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Portal Software  (Stock symbol: PRSF ) Acquired by Oracle (2006 $ 220,000,000 )

10200 S. De Anza Blvd
Cupertino, CA 95014
Website Company Summary Management Team

Former outside board: George Goldsmith (Tapestry Networks CEO);  Arthur C Patterson (Accel);  David Peterschmidt (Inktomi CEO) Karen M Riley (Siebel Systems) Jennifer Taylor (PWCoopers Practice) Robert P Wayman (HP CFO);  Lewis Wilks (Quest Chief of Strategy);  Edward J Zander (Sun Microsystems COO)

Business description: Portal Software provides flexible billing and subscriber management solutions to enable organizations to monetize their voice and digital transactions. Portal’s convergent billing platform enables service providers to charge, bill, and manage a wide range of services via multiple networks, payment models, pricing plans, and value chains. Portal’s flexible and scalable product-based solutions enable customers to introduce new value added services quickly, providing maximum business value and lower total cost of ownership.
Customers include: AOL Time WarnerBellSouthDeutsche TelekomFrance TelecomMicrosoftNTTReutersTelstraTelusVodafone;  China Mobile;  China Telecom;  iGV Brazil;  KPN;  Orange UK;  Sprint Canada;  Telecom Argentina ;  Telenor Mobil;  U.S. West;  Vivendi

Rounds: 2
Capital raised: 20.2M
Ownership: Acquired by Oracle (2006 $ 220,000,000 )
Stock Symbol: PRSF
VCs include: AccelAmerindo Investment Advisors;  Chancellor Capital Management
Corporate investors: Nassau Capital

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Record updated: Apr 2006
Sector: Communications
Headcount: 401-500 as of Oct 2004
Rounds: 2
Capital Raised: 20.2M
Ownership: Acquired by Oracle (2006 $ 220,000,000 )
Stock Symbol: PRSF