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ACQUIRED COMPANY
 
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Solid Information Technology  Acquired by IBM (2007  amount undisclosed )

20400 Stevens Creek Blvd, Suite 200
Cupertino, CA 95014
USA
408 454 4700
Website Company Summary Management Team
Board

Outside board: (May no longer be on the board) Rick Tavan (Tibco Software Former Executive VP) Allen Swann (Oracle Sales Director) Vesa Wallden (CapMan) Alain Couder (Bookham Technologies Former President/CEO) Samuel T. Spadafora (Chordiant Software) Ron Weissman (Apax Partners)
Former outside board: Reijo Paajanen (Minutor) John Bohill (Banc Boston Capital);  Jyri Meriverta (Conventum Capital)
Company

Business description: Solid Information Technology is the Global supplier of choice for embedded data management in devices that deliver IP based services like Voice over IP (VoIP), Push to Talk, Media Gateways and other high-availability network infrastructure components. Solid’s proven and purpose-built platform ensures that data takes care of itself throughout today's complex systems comprised of multiple devices, elements and applications. The company’s unique approach combines a robust relational database management system (RDBMS) with carrier-grade availability and asynchronous data replication capabilities. Solid’s customers have found that using this self-managing, dependable and scalable framework to develop and manage these highly-available IP services and applications significantly improves their time to market and ensures the lowest total cost of ownership.
Customers include: Agilent TechnologiesAirespaceAlcatelAvayaEMCEncanto NetworksF5 NetworksHPLantern CommunicationsMarconiNokiaNortel NetworksPinnacle SystemsSiemensSonim TechnologiesTurin Networks;  Buscom;  Cneck Point Software Technologies;  Etunnels;  Hotsip;  ICS-Nexus;  Sonera;  Watercove Networks;  WorldGate Communications
Partners include: HPIntelMontaVista SoftwarePinnacle Data Systems Sun MicrosystemsWind River Systems ;  BRM;  Brokat Infosystems;  GoAhead;  Kobelco;  OSE Systems;  ProSyst;  Risto Linturi;  Three Network Technology;  uXcomm
Capital

Rounds: 3
Recent Fundings: Dec 2006   Apr 2004
Capital raised: 71.7M
Last Round: 7.7M
Ownership: Acquired by IBM (2007  amount undisclosed )
VCs include: Apax PartnersBlueRun VenturesRobertson StephensRS Investment Management;  RS Coinvestment Fund;  Conventum Venture Finance;  CapMan Capital Management;  Prime Technology Ventures;  CDC-Valeurs de Croissance;  Pogue International Fund;  Bayview 2000
Corporate investors: Intel Capital

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Overview
Record updated: Dec 2007
Sector: Internet
Year Founded: 1994
Headcount: 151-200 as of Jan 2007
Rounds: 3
Recent Fundings: Dec 2006   Apr 2004
Capital Raised: 71.7M
Last Round: 7.7M
Ownership: Acquired by IBM (2007  amount undisclosed )