August, 2010

Rob Chaplinsky

Managing Director

August 26th, 2010

IronKey Introduces New USB Drive For Secure Online Banking

IronKey has developed a new USB drive specifically designed to protect the online banking consumers from hacking attempts. The 256-byte USB drive acts as a secure environment for people to do their banking safely from any computer.

Increased Online Banking Security

With the growing popularity of online banking, security has become a big concern. Many people access their accounts from public computers, or are not sufficiently informed or protected against malware programs that are targeted at online bankers.

IronKey

 

The National Automated Clearing House (NACH) suggests that you only use one dedicated computer for financial transactions. Online banking related fraud were up to $1.5 million a week last fall, according to the FBI’s Internet Crime Complaint Center.

An Alternate Security System

For those who can’t afford to have a dedicated computer for finance, IronKey’s Trusted Access for Banking is basically a virtual space which runs its own software, allowing users to access secure websites without exposing themselves to viruses that could be lurking on the computer they are using.

The software can be programmed to only visit certain sites, and utilizes secure DNS services, Australia so you know the sites you are going to online casino are what they say they are and casino that no malware finds its way back to your computer. In addition, the drive in non-writable, so the device itself cant be infected with malware.

The device will soon become available from IronKey for banks, who will in turn distribute the drives to their customers.

Rob Chaplinsky

Managing Director

August 25th, 2010

IMVU Selected as Inc. 500 Company

IMVU, an online community and social entertainment network where members use 3D avatars to meet new people, chat, create and play with their friends, today announced that Inc. magazine named IMVU to its 29th annual Inc. 500 list, an exclusive ranking of the nation’s fastest-growing private companies. For the past 30 years, the Inc. 500 list has served as evidence of the significant accomplishments and growth of a select few companies in America.

“Fast growth at any time is a big achievement; fast growth during the past few years is just short of miraculous,” said Inc. editor Jane Berentson. “The Inc. 500 consists of these just-short-of miraculous companies, the ones that through ingenuity and ambition have increased revenue, hired employees and grown fast in difficult economic times.”

Inc. magazine’s Inc. 500 list represents the most comprehensive look at the most important segment of the economy — America’s independent-minded entrepreneurs. Companies such as Microsoft, Intuit, Zipcar, Clif Bar, Oracle, Zappos and many other well-known names gained early exposure as members of the Inc. 500.

“We are honored to be in the 2010 Inc. 500, which recognizes our 2009 revenue of $22 million, representing 657% three-year growth,” said Cary Rosenzweig, CEO of IMVU Inc. “What’s even more exciting is that 2010 is also a great year for IMVU, with revenue currently at a $40 million annualized run rate. This is a reflection of the great work performed by the IMVU community and our employees.”

Rob Chaplinsky

Managing Director

August 19th, 2010

Dow Jones VentureWire, FASTech

Rob Chaplinsky

Managing Director

August 19th, 2010

Bluecat Recruits NSA, CIA and Sun Micro veterans to Tech Advisory Board

BlueCat Networks today named three new members to its Technical Advisory Board (TAB). The highly-distinguished TAB members are William (Bill) Crowell, former Deputy Director of the National Security Agency (NSA); Bob Flores, former CTO of the Central Intelligence Agency (CIA) and John McFarlane, the Former President of Sun Microsystems Software Division. The group joins Ron Aitchison, the renowned DNS authority and author of the DNS technology reference book, “Pro DNS and BIND.”

The group will tap its vast government IT background, agency experience, and DNS knowledge to drive BlueCat’s IPAM Australia and DNS/DHCP product online casino development for government agencies casino worldwide.

Rob Chaplinsky

Managing Director

August 3rd, 2010

NeoNova to Bring Google Apps to Rural and Tribal Telcos

RESEARCH TRIANGLE PARK, N.C., Aug. 3 /PRNewswire/ — NeoNova Network Services, an industry leader in managed IP services that enable service providers to offer premium integrated communications, superior customer support and professional services and advanced subscriber and network management services to rural Telcos, today announced that they have become an authorized reseller of the Google Apps™ suite of communication and collaboration tools for the rural Internet Services Provider (ISP) Community.

NeoNova will integrate Google Apps – a cloud-based suite of email, calendar, IM, and collaboration tools – into their provisioning platform and comprehensive suite of managed services to new and existing ISPs in the rural Telecom market.  In addition to Google Apps, NeoNova will offer Postini, Google’s spam and virus protection service.

In early 2009, Congress directed the Federal Communications Commission (FCC) to develop a National Broadband Plan to ensure every American has “access to broadband capability.”  The National Broadband Plan lays out a bold roadmap to America’s future.  These initiatives will stimulate economic growth, spur job creation, and boost our capabilities in education, healthcare, homeland security and more.

The philosophy of the Broadband plan matches the mission of NeoNova—to bring Internet services to the under and un-served communities.  As an authorized reseller, NeoNova can provide best-of-breed services to affiliates; leveling the playing field for rural and tribal communities, areas often bypassed by larger carriers.

“As the market continues to grow and change, NeoNova strives to offer the best services to meet the needs of our affiliates.  We are proud that we can now offer rural and tribal Telcos the same benefits as over 25 million users currently using Google Apps,” said John Carlson, CEO of NeoNova.  “Over 100 of NeoNova’s customers and future new ISPs can offload the infrastructure costs and the effort it takes to maintain an on-premises solution, and focus those savings on more strategic IT initiatives.”

Google Apps brings simple, powerful communication and collaboration tools to organizations of any size – all hosted by Google to streamline setup, minimize maintenance, and reduce IT costs.  With Gmail (including Google email security, powered by Postini), Google Calendar, and integrated IM, users can stay connected and work together with ease. And, using Google Docs and Google Sites, which include word processing, spreadsheet, presentation and website creation tools, they can share files and collaborate in real-time, keeping versions organized and available wherever and whenever users work. Google Apps is hosted on Google’s multi-tenant, Internet-scale infrastructure, which offers faster access to innovation, superior reliability and security, and maximum economies of scale.

“The combination NeoNova’s suite of products and services and Google Apps now makes it easy and secure for rural ISPs and tribal communities to offer their subscribers the latest versions of powerful applications, like Gmail, Google Calendar, Google Docs, and other collaborative tools without having to worry about hosting, updating, or maintaining any of the services,” said Paul Slakey, Director of Enterprise Channels & Partnerships at Google.  “NeoNova offers ISPs increased access control, customized branding and local support for the applications they offer to subscribers.”

Rob Chaplinsky

Managing Director

August 3rd, 2010

Xactly raises $12million from Salesforce.com and Bridgescale

SAN JOSE, CA – August 3, 2010 – Xactly Corporation, the leader in on-demand sales performance management (SPM), today announced it has secured $12 million in financing to further extend its customer and technology leadership in the SPM market. The round was led by Bridgescale Partners, with participation from existing investors Alloy Ventures, Bay Partners, Cheyenne Partners, Glynn Capital Management, Outlook Ventures, and Rembrandt Ventures. The round also included a strategic new investment from salesforce.com.

“Xactly continues to deliver stellar business results, while maintaining our unwavering commitment to both product and customer excellence,” said Christopher Cabrera, president and CEO, Xactly Corporation. “This continued support from our existing investors and the addition of new investment partners will enable us to extend our market leadership, fuel new customer adoption, and continue investment in our award-winning products.” In the first half of 2010, Xactly increased worldwide recognized revenues by more than 50 percent over the first half of 2009. In 2009, Xactly also increased worldwide recognized revenues by more than 50 percent over 2008 and nearly tripled its number of customers and subscribers.

“The corporate enterprise is rapidly adopting on-demand or SaaS based sales performance management solutions to get better operational efficiency from its sales teams,” said Rob Chaplinsky, managing director of Bridgescale Partners. “In five years, Xactly has not only paved the way for this market evolution, but the company is now the clear market leader in this high growth category of SPM software.”
“Xactly has grown rapidly by Australia making customers successful with sales performance and incentive compensation online casino management delivered via the casino cloud,” said Kendall Collins, chief marketing officer, salesforce.com. “We expect that Xactly will continue to enhance their leadership position by delivering new innovation, such as real-time collaboration capabilities, in their cloud offerings to further ensure customer success.”
The additional funding will enable Xactly to further capitalize on new market opportunities and continue its strong track-record of company growth and global customer excellence. The capital will also be used to continue investments in the company’s flagship Xactly Incent offering, the industry’s first 100-percent SaaS-based incentive compensation solution, and extended SPM product suite, including Xactly Analytics and Xactly Express, Xactly’s SPM offering to small to medium businesses that are ready to move from excel spreadsheets to a cost-effective SaaS solution.