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Plumtree Software  (Stock symbol: PLUM ) Acquired by BEA Systems (2005 $ 200,000,000)

500 Sansome Street
San Francisco, CA 94111
Website Company Summary Management Team

Outside board: (May no longer be on the board) John C Dillon (Navis Holdings CEO) Rupen Dolasia (Granite Ventures) David B Pratt (AvantGo);  James Richardson (WebTrends CFO);  Bernard J Whitney (Handspring CFO)
Former outside board: Pierre R Lamond (Sequoia Capital)

Business description: Plumtree Software is the Enterprise Web technology leader. Plumtree's mission is to create a comprehensive Web environment for employees, customers and partners across the enterprise to interact with different systems and work together. Plumtree's Enterprise Web solution consists of integration products for bringing resources from traditional systems together on the Web, foundation services such as collaboration, content management and search for building new Web applications, and a portal platform for delivering these Web applications to broad audiences. Plumtree's independence and its Web Services Architecture allow this solution to span rival platforms and systems, maximizing customers' return on their existing investments.
Customers include: ADPBabcockAndWilcoxBackWeb TechnologiesChartered Semiconductor ManufacturingCognosDepartment of DefenseElectronic ArtsEli LillyFirstEnergyGE Capital ServicesHPHyperion SolutionsLevel 3 CommunicationsProcterAndGambleRaytheonRockefeller FoundationSolectronSycamore NetworksTelus;  American Cancer Society;  AmericanAirlines;  Army National Guard;  Boy Scouts of America;  Bravida;  BT Ignite;  Cellstar;  Cinergy;  City of Calgary;  ConAgra Foods;  Department of the Navy;  Des Moines University;  District of Columbia Public Schools;  Dole Foods;  Enbridge;  Fannie Mae Foundation;  FTN Financial;  Grainger;  Halliburton;  HandySoft;  International Monetary Fund;  Loma Linda University Medical Center;  Mazda North America;  Milwaukee Public Schools;  Missle Defense Agency;  Monsanto;  Naval Surface Warfare Center;  NetJets;  NTT Comware;  Pepperdine University;  Pharmacia;  SCT;  Singapore Police Force;  Starcom Media Services;  Syncrude;  Tennessee Valley Authority;  Tishman Speyer Properties;  Unite3d Messaging;  United States Army;  University of Chicago Graduate School of Business;  University of Pittsburgh;  Women's World Banking;  Yale School of Management;  Zenius
Partners include: ActuateBEA SystemsBusiness ObjectsCognosConcurDocumentumExtensityFactivaIBMInktomiInterwovenLotus SoftwareMicrosoftNetegrityOblixPlaceWarePricewaterhouseCoopersRSA Data SecuritySeeBeyondSiebel SystemsSun MicrosystemsTivoli SystemswebMethodsYahoo!;  FileNet;  HandySoft;  IMB;  Information Builders;  MediaEdge;  ScreamingMedia;  SEEC;  Stellent;  Tacit

Rounds: 5
Recent Fundings:    Jun 2000
Capital raised: 36.5M
Ownership: Acquired by BEA Systems (2005 $ 200,000,000)
Stock Symbol: PLUM
Angels/other VCs: Casey Scherm (Sun Microsystems)
Corporate investors: Intel CapitalProcterAndGambleMitsuiAndCo.

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Record updated: Aug 2005
Sector: Software
Year Founded: 1996
Headcount: 151-200 as of May 2002
Rounds: 5
Recent Fundings:    Jun 2000
Capital Raised: 36.5M
Ownership: Acquired by BEA Systems (2005 $ 200,000,000)
Stock Symbol: PLUM