Enterprise software company Neomar Inc.
announced second-round financing of $15 million from Clearstone
Venture Partners (formerly idealab Capital Partners) this week.
Neomar's product line is focused on Internet, intranet and corporate
applications to mobile professionals.
"Clearstone's investment is a validation of our business strategy
and the growing interest in wireless in the enterprise. It also
reflects Clearstone's confidence in our ability to execute," said
William R. "Butch" Winters, CEO of San Francisco-based Neomar.
The investment follows and supports the development of Neomar's
second generation of products, which includes the Neomar Enterprise
Solution. The software offers corporate clients end-to-end secure
wireless delivery of enterprise data, and includes tools to manage
the most popular wireless smart devices, including those
manufactured by Research In Motion Ltd. (RIM), and Palm, Inc., as
well as those based on Microsoft's Pocket PC platform.
The Enterprise Solution Suite includes server software for
deployment behind the enterprise firewall (Neomar Enterprise
Server), software for smart wireless devices (Neomar Microbrowser),
and proxy software for wireless service providers (Neomar's Secure
Enterprise Router Proxy). Utilizing Certicom's advanced PKI security
technology on the Neomar Microbrowser, the Enterprise Solution Suite
is designed to let users access critical enterprise applications,
such as corporate data, supply chain management, sales force
automation, and customer relationship management, securely and
remotely in real-time.
"Neomar is the only company delivering an end-to-end solution
that directly targets the enterprise for management and secure
delivery of corporate and customer data to wireless devices, while
providing secure, timely access to information with a compelling
user experience," said Erik Lassila, Clearstone managing director,
who also just joined Neomar's Board of Directors.
Clearstone, with offices in Los Angeles and Menlo Park, invests
in early stage technology companies in the areas of software and
communications. The venture capital firm has nearly half a billion
dollars under management.