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Portera  Acquired by Exigen Capital (2002)

2921 Adeline Street
Berkeley, CA 94703
Website Company Summary Management Team

Outside board: (May no longer be on the board) Stuart J Ellman (RRE Ventures Managing Partner);  Patrick C Lee (JPMorgan Partners) Ruth Ann Quindlen (Institutional Venture Partners);  Ted Schlein (Kleiner Perkins) Warren M Weiss (Prism CEO)

Business description: PorteraTM is a global Web services provider dedicated to helping consulting firms, government contractors and other project-driven organizations more effectively manage their operations by delivering technology solutions that provide greater accessibility, more rapid return on investment and better cost control than traditional enterprise software systems. Portera's ServicePort® suite for professional services automation (PSA) enables organizations serving commercial and government clients to more effectively manage their finances, resources, projects and relationships on a global basis. Portera's subscription-based Web services solutions are delivered via the company's global delivery infrastructure — providing the utmost in security, scalability and reliability, without the associated capital investment or drain on resources.
Customers include: ActuateAppleBellSouthBlue Pumpkin SoftwareBritish TelecomeForceHoneywellIntellicorpLockheed-MartinMentor GraphicsPricewaterhouseCoopersQurisRaytheonSabreSiemensSumTotal SystemsSun MicrosystemsTradeumVeriSign;  Booz-AllenAndHamilton;  Click2Learn;  Digital Foundry;  FullTilt Solutions;  MarketFitz;  Mobilocity;  Parsons Group;  Qwest Communications;  Savi;  Southern California GasAndElectric;  the New Zealand Government;  Unitas;  Xansa
Partners include: ArsinAvastaCisco SystemsDigitalThinkGuru WorldwideJamcrackerMicrosoftNetscape CommunicationsOracleSalesforce.comSumTotal SystemsSun MicrosystemsWebEx Communications;  Comtex Scientific;  FullTilt;  FullTilt Solutions;;  Parsons Group;  StorageNetworks;  Unanet;  Unipress Software;  Unipress Software

Rounds: 6
Recent Fundings:    Aug 2001
Capital raised: 116.0M
Ownership: Acquired by Exigen Capital (2002)

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Sector: Software
Year Founded: 1996
Headcount: 201-300 as of Apr 2000
Rounds: 6
Recent Fundings:    Aug 2001
Capital Raised: 116.0M
Ownership: Acquired by Exigen Capital (2002)