Since it's inception in 1999, Systemonic has secured $35 million
in financing from Atlas Venture, Apax Partners, Krone mt, Lehman
Brothers, and Sony, which has enabled Systemonic to continue its
aggressive product development and global expansion.
Atlas Venture is the leading international early-stage venture capital
firm, investing in communications, information technology and life
sciences companies. With investing offices in Boston, London, Menlo
Park, Munich, Paris and Seattle, Atlas Venture's investments are
evenly divided between the United States and Europe.
Founded in 1980, Atlas Venture has organized six international
funds, and currently manages more than $2.4 billion in committed
capital. The Atlas Venture investment team is comprised of seasoned
operating executives and career venture capitalists who have been
deeply involved in the formation and development of more than 300
companies worldwide. For more information about Atlas Venture, go
Apax Partners is one of the world's leading private equity investment
advisory groups. It pursues a balanced equity portfolio strategy,
investing in companies at all stages of development from startup
to buyout. Founded in 1972 in the United States and in Europe, Apax
Partners currently has thirteen offices worldwide and over $12 billion
under management or advice on behalf of leading institutional investors.
The group has investments in 250 companies worldwide.
Krone mt is a venture-capital service company with a comprehensive
range of services, including marketing, financial and administrative
support. The founder and Managing Director of Krone MT is Klaus
Krone, who had previously developed the former family owned concern
Krone AG into a leading global telecommunication company. Klaus
Krone has built up Krone MT with a team of qualified specialists
to enhance the business potential and viability of our venture partners.
Krone MT is particularly involved in new companies in the telecommunication
and information technology business fields. Krone MT provides money
and offers success & profit management services. This service
range includes consultancy in developing a competent business plan
as well as extensive operating support for partners and clients
from product development to marketing.
Lehman Brothers, an innovator in global finance, focuses on serving
the financial needs of corporations, governments and municipalities,
institutional clients, and high-net-worth individuals worldwide.
Founded in 1850, Lehman Brothers maintains leadership positions
in equity and fixed income sales, trading and research, investment
banking, private equity and private client services. The Firm is
headquartered in New York, London, and Tokyo and operates in 44
offices around the world.
Sony manufactures audio, video, communications and information technology
products for the global consumer and professional markets. With
its music, pictures, games and online businesses, Sony is uniquely
positioned to become a leading personal broadband network company
in the 21st century. Sony Venture Capital Europe, the venture capital
arm of Sony Europe, is a strategic partner and investor in Systemonic.
Under the terms of this agreement, Sony and Systemonic executives
will investigate the use of Systemonic technology to enable wireless
communications capabilities in a wide variety of Sony product types.
In addition, Systemonic will provide Sony enhanced access to its
technology and products. Sony has also made an equity investment
in Systemonic as a result of this agreement.
Technologie Beteiligungs Gesellschaft (tbg) M.B.H.'s business is
based on the idea to co-invest with other (lead) investors. Using
this plan, tbg was founded in 1989 to stimulate the ramp-up of the
German venture capital market and to bootstrap high-tech startups
to successful operations. TBG's business concept is to only invest
into new ventures in case private or institutional venture capital
has been committed at the same or higher level. This concept has
shown to be very successful: tbg has committed DM 1.6B for more
than 1300 high-tech startups since it began operations in 1989.
Two thirds of the investments were made into startups that were
younger than 3 years. This way tbg has been able to mobilize more
than DM 3B together with lead investors to create more than 10000
jobs and more than a dozen IPO's on Germany's Neuer Market.
Raytheon Commercial Ventures, Inc. (RCVI) is a wholly owned subsidiary
of the Raytheon Company dedicated to the commercialization of Raytheon's
technologies and capabilities developed by Raytheon in support of
its core businesses. RCVI's focus is creating value for the Raytheon
shareholders by creating and spinning off new companies based on
Raytheon developed technologies and by offering those technologies
to existing companies. Raytheon is known for innovation in solving
a wide range of technology and engineering challenges.