Next Generation
Investment Projects

Open Source Software: Reaching Critical Mass
By Larry Cheng,
Wellesley, MA

The Overlooked Opportunity in B2B: Collaboration in the Design Space
By Ken Elefant
San Mateo, CA

Who's Arming the Sell Side?
By Madhu Tadikonda,
San Mateo, CA

The Next Generation CSO
By Neeraj Agrawal,
Wellesley, MA

 

Welcome to the second edition of the Battery Charger, a quarterly newsletter covering new developments within the Software/e-Business Group at Battery Ventures. If you have any general questions about the Group, please contact Mark Sherman at sherman@battery.com or Ravi Mohan at ravi@battery.com. If you would like to unsubscribe to this newsletter, please e-mail charger@battery.com.

Please note that the Battery Charger covers only developments within the Software/e-Business Group. The other half of Battery, the Communications Group, specializes in investment opportunities in communications equipment and services companies. To learn more about the Communications Group, please visit our website at www.battery.com.

 
Next Generation Investing
There are many investment initiatives underway at the Software/e-Business and B2B Group as we look for investment opportunities both in new markets and technologies and also familiar areas where we have a proven expertise. If you know of any companies, management teams, or opportunities for strategic partnership in any of the areas below, please contact the project leader.

Open Source Software: Reaching Critical Mass
By Larry Cheng, Wellesley, MA

It would be safe to say that everyone reading this newsletter is in some way relying on open source software. It is impacting our daily lives, and some, if not most, of the best software being developed today is developed in an open source fashion. Open source has reached critical mass and is an important trend for all in the broader software community to understand. Please click here to view the article...

The Overlooked Opportunity in B2B: Collaboration in the Design Space
By Ken Elefant, San Mateo, CA

Ariba and CommerceOne are the leaders in procuring a Bill of Materials (BOM), Agile is a leader of managing a complex BOM, but who is the leader of creating a BOM? CAD and PDM vendors partake in parts of this process, but no vendor has created a solution that allows collaboration between disparate members of the supply chain for the creation of the BOM. In this article, we investigate the different players in the market and highlight the current holes in the marketplace. Please click here to view the article...

Who's Arming the Sell Side?
By Madhu Tadikonda, San Mateo, CA

Until recently, the "buy-side" of e-commerce held the spotlight, with stars Ariba and Commerce One at center stage. Now, market interest in the long-neglected "sell-side" of e-commerce has been increasing, as numerous firms are vying to help bring suppliers on-line. Finding attractive investment opportunities in this complex and confusing market requires creative insight. Please click here to view the article...

The Next Generation CSO
By Neeraj Agrawal , Wellesley, MA

A confluence of factors is driving a renewed emphasis on information security. Many Global 2000 corporations are expanding security budgets and empowering a focused executive, the Chief Security Officer, to manage this mission-critical area. Savvy start-ups will take advantage of this macro trend and deliver creative products and services targeted to this high-growth sector. Please click here to view the article...

 
environment


The New Old Economy:
What to Expect in 2001

Ollie Curme, Battery's head of the Software/e-Business Group, discusses the current investing environment.
Please click here to view the article...

 
 

A Q&A session with a new face at Battery: Venture Partner Rich Moore
Please click here to view the article...

 

Recent Investments

   
 
Battery has recently made investments in two exciting companies in the peer-to-peer and open source areas. We would be very interested to hear about any potential partners, clients, or executive hires for these companies - please contact the individual mentioned below.
 
 
 

In January 2001, Battery invested $8MM out of a $13MM round in OpenCola. OpenCola is a peer-to-peer software company that has produced a revolutionary distributed search technology called OpenCola Smart Folders. This application is based on a platform and protocol invented by OpenCola, and it runs on Linux and Windows. Version 1.0 of OpenCola Smart Folders will be released at the O'Reilly Peer-to-Peer conference, which will be held in San Francisco February 14 through 16, 2001. For more information, contact Larry Cheng at larry@battery.com.

 

 

 

 

 

In November 2000, Battery Ventures and Charles River Ventures co-led a $15MM round of financing in Ximian (formerly known as Helix Code). Ximian is leading the development of the GNOME project, a graphical desktop environment for Linux and UNIX platforms. The company is also leading the development of Evolution, an integrated mail, calendar and contact manager; and Red Carpet, a graphical software updating system that makes it easy for Linux and Unix desktop users to maintain the software on their desktop. Ximian will be marketing a suite of Internet-based services to their users. Scott Tobin from Battery Ventures and Ted Dintersmith from Charles River Ventures have joined the Board of Directors of Ximian. For more information, please contact Larry Cheng at larry@battery.com.

 

 
 

Battery's Foray into Peer-to-Peer

Over a year ago, Battery Ventures embarked on a substantial effort to understand the emergence of peer networks and distributed computing. Over that time, in typical Battery fashion, we've seen over 100 companies in this space. We are pleased to announce that that effort has culminated in an investment in OpenCola. We are leading a $13MM Series B investment round with Mosaic Ventures (Series A investor) and Torstar Corporation, owner of Harlequin Books and other leading media properties. OpenCola is a peer-to-peer software company with offices in San Francisco and Toronto. OpenCola employs more than 50 people. We recently sat down with Grad Conn, CEO of OpenCola, to hear him tell the OpenCola story. Please click here to view the article...

 
 
 

John
Abraham

Neeraj
Agrawal


Michael
Brown

Larry
Cheng

Ollie
Curme


Ken
Elefant


Julieann
Esper

Cornel
Faucher


Rachel
Greenblatt

Jodi Sherman Jahic

Vikram
Kashyap

Evan
Liang

Ravi
Mohan

Rich
Moore

Ezra
Perlman

Mark
Sherman

Benjamin
Stingle

Madhu
Tadikonda

 
 

Press Releases:

Battery Ventures Appoints New Venture Partners for e-Business and Recruitment

Vastera Announces Initial Public Offering

News Articles:

Akamai Stresses Need for Solid Investor Pacts
From Knowledge@Wharton
Special to CNET News.com
January 1, 2001, 4:00 a.m. PT

Searching for Disruptive Technologies
Yahoo! FinanceVision
November 14, 2000

Five Questions for Ollie Curme
The New York Post
November 13, 2000