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Netpreneur News
Volume 7, Number 41, October 17, 2002

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This Week's Contents:

 1) NEWS ABOUT NETPRENEUR
      1.1 Everybody's Heard About The Bird
 2) REGIONAL NETPRENEURS
      2.1 4FrontSecurity Manages Info Security
      2.2 WebAdvantage Teaches eMarketing
      2.3 LGX Supports Customer Service
      2.4 Vibrant Detects Billing Event "Leakage"
      2.5 Round-up: Quick Hits
      ......news from SilentRunner, Entrieva, and Bean Creative

  3) FUNDING & FINANCE NEWS
      3.1 Dough Raise Me
      ...... more than $32M for 2 local entrepreneurs

      3.2 Life In The Food Chain
      ...... SmarterOrg Merges With Isoph
      ...... Invitrogen Acquires InforMax

  4) REGIONAL NEWS
      4.1 ISOC To Operate .org Domain
      4.2 PostNewsweek Folds Washington Techway


|||||||||||||||||||| 1. News About The Program ||||||||||||||||||

1.1 EVERYBODY'S HEARD ABOUT THE BIRD
According to the most ejected man in the majors, Earl Weaver, "It's
what you learn after you know it all that counts." While we can't
cover it all at this month's Coffee & DoughNets, we'll at least get
to where you can learn something important at "Blocking and
Tackling: Operational Challenges for Startups." Early-stage
entrepreneurs Alba Alemán of Cairo Corporation, Prashanth Boccasam
of Approva, Don Britton of Network Alliance, and Duke Chung of
Cyracle will discuss topics including moving from concept to
business model, identifying and validating your market, building a
team with very little money, attracting customers, and taking your
company as far as you can without VC money. We're also accepting
early questions by email, so send them now to
mailto:doughnets@netpreneur.org and get a jump on the discussion.
C&D will be Wednesday, October 23, 7:00 AM, at the Mazza Gallerie
AMC Cinemas on Wisconsin Avenue in DC. (And, yeah, we know, there's
no blocking and tackling in baseball, strictly speaking, anyway, but
Weaver knew a thing or two about the basics. Like f'rinstance, "The
key to winning baseball games is pitching, fundamentals, and
three-run homers." Simple, huh?)

Sign up for C&D:
http://www.netpreneur.org/events/doughnets


|||||||||||||||||| 2. Regional Netpreneurs ||||||||||||||||||

2.1 4FRONTSECURITY MANAGES INFO SECURITY
(Reston, VA) 4FrontSecurity introduced its Information Management
System (IMS), an enterprise software platform that enables
organizations to automatically collect, manage, and distribute
information security content such as policies, control standards,
baseline configurations, threats, vulnerabilities, and security
education programs to customers, employees, and partners. IMS works
as a single application for managing changing threats by providing
executive management with a digital interface to monitor their
organization's daily security posture. When a new threat is
identified, security managers can determine what assets are
vulnerable in real-time, then create the correct countermeasures to
mitigate it. It includes proprietary content modules and
functionality from Overland Park, KS-based Archer Technologies which
include an enterprise portal, alert notifications, discussion
forums, online training, content workflow, search engine, management
reporting, access control, online help, and reporting.
http://www.4frontsecurity.com
http://www.archer-tech.com
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

2.2 WEBADVANTAGE TEACHES eMARKETING
(Aberdeen, MD) WebAdvantage.net launched a new service that provides
a series of "webinars" -- Web-based seminars -- on eMarketing
topics. The one-hour classes are held strictly online and initially
cover 12 topics, including Maximizing Email Marketing ROI,
Performance-Based Online Advertising, The Ins & Outs Of Search
Engine Optimization, and How To Decipher Your Web Traffic Logs. The
webinars have been developed primarily for associations, franchise
organizations, and companies with independent branch locations.
http://www.webadvantage.net
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

2.3 LGX SUPPORTS CUSTOMER SERVICE
(McLean, VA) LGX Solutions debuted its flagship product, LGX
Customer, a Web-based customer services suite made up of a series of
interlocking modules, including: LGX Issue, an Issue Tracking
System; LGX Discussion, a discussion board for collaboration; LGX
Document, a document sharing system; LGX Change, a change management
system; LGX Knowledge, for organizing information such as online
help documents and FAQs; and LGX Admin, the central administration
component for the system.
www.lgxsolutions.com
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

2.4 VIBRANT DETECTS BILLING EVENT "LEAKAGE"
(Fairfax, VA) Vibrant Solutions introduced Network Usage Assurance
(NUA), a revenue management solution that helps service providers
detect leakage and under billing issues within their switch-to-bill
processes in near real-time. Analysts estimate that carriers
typically lose 2-11% of their annual revenue through problems such
as collection device and transit failures, equipment configuration
errors, provisioning inaccuracies, and incomplete data for dispute
resolution. Vibrant's NUA lets carriers aggregate terabytes of data,
allowing them to look at their entire network usage and make
decisions and adjustments more quickly.
http://www.vibrantsolutions.com
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

2.5 ROUND-UP: QUICK HITS

(Reston, VA) SilentRunner will integrate its visual analysis
technology with Edison, NJ-based netForensics' security correlation
engine and management console, creating a new solution that both
companies will sell offering pre-packaged analysis reports and views
for security management.
http://www.silentrunner.com
http://www.netforensics.com.

(Reston, VA) Webversa has changed its corporate name to Entrieva,
Inc., retaining the Webversa name as a product brand. The identity
change reflects Entrieva's focus on "software technologies that
improve and speed up their decision making capabilities through the
use of active information discovery software."
http://www.entrieva.com

(Alexandria, VA) Bean Creative created the website for the Grocery
Manufacturers of America, an association of food, beverage, and
consumer product companies.
http://www.gmabrands.com
http://www.beancreative.com


|||||||||||||||||| 3. Funding & Finance News ||||||||||||||||||

3.1 DOUGH RAISE ME

$11 million in a second round for Reston-based systems management
software company Netuitive. The money comes from Bessemer Venture
Partners, Columbia Capital, Flagship Ventures, and Noro-Moseley.
Netuitive's Trusted Alarms product provides indicators of impending
computer performance failures, employing algorithms that provide
analytics to correlate various alarms in the data center and
determine their business impact. The company also announced that it
has named Nicola Sanna, formerly CEO and President of e-Security, as
President and CEO.
http://netuitive.com

$21.25 million in an oversubscribed first round for
Gaithersburg-based Chicken Out Rotisserie, a restaurant chain that
also provides online catering services. The round was led by Grotech
Capital Group, with participation by Mercantile Capital Partners,
Reicon Capital, and William Blair & Co. partners. Chicken Out has 30
fast, casual restaurants located throughout Baltimore, Greater DC,
Charlotte, and Atlanta, and its catering division has partnered with
outdoor entertainment venues such as Wolf Trap and NFL teams,
including the Redskins. Dennis Shaughnessy of Grotech and Antoine
Treuille from Mercantile will join the company's board.
http://www.chickenout.com
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

3.2 LIFE IN THE FOOD CHAIN

-- SmarterOrg Merges With Isoph
(Washington, DC) SmarterOrg and Chapel Hill, NC-based Isoph, two
companies focused on providing learning and collaboration
technologies exclusively for the nonprofit community, have signed a
definitive agreement to merge. Operating under the name Isoph, the
combined company will offer nonprofits increased resources and a
wider variety of technology options. Jeff Cobb, Isoph CEO, will
continue to lead the combined company. Bill Tucker, former
SmarterOrg CEO, will be Chief Knowledge Officer.
http://www.smarterorg.com
http://www.isoph.com

-- Invitrogen Acquires InforMax
(Bethesda, MD) San Diego-based Invitrogen announced a definitive
agreement to acquire InforMax in an all cash transaction valued at
approximately $42 million. InforMax provides a multi-application
suite of data access, analysis, and presentation software for the
life sciences which also simplify the use of Invitrogen's gene
identification, cloning, expression, and analysis kits. Following
the transaction, InforMax will be merged with a wholly owned
subsidiary of Invitrogen, and Andrew Whiteley, InforMax's President,
Chairman and CEO, will become President of InforMax.
http://www.informaxinc.com
http://www.invitrogen.com


|||||||||||||||||| 4. Regional News ||||||||||||||||||

4.1 ISOC TO OPERATE .ORG DOMAIN
(Reston, VA) The Internet Corporation for Assigned Names and Numbers
(ICANN) has approved the Reston-based Internet Society's (ISOC)
proposal to operate the ".org" registry, the top level domain
associated with not-for-profit organizations. ISOC has established a
new not-for-profit, the Public Interest Registry (PIR), which will
succeed VeriSign as the registry operator for .org. Afilias Limited,
an Irish domain registrar with US offices in Horsham, PA, will
provide PIR with back-end registry services. PIR says that it will
introduce new services for noncommercial organizations, including
name locking, site linking, a directory, and ID certification. In
addition, PIR will establish a .org Advisory Council of
noncommercial community leaders.
http://www.isoc.org
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

4.2 POSTNEWSWEEK FOLDS TECHWAY
(Washington, DC) PostNewsweek Tech Media announced that it is
expanding its media investments in the government sector and
discontinuing publication of Washington Techway magazine.
PostNewsweek Tech Media, a business unit of The Washington Post
Company, will be restructured to focus exclusively on the
business-to-government marketplace with products that include
Government Computer News, a national newsmagazine for government IT
buyers; Washington Technology, a national newsmagazine for federal
system integrators; FOSE, the nation's largest government IT show;
and Professional Services Expo aimed at federal procurement
managers.
http://www.gcn.com


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Netpreneur News is copyright 2002, Morino Institute, all rights reserved. The information contained here has been obtained from sources believed to be reliable, but is not necessarily complete and its accuracy cannot be guaranteed. It is provided "as is" and your use is at your own risk.




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