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CrossWorlds Software  (Stock symbol: CWLD ) Acquired by IBM (2002 $ 129,000,000)

577 Airport Blvd #800
Burlingame, CA 94010
Website Company Summary Management Team

Business description: CrossWorlds Software develops Java enterprise software allowing firms to forge relationships with customers, suppliers and distributors, and automate the trading process between partners.
Customers include: AutodeskHPNortel NetworksSiemensUS West
Partners include: Aurum SoftwareBaanCompaqErnstAndYoungIBMIntelKanematsuMicrosoftOraclePeopleSoftSAP Labs U.S.;  JD Edwards

Rounds: 5
Capital raised: 60.6M
Ownership: Acquired by IBM (2002 $ 129,000,000)
Stock Symbol: CWLD
Angels/other VCs: Andrew K. Ludwick (Bay Networks)
Corporate investors: Intel Capital;  Kanamatsu;  Compaq

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Sector: Software
Year Founded: 1996
Headcount: 301-400 as of Sep 2002
Rounds: 5
Capital Raised: 60.6M
Ownership: Acquired by IBM (2002 $ 129,000,000)
Stock Symbol: CWLD