Link Silicon Valley
The fastest way to connect to the people, companies and capital of Silicon Valley
Free 30 Day Trial Account
Sign Up | Log In
Search
ACQUIRED COMPANY
 
My Lists

Arcot Systems  Acquired by CA Technologies (2010 $ 200,000,000 )

455 West Maude Avenue
Sunnyvale, CA 94085
USA
(408)-969-6100
Website Company Summary Management Team
Board

Outside board: (May no longer be on the board) Michael R Miele (Goldman Sachs) Chris McKay (Granite Ventures analyst) Frank Kelcz (SEB Venture Capital investment manager) Michael Patterson (Vedanta Capital Partner) Terry L Opdendyk (ONSET Ventures) Arthur C Patterson (Accel)
Former outside board: Hank Boughner (MMC Capital Principal) Carl Sundvik (SEB Strategic Investments) Susan A Mason (ONSET Ventures)
Company

Business description: Arcot Systems, Inc., is the leading provider of authentication solutions for securing identity in Internet-scale, transactional and wireless environments. Only Arcot provides cost-effective, scalable, software solutions based on the ArcotID(TM) Software Smart Card for strongly authenticating users and transactions for payment systems, Web-based email, Web portals and Virtual Private Networks. Arcot solutions meet the business need for strong transactional security while providing the customer a user-friendly experience with anytime, anywhere convenience. Leaders in financial services, healthcare, and e-commerce are using Arcot solutions to protect their customers' privacy and reduce fraud.
Customers include: Blue Chip Venture CompanyBristol Myers SquibbCitibankDeutsche BankFiservGE CapitalSAICShooter FinancialSiemensUBSUnion PacificWachovia;  All Points Capital ;  Barclaycard Merchant Services;  Certegy;  Corner Bank;  dabs.com;  DebiTech;  Garganti Bank;  ING Card ;  JCB International;  MasterCard International;  Metavante;  National Bank Australia;  PEMCO Technology;  People‚Äôs Bank;  PNC Bank;  SBI Cards ;  Scotiabank;  SEB ;  SEBanken;  Shazam Community Financial Institutions;  SSISearch;  Standard Chartered Bank ;  SunTrust;  TD Bank Financial Group;  USAA;  Visa International;  WorldPay
Partners include: Adobe SystemsAutodeskCheck Point Software TechnologiesCompaqeForceEntrustEnvestnet | Yodlee HPIBMIdenTrustIngrian NetworksMicrosoftMobile 365NovellOracleParadataPhoenix Technologies Sun MicrosystemsTibco SoftwareTumbleweed CommunicationsUnisysValicertVeriSignXcert International;  Aventail ;  BT Ignite;  Check Point Software Systems;  Cipher;  Cybertrust;  IDX Systems;  InfoSys;  Integris;  Kyberpass;  Mosaic Software;  nCipher;  Oasis Technology;  Paymentech;  Paymentplus;  Softronic;  SWIFT;  Visa International ;  WorldPay
Capital

Rounds: 7
Recent Fundings: Jun 2008   Mar 2007
Capital raised: 101.8M
Last Round: 23.0M
Ownership: Acquired by CA Technologies (2010 $ 200,000,000 )
VCs include: AccelFoundries Holdings{1}Granite VenturesInvesco Private CapitalOnset VenturesFirst Union;  Wachovia Strategic Ventures;  Goldman Sachs;  Raza Ventures;  Vedanta Capital
Corporate investors: Adobe VenturesNovellOracle Ventures;  Skandinaviska Enskilda Banken

Last Tweets


 

Last Mentions


Overview
Record updated: Aug 2010
Sector: Communications
Year Founded: 1997
Headcount: 101-150 as of May 2008
Rounds: 7
Recent Fundings: Jun 2008   Mar 2007
Capital Raised: 101.8M
Last Round: 23.0M
Ownership: Acquired by CA Technologies (2010 $ 200,000,000 )