DEMO Applauds Past Demonstrators’ Successes
SOUTHBOROUGH, MA – November 1, 2007 – The annual DEMOfall conference closed last month to a packed crowd of industry influencers, having witnessed the launch of 69 important new technologies into the marketplace. Taking place twice each year, the DEMO technology conferences showcase the most compelling new products from across the spectrum of the IT market.
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"Participants at DEMOfall last month saw the debuts of everything from enterprise-class SaaS tools for small businesses to amazing new slot machine technology," said Chris Shipley, product analyst and executive producer of the DEMO conferences. "As proud as I am of the class of DEMOfall 07, I also have much to celebrate in the recent successes of demonstrators that have launched technologies over the last 17 years of DEMO."
In September and October, several past demonstrator companies announced impressive new milestones, including:
— VMware (DEMO 1999 and DEMO 2003), maker of server and desktop
virtualization software, disclosed the results of its initial public
offering. VMware raised just over $1 billion from sales of Class A
stock in its IPO and $218.3 million for the sale of stock to Intel
prior to the IPO. VMware's sales in the quarter ended September 30 were
$357.8 million, up 90 percent from a year ago. VMware is one of the
fastest growing software companies of all time.
— Eloqua Corp. (DEMO 2004), which supplies automated demand generation
applications for business-to-business marketers, recently announced $23
million in Series C funding. Eloqua says it will use the money to
support the company's "rapid customer growth, extend its worldwide
adoption, … and to continue innovating for current customers across
a range of vertical markets and industries."
— Wireless mesh network vendor Firetide (DEMOmobile 2003) recently
announced securing $14.4 million in Series D financing. The company
says it will use the funds to "further its global business strategy and
to respond to growing market demand for its real-time video
surveillance and mobile infrastructure solutions."
— Voltage Security (DEMO 2004) recently announced raising $12 million in
Series D financing. The company said the new funds "will drive further
investment in new product development, as well as fund supporting sales
and marketing initiatives." Voltage Security offers a
security-as-a-service solution that provides information encryption in
a subscription-based pricing model.
— Zink Imaging (DEMO 07) has raised $25 million for its inkless printing
technology. Zink completed its purchase of Konica Minolta's
manufacturing facility in North Carolina in July, which will enable
Zink to speed up production of paper for its print process.
— 4INFO (DEMOfall 2006) announced the launch of its expanded free text
message service for NFL scores, teams and player statistics. The
service gives college and pro football fans the chance to receive
alerts on their cell phones, including game scores, team schedules,
possessions, ball location, down and distance, turnovers and player
— Zoho (DEMO 2007) stepped confidently into the enterprise software
market with the beta launch of its Zoho Business suite of online office
applications. Zoho's Business offering includes domain management, an
admin console, multi-tiered security privileges, remote back-up and
— EverEZ Systems Limited, which launched EverDesk Optima at DEMOfall
2005, was awarded a U.S. patent for its integrated email and file