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Fortel  (Stock symbol: FRTL.PK ) Acquired by SightLine Systems (2003)

46832 Lakeview Blvd
Fremont, CA 94538
Website Company Summary Management Team

Outside board: (May no longer be on the board) Susan Dickerson (Phoenix Technologies);  Tsvi Gal (AT&;  Bill Lonergan (Oxford Partners) John Loomi (The CTO Group);  Jack MelchorJack Noonan (SPSS CEO) William Regitz (Intel);  James Riley (MK Global Ventures);  Edward F. Thompson (Fujitsu subsidiary)

Business description: FORTEL provides the first real-time performance management solution that assures business end-to-end service-level goals. FORTEL’s SightLine suite is based on analysis and correlation software that has been applied and tuned for more than 15 years in the systems management performance arena by customers in finance and banking, defense management, manufacturing, retail services and government. FORTEL counts among its customers many of the world’s largest and most well known organizations and enterprises.
Customers include: GEIBMSiemens;  Etec
Partners include: HPIBMUnisys;  Fujitsu-Siemens;  InterSystems;  MSG;  Stratus

Rounds: 1
Capital raised: .5M
Ownership: Acquired by SightLine Systems (2003)
Stock Symbol: FRTL.PK
Angels/other VCs: Jack Melchor
Corporate investors: Intel Capital

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Last Mentions

Record updated: Dec 2002
Sector: Software
Year Founded: 1979
Headcount: 51-75 as of Jan 1999
Rounds: 1
Capital Raised: .5M
Ownership: Acquired by SightLine Systems (2003)
Stock Symbol: FRTL.PK