Tag Archives: Corporation

DotNetNuke Corporation Raises Series A Capital

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Seattle, Washington (PRWEB) November 25, 2008

DotNetNuke Corporation, trusted creator and steward of the most successful open source web application framework for the Microsoft technology platform, today announced that it has secured Series A financing from top tier Silicon Valley venture firms, August Capital and Sierra Ventures. The new funds will be used to accelerate product development and expand marketing, sales and support infrastructure to meet the growing enterprise demand for DotNetNuke® products and services.

The financing follows a period of impressive growth for DotNetNuke Corporation, whose core DotNetNuke product offering has achieved unparalleled professional acceptance in small, medium and enterprise Microsoft environments. Downloaded more than 5.6 million times to date, DotNetNuke’s level of adoption exceeds that of any web application framework on any platform. DotNetNuke Corporation has driven innovation in the open source arena through continued development of the DotNetNuke product, a consistent and balanced approach to community ideals and commercialization, and the forging of key relationships with respected companies including Microsoft Corporation.

“We have seen that open source software is changing the face of the established business applications industry. It is clear to us that DotNetNuke has the right team, the right product and the market momentum to become a dominant company.” says Vivek Mehra, General Partner at August Capital, who joins the Company’s Board of Directors, “We are excited to work with them as they take the next step on their journey.”

“This initial funding comes at a key juncture for DotNetNuke Corporation, as the use of DotNetNuke continues to accelerate and we must scale to meet the needs of our rapidly growing community and ecosystem,” said Shaun Walker, Chief Architect of DotNetNuke Corporation and original creator of DotNetNuke. “With an impressive track record of growing early stage companies into market leaders, August Capital and Sierra Ventures represent valuable partners and resources for DotNetNuke Corporation. We look forward to working closely with these firms to build on our past success and strengthen our position in the Microsoft ecosystem.”

“We believe DotNetNuke® is leading the next generation of interactive web development – effectively breaking open a whole new model for web application deployments. The team has effectively combined commercially critical licensing and support structure with an extensive open source community to make a market changing technology platform,” said Tim Guleri, Managing Director, Sierra Ventures. “This is an ideal early stage investment opportunity for Sierra, and well suited to our background and focus on disruptive technology that has broad market appeal – we are excited about this investment.”

About DotNetNuke Corporation

Our mission is to create opportunities and spread entrepreneurship to the world by providing a superior open source web application framework which cultivates a passionate developer community as well as a prosperous commercial ecosystem. DotNetNuke® is an open source web application framework ideal for creating, deploying and managing interactive web, intranet and extranet sites. With a rapidly growing community of over 630,000 registered users, a legion of dedicated professional developers, and an active commercial ecosystem, DotNetNuke® continues to strengthen its leadership position on the Microsoft platform. For more information, please visit: www.dotnetnuke.com

About August Capital

Founded in 1995, August Capital has funded an extraordinary group of entrepreneurs who have built significant, long-term value across the full range of information technologies. These companies represent an aggregate market capitalization of well over 0 billion, generate in excess of billion in annual revenue around the world. This success is a testament to the entrepreneurs themselves, as well as the fundamental technologies they have created. August Capital has .3 billion under management, and has invested in more than 75 companies including Atheros, Cobalt Networks, Iridigm, Mismosa Systems, Postini, Seagate, Shopping.com, SixApart and Silicon Image. Recent investments range from 0,000 to 0 million in information technology businesses from semiconductors to ecommerce. The firm’s partners have previously invested in a number of ground breaking technology companies, including Actel, Adaptec, Compaq, Grand Junction, Intuit, Linear Technology, Microsoft, MMC Networks, Skype, Sun Microsystems, Sybase, Symantec, and Visio. August Capital is located in Menlo Park, California. For more information, please visit: www.augustcap.com .

About Sierra Ventures

Sierra Ventures has managed nine venture capital partnerships and currently has more than .5 billion of capital under management. Some of the firm’s investments include 360Commerce (acquired by Oracle), Active Software (acquired by WebMethods), AmeriGroup (AGP), Centex (acquired by WorldCom), AuthenTec Inc. (AUTH), ConvergeNet (acquired by Dell), FatBrain (acquired by Barnes & Noble), Frontbridge (acquired by Microsoft), Healtheon (merged with WebMD), Interact Commerce (acquired by Sage), Intuit (INTU), Micromuse (acquired by IBM), OnAssignment (ASGN), OnLink (acquired by Siebel), Quinta (acquired by Seagate), StrataCom (acquired by Cisco), Sourcefire (FIRE), Sychip (acquired by Murata Corporation), Teradata (acquired by NCR).

DotNetNuke® and DNN® are registered trademarks of DotNetNuke Corporation.

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DotNetNuke Corporation Appoints New CEO

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Santa Clara, California (PRWEB) December 2, 2008

DotNetNuke Corporation today announced the appointment of Navin Nagiah as its Chief Executive Officer. Nagiah, previously CEO of CIGNEX Technologies, will succeed co-founder Nik Kalyani in this role. Coming on the heels of the company’s recent Series A funding announcement, Nagiah will also join DotNetNuke creator and Chief Architect Shaun Walker on the company’s re-organized Board of Directors. Kalyani will continue to focus on product innovation as Director of Products and Strategy.

“We are pleased to have Navin come aboard as CEO,” Kalyani said. “In the past year, he has been our business advisor and has helped us immensely in shaping our business strategy. Navin’s experience with open source software and enterprise customers combined with strategic insights will be essential as DotNetNuke Corporation focuses on building a profitable business,” he said.

“DotNetNuke has disrupted the Microsoft technology landscape,” Nagiah said. “This is an outstanding company that I feel privileged to join; equally importantly this is an incredible community with very talented leadership,” he added. “I look forward to working with the team at DotNetNuke Corporation and the community in creating both a stellar company, and an unrivalled commercial ecosystem that benefits all its participants — customers, users, system integrators, module vendors, skin designers and hosting providers.”

“The next step for us is to expand our already large and thriving commercial eco-system by opening new markets and creating scalable new business opportunities,” Walker said. “We are confident Navin’s appointment is the right first step in that direction.”

Nagiah, brings over 15 years experience as a business executive to the company, of which over 10 years have been as a CEO and/or General Manager in software/technology companies. He has extensive experience converting ideas to products, taking products to market and to profitability in the US, UK, China, India and Southeast Asia. Prior to CIGNEX, Nagiah’s most recent positions held include CEO of Xisource, Inc. and Managing Director (Asia) for Internet Securities, Inc. (a Euromoney Company; LSE: ERM).

About DotNetNuke Corporation

Our mission is to create opportunities and spread entrepreneurship to the world by providing a superior open source web application framework which cultivates a passionate developer community as well as a prosperous commercial ecosystem. DotNetNuke® is an open source web application framework ideal for creating, deploying and managing interactive web, intranet and extranet sites. With a rapidly growing community of over 630,000 registered users, a legion of dedicated professional developers, and an active commercial ecosystem, DotNetNuke® continues to strengthen its leadership position on the Microsoft platform.

More information at www.dotnetnuke.com

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DotNetNuke Corporation Launches the DotNetNuke

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Seattle, WA (PRWEB) February 8, 2008

DotNetNuke Corporation is proud to announce the establishment of the DotNetNuke Forge, a premier destination for open source collaboration on the DotNetNuke® platform. Providing unparalled access to community developed and maintained platform extensions such as Modules, Skins, and Providers, the DotNetNuke® Forge further cultivates the rich developer ecosystem through its highly accessible project directory and robust project management tools.

DotNetNuke Corporation is proud to partner with Microsoft’s CodePlex to provide access to a world class infrastructure for managing open source projects. CodePlex offers advanced tools including a robust source code repository based on Microsoft Team Foundation Server, issue tracking, discussions forums, project team management, and free hosting services for project downloads.

“The DotNetNuke Forge allows the DotNetNuke community to openly share their knowledge with other users,” says Shaun Walker, Co-Founder and Chief Architect of DotNetNuke Corporation. “It is the destination for developers and designers to manage and distribute their work; systems integrators to find new extensions; and users to see what exciting new functionality is available within the ecosystem. I expect to see an explosion of innovative new features developed and released by the community in 2008.”

The DotNetNuke Forge is facilitated and managed by DotNetNuke Corporation, maintaining a highly professional, intuitively organized, and easily accessible project directory. Visit this collaborative environment at http://forge.dotnetnuke.com. Support for the DotNetNuke Forge is also provided by Microsoft CodePlex, Microsoft’s open source project hosting web site.

About DotNetNuke®

“Our mission is to create opportunities and spread entrepreneurship to the world by providing a superior open source web application framework which cultivates a passionate developer community as well as a prosperous commercial ecosystem.”

DotNetNuke is an open source web application framework ideal for creating, deploying and managing interactive web, intranet and extranet sites. Based on its liberal open source licensing model, DotNetNuke has become the Microsoft industry standard framework for constructing enterprise web applications. The mass appeal of the open source model is largely based on the fact that it reduces the total cost of ownership and increases flexibility, factors which are crucial to the success of any organization. The exponential growth of the project ecosystem is a testament to the fact that the application satisfies the broadest set of customer requirements, and has the most innovative and committed management team. For the past 5 years, DotNetNuke’s capabilities have been aggressively driven by community feedback, strategic partnerships, and market demand.

The DotNetNuke project was founded on pure open source ideals. These principles permeate every aspect of the project and are fundamental to its business philosophy. At its core, DotNetNuke believes that every organization, company, or individual should have access to high quality, functional software under the most liberal license possible, regardless of their industry focus, geographical location, culture, resources, technical aptitude, or financial capabilities. But the freedom does not stop there. DotNetNuke believes that its valued members should have the right to participate in premium service programs which are focused on their specific needs. The combination of these influences provides the basis for a strong and healthy core foundation, resulting in a vibrant community ecosystem that is ultimately supported “by the people, for the people.”

For more information, visit http://www.dotnetnuke.com or http://www.dotnetnukecorp.com

DotNetNuke® and DNN® are registered trademarks of DotNetNuke Corporation. All other registered and unregistered trademarks in this document are the sole property of their respective owners.

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DotNetNuke

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Seattle, Wash. (PRWEB) July 19, 2007

DotNetNuke® ( www.dotnetnuke.com ) further strengthened its international reputation as a dominant Open Source project on the Microsoft platform with today’s public announcement of DotNetNuke OpenForce Europe ’07 Conference scheduled for September 17-18, 2007.

“OpenForce Europe is a major achievement for DotNetNuke,” said Shaun Walker, CEO of DotNetNuke Corporation. “With more than 60-percent of our registered user base residing outside of North America, this conference is a testimonial to the international adoption of the DotNetNuke platform and evidence of the incredible community support we enjoy worldwide.”

The OpenForce Europe conference will be held in the Papendal conference center in Arnhem, The Netherlands, and be co-located with the Software Development Conference. OpenForce Europe will be co-produced by DotNetNuke Corporation and the Software Developer Network (official organizers of the Software Development Conference) and conference attendees will be free to attend any of the scheduled conference sessions at either event. The Software Development Conference is an extremely popular event for European software developers using Microsoft technologies, and is currently celebrating its 16th consecutive year.

OpenForce Europe will feature leading European DotNetNuke experts as well as special international guests, including Founders of DotNetNuke Corporation. Attendees will learn about advanced DotNetNuke development methodologies, content management, web design, localization, and a wide array of DotNetNuke business opportunities.

“OpenForce Europe is an outstanding opportunity for the Software Development Conference,” said Remi Caron, President of the Software Developer Network, “We are excited to officially partner with DotNetNuke Corporation to create the premiere European event for DotNetNuke developers.”

For more information about OpenForce Europe ’07, visit http://www.openforce07.com

About DotNetNuke®

“Our mission is to create opportunities and spread entrepreneurship to the world by providing a superior open source web application framework which cultivates a passionate developer community as well as a prosperous commercial ecosystem.”

DotNetNuke is an open source web application framework ideal for creating, deploying and managing interactive web, intranet and extranet sites. Based on its liberal open source licensing model, DotNetNuke has become the Microsoft industry standard framework for constructing enterprise web applications. The mass appeal of the open source model is largely based on the fact that it reduces the total cost of ownership and increases flexibility, factors which are crucial to the success of any organization. The exponential growth of the project ecosystem is a testament to the fact that the application satisfies the broadest set of customer requirements, and has the most innovative and committed management team. For the past 4 years, DotNetNuke’s capabilities have been aggressively driven by community feedback, strategic partnerships, and market demand.

The DotNetNuke project was founded on pure open source ideals. These principles permeate every aspect of the project and are fundamental to its business philosophy. At its core, DotNetNuke believes that every organization, company, or individual should have access to high quality, functional software under the most liberal license possible, regardless of their industry focus, geographical location, culture, resources, technical aptitude, or financial capabilities. But the freedom does not stop there. DotNetNuke believes that its valued members should have the right to participate in premium service programs which are focused on their specific needs. The combination of these influences provides the basis for a strong and healthy core foundation, resulting in a vibrant community ecosystem that is ultimately supported “by the people, for the people.”

For more information, visit http://www.dotnetnuke.com

For modules, skins and DotNetNuke-related products, visit http://marketplace.dotnetnuke.com

DotNetNuke® and DNN® are registered trademarks of DotNetNuke Corporation. All other registered and unregistered trademarks in this document are the sole property of their respective owners.

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