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ACQUIRED COMPANY
 
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Xpede  Acquired by Alltel (2001)

300 Lakeside Drive 17th Floor
Oakland, CA 94612
USA
(510)-625-5000
Website Company Summary Management Team
Management

CEO: Michael DeVico (9/00)
President/COO/Operations: John Lettko
Finance: Kent Elmer
Technology: Lee Decker
Sales/Marketing: Joe Garrett
Former Employees: Stuart Thompto Surinder Brar
Board

Outside board: (May no longer be on the board) Chip Adams (Rosewood Capital) Eric Eubank (FirstUnion Capital);  Frederick Eubank (FUCP);  Bill Unger (Mayfield Fund)
Company

Business description: Xpede develops web based software enabling lending institutions to process mortgage funding or refinancing.
Partners include: Andersen ConsultingAT KearneyCisco SystemsEDSExodus CommunicationsFirst UnionOracleSapient;  FreddieMac
Capital

Rounds: 2
Capital raised: 53.0M
Ownership: Acquired by Alltel (2001)

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Overview
Record updated: Feb 2001
Sector: Software
Year Founded: 1998
Headcount: 26-50 as of May 2002
Rounds: 2
Capital Raised: 53.0M
Ownership: Acquired by Alltel (2001)