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ACQUIRED COMPANY
 
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AppStream  Acquired by Symantec (2008  amount undisclosed)

2300 Geng Road #100
Palo Alto, CA 94303
USA
(650)-251-2500
Website Company Summary Management Team
Board

Outside board: (May no longer be on the board) Uri Raz (Appstream Founder) Marc Sokol (JK&B Capital Partner) Raj Jaswa (Jaswa & Company Managing Partner) Andreas Stavropoulos (Draper Fisher Jurvetson)
Former outside board: Shimon Weintraub (private investor);  Ilan Zorman (Wireless Online)
Former advisory board: Mike Franklin (UC Berkeley Associate Professor);  Tom O'Gara (angel investor);  Peter Yared (Sun Microsystems Division CTO)
Company

Business description: AppStream is the leading provider of on-demand application deployment technology that reduces traditional software deployment costs and associated installation problems. AppStream's patented end-to-end infrastructure software is the first of its kind to integrate with planned deployment technologies to provide ubiquitous access to client server applications. The AppStream .NOW™ Platform lowers existing application TCO through on-demand deployment savings typically associated with Java and .NET without redevelopment risk. This allows organizations to retain the robust business functionality of their current applications, and shift focus from managing deployment to managing entitlement.
Customers include: Goldman SachsIntelNortel NetworksRiverdeep ;  Cleveland Municipal School District ;  CSFB;  ICS ;  KitASP ;  LG Telecom;  Southern California Edison;  St. Agnes Academy ;  St. Gobain
Partners include: Computer AssociatesHPIBMNetscape CommunicationsSun MicrosystemsSymantecVMware ;  Gotham;  Plan B Technologies ;  PLM Solutions;  SNS
Capital

Rounds: 3
Recent Fundings: Dec 2003   Oct 2000
Capital raised: 60.6M
Last Round: 15.6M
Ownership: Acquired by Symantec (2008  amount undisclosed)
VCs include: Threshold VenturesGoldman SachsJKandB Capital;  Evergreen Management
Angels/other VCs: Andrew Viterbi (Qualcomm)

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Last Mentions


Overview
Record updated: Apr 2008
Sector: Software
Year Founded: 1999
Headcount: 26-50 as of Apr 2008
Rounds: 3
Recent Fundings: Dec 2003   Oct 2000
Capital Raised: 60.6M
Last Round: 15.6M
Ownership: Acquired by Symantec (2008  amount undisclosed)