|
|
 |
|
|
|
|
|
|
Systinet, Web Services co. receives $21m financing
London -- Systinet, a leading Web Services software company founded by Prague
based entrepreneur Roman Stanek, received $21m financing in a round led
by private equity investment firm Warburg Pincus.
The new capital will be used to increase R&D to enhance Systinet’s WASP
(Web Application and Services Platform) product, as well as increase
their sales and marketing team. Systinet’s core technology enables IT
architects and developers to build interoperable and compatible Web
services using a comprehensive and flexible platform.
“Unlike most Web Services vendors, Systinet has a proven architecture
with more than 10,000 registered users and hundreds of Web Services
deployments.” Said Systinet CEO Roman Stanek, an early investor in
London based Ariadne Capital.
“Web services has emerged as the next generation of distributed
computing,” said Warburg Pincus Managing Director Cary Davis, “There is
a tremendous opportunity for Systinet to be the leading independent
software platform provider for Web Services.”
Ariadne Capital Investor Member Roman Stanek founded Systinet (formerly
Idoox) in Prague in 2000. Systinet is based in Cambridge Massachusetts,
with offices in London, Palo Alto and Prague. Stanek was the founder and
CEO of NetBeans, Inc., a software development company specializing in
enterprise applications written in the Java programming language, prior
to the company's acquisition by Sun Microsystems, Inc. in October 1999.
www.ariadnecapital.com/investor_stanek.htm
www.systinet.com
|
|
|
|
|
