired by SWORD Group (2007  amount undisclosed )
VCs include: Bay PartnersPartech VenturesRWI GroupTelos Venture PartnersWarburg Pincus;  GRP Partners Insight Venture PartnersInternet Capital Group;  Equity Capital Group;  Sal. Oppenheim jr.AndCie.
Angels/other VCs: Nicolas El Baze (Softway Systems)
Corporate investors: GE Capital;  Bechtel Enterprises;  Oracle Ventures;  Bank of America Equity Partners

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Overview
Record updated: Feb 2008
Sector: Software
Year Founded: 2001
Headcount: 101-150 as of Oct 2004
Rounds: 3
Recent Fundings: Dec 2006   Sep 2003
Capital Raised: 105.3M
Last Round: 5.3M
Ownership: Acquired by SWORD Group (2007  amount undisclosed )