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ACQUIRED COMPANY
 
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TimesTen  Acquired by Oracle (2005 $ 46,000,000)

800 West El Camino Real
Mountain View, CA 94040
USA
(650)-526-5000
Website Company Summary Management Team
Management

Sales/Marketing: Fred Reich
Not listed on the website: (May no longer be at the company) Edward McGuiness*
Board

Outside board: (May no longer be on the board) Gill Cogan (Weiss, Peck & Greer);  Albert Eisenstat (Discovery Ventures);  Peter Nieh (Weiss, Peck & Greer) Arnold G Silverman (Discovery Ventures) Mark Zucherman
Company

Business description: TimesTen provides software for real-time event processing—a fundamental requirement of time-critical applications used by Wall Street firms and global telecom providers. Systems built with TimesTen inside are instantly responsive, highly reliable, and able to process massive transaction volumes. TimesTen provides infrastructure software, services, and expertise that enable applications to perform real-time event processing. These applications are most prevalent in telecom systems, networking infrastructures, and financial services. A growing number of enterprises, particularly in the transportation, travel, and manufacturing sectors, are increasingly investing in real-time software infrastructures.
Customers include: AlcatelAmdocsAspect SoftwareAvayaCalient NetworksCaspianCisco SystemsDeutsche BankEricssonFactivaHPIntelIP DynamicsIP Unity GlenayreLivePersonLongBoardLucent TechnologiesMotorolaNokiaOrangeP-CubeSpatial WirelessSprintSun MicrosystemsSylantro SystemsTekelecTruePosition;  Bluewave Networks;  Comptel;  dynamisoft;  ITG;  JPMorgan;  Logica;  Mobitex Technology;  NASDAQ;  Nuera Communications;  Openet Telecom;  Philadelphia Stock Exchange;  Primex Trading;  Route Science;  SanTeraSystems;  TeleCommunication Systems;  Telestream Software Solutions;  Telica;  Teligent;  Teltier Architects;  T-Mobile Germany;  United Airlines
Partners include: ATGBEA SystemsCalient NetworksIP Unity GlenayreiPlanetKodiak NetworksRadiant LogicTibco Software;  4TEC;  BI CandS;  eBuilt;  Openet Telecom
Capital

Rounds: 5
Recent Fundings:    Sep 2000
Capital raised: 50.9M
Ownership: Acquired by Oracle (2005 $ 46,000,000)
Angels/other VCs: Joe Sventek (HP);  Mark Zucherman (HP)
Corporate investors: BEA SystemsHPIntel CapitalSun Microsystems

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Overview
Record updated: Jun 2005
Sector: Communications
Year Founded: 1995
Headcount: 51-75 as of Apr 1999
Rounds: 5
Recent Fundings:    Sep 2000
Capital Raised: 50.9M
Ownership: Acquired by Oracle (2005 $ 46,000,000)