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Akimbi Systems  Acquired by VMware (2006 )

1400 Fashion Island Blvd. Suite 900
San Mateo, CA 94044
Website Company Summary Management Team

Outside board: (May no longer be on the board) Mitchell Kertzman (Hummer Wimblad Venture Partners) Nicolas El Baze (Partech Ventures)
Advisory board: Frank Bergandi (Actional Former President/CEO);  Frank Bergandi (Actional Former President/CEO);  Sam Cece (MarkLogic Chairman) Matthew A Ocko (Teneros CTO) Sandip Gupta (Ensim President/CEO) Eli Shapira (WebTrends Former CEO);  Brian Berliner (Sevin Rosen Funds Entrepreneur-in-Residence);  David Scholtz (Mercury VP Alliances)

Business description: Akimbi Systems is the Virtual Lab Automation technology, product and market share leader. Since 2002, Akimbi technology has been a mission-critical infrastructure component within some of the world’s most effective software development organizations. Over two dozen Global 2000 enterprises including Coldwater Creek, Experian, Intel, Juniper Networks, RSA Security, and Sara Lee Corporation have selected the Akimbi Slingshot™ Virtual Lab Automation System to power their Virtual Lab Automation initiatives. Headquartered in San Mateo, Calif.
Customers include: Cast Iron SystemsCastelleColdwater CreekEnsimExperianIntelJuniper NetworksMcKessonMimosa SystemsPGPPrinceton SoftechProgress SoftwareSara LeeSiemensSolidcore SystemsSymantecTenerosThycoticCentrify;  desktopstandard;  Maverick;  OHReBill;  RSA;  Scientific Technologies;  STC;  University of Waterloo;  Wonderware
Partners include: Mercury InteractiveMicrosoftVMware;  Networld ;  PlateSpin

Rounds: 2
Recent Fundings: Nov 2005   Jan 2005
Capital raised: 11.3M
Last Round: 8.0M
Ownership: Acquired by VMware (2006 )
Corporate investors: Stanford University

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Record updated: Aug 2006
Sector: Software
Year Founded: 2004
Rounds: 2
Recent Fundings: Nov 2005   Jan 2005
Capital Raised: 11.3M
Last Round: 8.0M
Ownership: Acquired by VMware (2006 )