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Alventive  Acquired by BlueSky Solutions (2004)

2790 Walsh Avenue
Santa Clara, CA 95051
Website Company Summary Management Team

Outside board: (May no longer be on the board) Steven P. Bird (Focus Ventures) Don Fedderson (CRV);  Robert C. Kagle (Benchmark) Mahesh Krishnamurthy (Idanta Partners);  Doug Smith (Chase Hambrecht & Quist);  Dave Tiley (Alventive);  William H. Younger (Sutter Hill Ventures)

Business description: Alventive provides Collaborative Design Solutions for the high technology and electronics industries and their supply chains. Using Alventive’s offerings, geographically distributed and outsourced product development teams can efficiently orchestrate, track and collaborate on processes that lead to fast, early and optimal product decisions. Using these Internet-based solutions, companies are able to design out costs early, reduce cycle times, and create better products.
Customers include: HP;  Celestica;  The Holland Group;  Waterloo Industries
Partners include: AccentureAgile SoftwareAribaHPMicrosoftNetegrityStanford UniversityWebEx Communications;  Celestica;  Domain Systems;  eCubix;  HCL Technologies;  HCLT;  Hitachi High Technologies Corporation;  iXL;  Quanta

Rounds: 6
Recent Fundings: May 2002
Capital raised: 51.5M
Last Round: 11.3M
Ownership: Acquired by BlueSky Solutions (2004)
VCs include: BenchmarkCRVFocus VenturesIdanta PartnersOctane Capital ManagementSutter Hill VenturesTCVHambrechtAndQuistVulcan Capital;  iXL Ventures;  Aslan Strategic Partners
Corporate investors: Agile SoftwareAriba;  Celestica;  Stanford University

Last Tweets


Last Mentions

Record updated: Oct 2003
Sector: Internet
Year Founded: 1999
Headcount: 151-200 as of Sep 2000
Rounds: 6
Recent Fundings: May 2002
Capital Raised: 51.5M
Last Round: 11.3M
Ownership: Acquired by BlueSky Solutions (2004)