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Actional  Acquired by Progress Software (2006 $ 32,000,000 )

800 W. El Camino Real, Suite 120
Mountain View, CA 94040
Website Company Summary Management Team

Business description: Actional is the Web services management market-share leader, committed to delivering solutions that help organizations avoid the cost and complexity of unmanaged Web services deployments. The company’s Web services management platform enables organizations to dramatically reduce the impact of constant change inherent in dynamic enterprise Web services environments. Actional’s patented technology provides unmatched visibility, flexibility and active control across the entire Web service network – ensuring uptime while dramatically reducing the costs of ongoing Web services management.
Customers include: ATandTCharles SchwabHPKPMGMCIMotorolaNissanPaychexSAICShooter FinancialSun MicrosystemsTelstraThe Walt Disney CompanyU.S. ArmyVerizon;  California Independent System Operator ;  Danish Immigration Service;  FTC;  JPMorgan;  Partners Healthcare;  Savi;  Starwood HotelsAndResorts Worldwide;  The Hong Kong government;  Thomson Prometric;  Travelers;  U.S. government;  University of Phoenix
Partners include: BEA SystemsBlue Martini SoftwareBroadVisionCisco SystemsCompaqContivoHPIBMMicrosoftNetegrityNorthrop GrummanOblixOraclePeopleSoftReactivityRSA SecuritySAICSiebel SystemsSun MicrosystemsSystinetThoughtWorksTibco SoftwareVitria TechnologyWebPuttyWipro Technologies;  Bay Technologies Consulting Group;  Candle;  Carahsoft;  Centerprise Advisors;  Delano;  Epok;  Getronics;  GT Software;  Herzum Software;  Immedient;  Iona;  Layer N Networks;  Level8;  Mindreef;  MomentumSI;  MphasiS;  nCipher;  NeuLion;  Savonne;  Tarari

Rounds: 3
Recent Fundings: Oct 2004   Nov 2003
Capital raised: 72.3M
Last Round: 12.9M
Ownership: Acquired by Progress Software (2006 $ 32,000,000 )
VCs include: Granite VenturesNEASevin Rosen FundsSt. Paul Venture CapitalSAIC Venture Capital;  Philadelphia Ventures;  Zesiger Capital Group;  International Capital Group;  ArrowPath Venture PartnersNeoCarta Ventures
Angels/other VCs: John OrcuttRenn Zaphiropoulos
Corporate investors: Bank of Singapore

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Record updated: Jan 2006
Sector: Internet
Year Founded: 1986
Headcount: 151-200 as of Jan 1999
Rounds: 3
Recent Fundings: Oct 2004   Nov 2003
Capital Raised: 72.3M
Last Round: 12.9M
Ownership: Acquired by Progress Software (2006 $ 32,000,000 )