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ACQUIRED COMPANY
 
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Velosel  Acquired by Tibco Software (2005 $ 1,000,000 )

471 El Camino Real
Santa Clara, CA 95050
USA
(650)-850-2100
Website Company Summary Management Team
Management

Sales/Marketing: Russ Henry
Not listed on the website: (May no longer be at the company) Don Swenson*;  Leonard Asuncion*;  Ricardo Berrios*
Company

Business description: Velosel Corporation is the leading developer of Collaborative Product Information Management (CPIM) solutions for the consumer goods and retail industries. Velosel's CPIM technology enables manufacturing and retail organizations to efficiently create and maintain an enterprise data repository as well as effectively synchronize product data with business partners. Velosel provides solutions for trading partner e-collaboration for the consumer goods (CG) industry. Velosel eChannel Managerâ„¢ is a leading edge Collaborative Product Information Management (CPIM) application with a business user focus that provides 'out-of-the-box' capabilities for managing the complexities of global item data management and synchronizations. It hides the technical complexities of connecting to multiple trading partners and adhering to multiple emerging standards, behind an intuitive GUI designed for day-to-day use by line of business people. Velosel eChannel Manager ultimately provides an integrated suite of capabilities for managing and collaborating on product information across the demand chain.
Customers include: FatbrainIomegaSafeway ;  Ace Hardware;  Dale Electric Supply;  E.AndJ. Gallo Winery;  Fastenal;  Hach;  The Clorex Company;  Wyeth
Partners include: AccentureAribaBEA SystemsBusiness ObjectsCapgeminiCommerce OneExodus CommunicationsHPIBMOmnicellOracleSun MicrosystemswebMethods;  Clarkson Consulting;  Clclone Commerce;  Crossmark Consulting;  Cyclone Commerce;  DataStream;  UCCnet
Capital

Rounds: 3
Recent Fundings: May 2003   Aug 2001
Capital raised: 36.0M
Last Round: 10.0M
Ownership: Acquired by Tibco Software (2005 $ 1,000,000 )

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Overview
Record updated: Apr 2005
Sector: Software
Year Founded: 2001
Headcount: 76-100 as of May 2004
Rounds: 3
Recent Fundings: May 2003   Aug 2001
Capital Raised: 36.0M
Last Round: 10.0M
Ownership: Acquired by Tibco Software (2005 $ 1,000,000 )