Message-ID: <25528420.1075861489460.JavaMail.evans@thyme> Date: Tue, 27 Nov 2001 04:56:00 -0800 (PST) From: people@venturewire.com To: jdasovic@enron.com Subject: VentureWire People, Tuesday, November 27, 2001 Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: VentureWire People X-To: jdasovic@ENRON.COM X-cc: X-bcc: X-Folder: \JDASOVIC (Non-Privileged)\Dasovich, Jeff\Deleted Items X-Origin: Dasovich-J X-FileName: JDASOVIC (Non-Privileged).pst VentureWire People
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January 22, 2002



TOP MANAGEMENT
SANgate Systems Loses Court Fight, Chairman & CEO Resigns
Mahi Loses CEO, Sequoia's Chris Rust is Interim Chief
ClickArray Adds Pres & CEO, Changes Name to Array Networks
Cohesive Technologies Names Peter Glick as President & CEO
Energy Manager ExoLink Taps John R. Harris as Pres & CEO
Security Tech Firm Cernium Adds Sean Patty as Pres & CEO
Former Hummingbird Exec Named CEO, Pres. of Lightobjects
Research and Consulting Firm RHK Adds Marc Litvinoff as CEO

VC PERSONNEL
Worldview Technology Names Steve Eglash as Sr. Associate
ThinkEquity Adds Trace A. Urdan as Principal, Senior Analyst

BUSINESS DEVELOPMENT
VIEO Names New Executives, Wendell Meeks & Angela Hester

MARKETING & SALES
Response Networks Adds Phil Hollow as VP Product Marketing
StreamServe Names Sheila Gibson Chief Marketing Officer
Teltier Networks Adds Jim Brooks as VP of Marketing
WebPutty Names Ex-Microsoft Exec as VP Market Development
ClearForest Names Ex-ScreamingMedia Exec As VP, Sales

OPERATIONS
3Di Taps Jeffrey J. Armstrong as VP, Domestic Operations

FINANCE
WhiteLight Systems Makes New Appointments To Management Team

TOP MANAGEMENT

SANgate Systems Loses Court Fight, Chairman & CEO Resignstop   mail 
SOUTHBOROUGH, MASS. -- SANgate Systems, which develops a platform for networking storage and data management, said its recently appointed chairman and CEO, Doron Kempel, resigned from the company last Tuesday evening after his former employer, data storage firm EMC, successfully argued in the Suffolk County Superior Court of Massachusetts that Mr. Kempel's 12 month non-compete agreement included his position at SANgate Systems.

Mr. Kempel, 38, joined the firm in September from Hopkinton, Mass.-based EMC, where he was vice president and general manager of the media solutions group. SANgate will not appeal the decision, according to a company spokesperson. Mr. Kempel is not eligible to return to the company until August 2002. He was introduced to SANgate through board member Erel Margalit, a managing partner at Jerusalem Venture Partners.

SANgate is still debating how to respond to this development. For now, Paul Feresten, vice president of marketing and development, is overseeing day-to-day operations, and the board, which is handling all other responsibilities, is meeting to decide how SANgate's future management team will be composed. The board is expected to announce its decision within a few days.

The spokesperson said the board is weighing several options, including a new chairman and CEO, an interim executive, or an internal promotion.

This is not the first management shake-up at SANgate this year. During the first half of 2001, Mr. Feresten was promoted to president and chief operating officer from vice president of sales and marketing when former CEO, Alan Davis, left the company through a mutual decision with the board. Mr. Feresten had relinquished those duties upon Mr. Kempel's appointment.

SANgate is backed by Battery Ventures and Jerusalem Venture Partners. It was co-founded in January 2000 by chief technology officer, Samek Mokryn, and vice president of engineering, Alex Winokur.


http://www.sangate.com

Mahi Loses CEO, Sequoia's Chris Rust is Interim Chieftop   mail 
PETALUMA, CALIF -- Mahi Netowrks, a developer of an optical transport switch router, said CEO Greg Peters has left the company. Ron Longo, vice president of marketing, sales, and services, said the company has appointed Chris Rust, partner with Sequoia Capital, as an interim CEO as it searches for a permanent replacement.

Mr. Longo would not comment on why Mr. Peters left. In September the company laid off a third of its 300-member staff, though no executives were cut at the time.

In June, Mr. Peters told VentureWire the firm expected to close a $50 million to $75 million third round at the end of July. Mr. Longo said the company is still in the middle of raising the round, but would not comment on the targeted closing date or amount.

Mahi Netowoks has raised a total of $71.5 million from Anschutz Investment, Benchmark Capital, Berkeley Capital, Comdisco, Goldman Sachs, GE Equity, Mitsui Japan, Sequoia Capital, Time Warner Telecom, Van Wagoner Funds, Williams Communications, and WorldCom.


http://www.mahinetworks.com

ClickArray Adds Pres & CEO, Changes Name to Array Networks top   mail 
CAMPBELL, CALIF. -- ClickArray Networks, a provider of an integrated Web traffic management appliance, said it appointed Donald Massaro as president and chief executive officer. The company also said it has changed its name to Array Networks.

Mr. Massaro, 57, most recently served as president and CEO at Mainstreet Networks and formerly served as president and CEO at Shugart Associates, a maker of floppy disk drives. Mr. Massaro also joins the board of directors, which includes founder and CTO Lawrence Lu, David Liddle from U.S. Venture Partners, and Tai-Lin Hsu with H&Q Asia Pacific.

Mr. Massaro succeeds Mr. Lu, who remains as CTO and vice president of engineering.

With 110 employees, Array Networks has raised $31.1 million from Comdisco Ventures, H&Q Asia Pacific, and U.S. Venture Partners.


http://www.arraynetworks.net

Cohesive Technologies Names Peter Glick as President & CEOtop   mail 
FRANKLIN, MASS. -- Cohesive Technologies, a provider of liquid chromatography bioanalysis products for the pharmaceutical drug discovery marketplace, announced the appointment of Peter H. Glick as president and CEO.

Mr. Glick joins from pharmaceutical, biotechnology and medical device contract research organization Primedica, where he served as president. Prior to Mr. Glick's appointment, the president and CEO role was held by Hubert M. Quinn, who remains with the company as chairman and chief scientific officer.

Prior to his last position with Primedica, Mr. Glick served in a number of marketing and corporate development positions at Primedica.

In August 2000, Cohesive Technologies has raised $16.5 million in a private financing led by Dauphin Capital Partners. Also participating in the round were Oxford Bioscience Partners, Thomas Weisel Partners, and Berkshire Partners.


http://www.cohesivetech.com

Energy Manager ExoLink Taps John R. Harris as Pres & CEO top   mail 
LEWISVILLE, TEXAS -- ExoLink, a provider of retail energy transaction management services for the energy market, said it named John R. Harris as its new president and CEO.

Prior to joining ExoLink, Mr. Harris served as chairman and CEO of Ztango, a provider of wireless application services. He also serves on the boards of Genuity, Applied Graphic Technologies, and Ventiv Health. Mr. Harris replaces Don Etheredge, who will remain with the company as an adviser.

ExoLink has received funding from InterWest Partners, STARTech Early Ventures, and individual investors.


http://www.exolink.com

Security Tech Firm Cernium Adds Sean Patty as Pres & CEOtop   mail 
ST. LOUIS -- Cernium, a developer and provider of behavior-recognition software and systems for the security industry, said it named Sean Patty as president and CEO.

Chairman Craig Toder had been serving as interim CEO since Cernium spun out of Ross & Baruzzini, an engineering consulting company specializing in airport security and communications systems, earlier this year.

Over the past ten years Mr. Patty has provided executive management and financial counsel services to technology companies including PanAmSat, GE Capital, AJ Gallagher & Co., and Tollbridge Technologies. He also held senior management positions with Angel Technologies, a wireless communications venture.

Cernium raised $2 million in its Series A round of funding earlier this year from Open Prairie Ventures.


http://www.cernium.com

Former Hummingbird Exec Named CEO, Pres. of Lightobjectstop   mail 
GENEVA, SWITZERLAND -- Lightobjects, an information sharing and management software company, said it appointed Hossam Abou Zeid as president and CEO.

Mr. Abou Zeid previously served as senior vice president of sales and marketing at Hummingbird, an enterprise software firm.

Lightobjects was founded July 2000 by Alberto Aimar and Dante Borillo. The company has received funding from venture capital firm myQube.


http://www.lightobjects.com

Research and Consulting Firm RHK Adds Marc Litvinoff as CEOtop   mail 
SAN FRANCISCO -- RHK, a market research and consulting firm for the telecommunications industry, said it named Marc Litvinoff as chief executive officer.

Mr. Litvinoff previously served as president and chief operating officer at Knowledge Networks, and succeeds Linda Seale, who is no longer with the company. Mr. Litvinoff will join as the eight board member.

With 100 employees, RHK has raised $6 million from CenterPoint Ventures, Crescendo Ventures, InterWest Ventures, and Kaufmann Fund.


http://www.rhk.com

VC PERSONNEL

Worldview Technology Names Steve Eglash as Sr. Associatetop   mail 
PALO ALTO, CALIF. -- Worldview Technology Partners, a venture capital firm, said Steve Eglash has joined the firm as senior associate.

Mr. Eglash, 44, will be responsible for identifying new investment opportunities primarily in the communications field and will also support Worldview's portfolio companies.

Before joining Worldview, he served as a vice president at SDL, which was acquired by JDS Uniphase this year. At SDL Mr. Eglash managed efforts in pump lasers, optical amplifiers, and industrial lasers.

Worldview Technology Partners, which has more than $1.75 billion under management and 80 companies in its portfolio, closed its fourth fund with $1 billion in January 2000.

The firm focuses on emerging technologies, including telecommunications and infrastructure software. Worldview also has business development offices in Tokyo and Singapore.


http://www.worldview.com

ThinkEquity Adds Trace A. Urdan as Principal, Senior Analysttop   mail 
SAN FRANCISCO -- ThinkEquity Partners, an institutional investment firm, said it added Trace A. Urdan as principal and senior analyst.

Mr. Urdan will focus portfolio companies including SmartForce, University of Phoenix Online, DigitalThink, and Saba Software. Mr. Urdan joins the company from WR Hambrecht + Co. He also served at Deutsche Banc Alex.Brown.

ThinkEquity Partners has 55 employees in its four offices in Minneapolis, San Francisco, Chicago, and New York.


http://www.thinkequity.com

BUSINESS DEVELOPMENT

VIEO Names New Executives, Wendell Meeks & Angela Hestertop   mail 
AUSTIN, TEXAS -- VIEO, a provider of InfiniBand management and application software, said it named two new executives to its management team. Wendell Meeks, former executive at Arabia, has joined the company as vice president of business development. Angela Hester, formerly with PricewaterhouseCoopers, has joined the company as director of finance.

VIEO is backed by BMC Software, Dell Computer, Audax Group, Eyes of Texas Partners, OneLiberty Ventures, and TL Ventures.


http://www.vieo.com

MARKETING & SALES

Response Networks Adds Phil Hollow as VP Product Marketingtop   mail 
NORTH ANDOVER, MASS. -- Response Networks, which provides proactive service level management applications, said it named Phil Hollow as its vice president of product marketing. Mr. Hollow previously served as vice president of technology at RadView Software. Response Networks is backed by Blue Rock Venture Capital, Cisco Systems, Hickory Venture Group, Keystone Venture Capital, Mid-Atlantic Venture Funds, and Zesiger Capital Group.

http://www.responsenetworks.com

StreamServe Names Sheila Gibson Chief Marketing Officertop   mail 
STOCKHOLM, SWEDEN -- StreamServe, which provides business communication software, said it named Sheila Gibson as its new chief marketing officer. Ms. Gibson previously worked at RightWorks where she dealt with marketing strategy for its European, Middle Eastern, and African regions. StreamServe is backed by Apax Partners and Amerscan.

http://www.streamserve.com

Teltier Networks Adds Jim Brooks as VP of Marketingtop   mail 
CLARK, N.J. -- Teltier Networks, a provider of mobile network infrastructure, said it named Jim Brooks as vice president of marketing. Mr. Brooks formerly served as a consultant for CMG Wireless Data Solutions and vice president of marketing in Europe at Via Net.Works. Teltier Technologies is backed by Ciralab, Kemper Ventures, New Jersey Technology Council Venture Fund, and St. Paul Venture Capital.

http://www.teltier.com

WebPutty Names Ex-Microsoft Exec as VP Market Developmenttop   mail 
SAN JOSE, CALIF. -- WebPutty, which creates server-based applications for Web services on all Microsoft platforms, said it named Terry Hanold as its vice president of market development. Mr. Hanold comes to the company from Microsoft where he initiated the Silicon Valley Developer Center in Palo Alto, Calif., a business development program. WebPutty is backed by Bain Capital, S.A.C. Capital Partners, and Seneca Capital Management.

http://www.webputty.com

ClearForest Names Ex-ScreamingMedia Exec As VP, Salestop   mail 
NEW YORK -- ClearForest, a provider of information extraction and analytics services, said it has appointed John Haines as vice president, sales and business development.

He most recently served as vice president of sales for ScreamingMedia, where he was responsible for managing sales for the North American and Latin American markets. Prior to ScreamingMedia, he worked for Computer Associates where he served as senior vice president of channel sales, senior vice president of global accounts, senior vice president of professional services, and vice president of federal sales.

ClearForest has received funding from DB eVentures, Deutsche Bank AG's private equity investor; HarbourVest Partners; Polaris Venture Capital; and Walden Israel.


http://www.clearforest.com

OPERATIONS

3Di Taps Jeffrey J. Armstrong as VP, Domestic Operationstop   mail 
EASTON, MD. -- 3Di Technologies, a provider of technologies for spatial data mapping, said it named Jeffrey J. Armstrong as its new executive vice president of domestic operations.

Mr. Armstrong will be responsible for all aspects of operations and production in North America.

Most recently, Mr. Armstrong served as general manager of Analytical Surveys' Cary, N.C. facility. Prior to that position, Mr. Armstrong served as president of Westinghouse Landmark GIS, which was acquired by ASI. He is a certified photogrammetrist and holds survey licenses in North Carolina, South Carolina, and Florida.

3Di has received funding from Allfirst Bank, Koch Ventures, and individuals.


http://www.3dicorp.com

FINANCE

WhiteLight Systems Makes New Appointments To Management Teamtop   mail 
PALO ALTO, CALIF. -- WhiteLight Systems, a provider of a platform for building analytic applications, announced new appointments to its management team. Gregory Smith was named chief financial officer. Mr. Smith previously served as vice president of finance and administration at Petopia.com. Steve Borthwick was promoted to chief technology officer. Mr. Borthwick joined the company in March 1999 to lead the company's technical services organization in the Europe, Middle East, and Africa region. Sheldon Feinland was promoted to vice president of worldwide sales. Mr. Feinland joined the company in October 2000 as vice president of North American operations. WhiteLight Systems is backed by Charter Venture Capital, Dresdner Kleinwort Benson, GE Capital, GE Financial Assurance Holdings, GE Investments, Itochu Group, Sybase, Warburg Pincus, and individuals.

http://www.whitelight.com



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