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Tacit Software  Acquired by Oracle (208  amount undisclosed )

2100 Geng Road
Palo Alto, CA 94043
Website Company Summary Management Team

Technology: Andrew Hamel (2000); Eric Wang
Sales/Marketing: John Klinke
Not listed on the website: (May no longer be at the company) Carol Curry*;  Lance Devin*;  Michael Mooradian*

Outside board: (May no longer be on the board) Steve Jurvetson (Draper Fisher Jurvetson Managing Director) John C Occhipinti (Woodside Fund Managing Director) Robert Simon (Alta Partners General Partner) Kevin Talbot (RBC Technology Ventures)
Advisory board: Lawrence Ponemon (Ponemon Institute Chairman)
Former outside board: Rick Crandall (Comshare CEO)

Business description: Tacit Software drives meaningful collaboration among employees in large enterprises. Our technology continuously processes e-mail, documents and other business communications and automatically discovers each employee's work focus, expertise and business relationships. The result is an active network of information sharing that enables employees throughout the organization to connect with one another on key topics and speeds the organization's ability to solve problems and address issues. Our enterprise product, ActiveNet, is currently used by well-known, global companies such as Morgan Stanley, Lockheed Martin, Northrop Grumman, and Sanofi-aventis. illumio is brought to you by Tacit Software, Inc. Since 1997, we've been building technology that dynamically brings the right people together for idea sharing, problem solving, networking, and collaboration.
Customers include: AstraZenecaIn-Q-TelLockheed MartinMorgan StanleyNorthrop GrummanTotality;  Avantis Pharmaceutical;  ChevronTexaco;  Sanofi-Aventis;  U.S. government
Partners include: IBMPlumtree SoftwarePluralSAICSun Microsystems;  Baker RobbinAndCompany;  InfoImage;  Kamoon;  Mindshare Solutions

Rounds: 3
Recent Fundings: Dec 2007   Apr 2004
Capital raised: 36.0M
Last Round: 1.8M
Ownership: Acquired by Oracle (208  amount undisclosed )
Angels/other VCs: Rich Crandall (ComShare);  Len Kehmann (Global Village Communications)

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Record updated: Nov 2008
Sector: Software
Year Founded: 1997
Headcount: 26-50 as of Feb 2005
Rounds: 3
Recent Fundings: Dec 2007   Apr 2004
Capital Raised: 36.0M
Last Round: 1.8M
Ownership: Acquired by Oracle (208  amount undisclosed )