Funding
enables
IdeaBlade
to
capitalize
on
emerging
demand
for
productivity
tools
that
simplify
the
implementation
of
Microsoft
.NET
applications.
Emeryville,
Calif.
- September
27,
2005
- IdeaBlade
Corporation,
a leading
provider
of
innovative
developer
productivity
suites
and
middleware
for
the
Microsoft
.NET
environment,
today
announced
the
completion
of
its
first
institutional
financing
round.
The
round
is
led
by
Convergence
Partners,
a Silicon
Valley
venture
capital
firm
and
includes
the
participation
of
several
prominent
individual
investors.
The
infusion
of
capital
will
be
used
to
accelerate
market
adoption
of
IdeaBlade.s
breakthrough
Productivity
Suite
for
the
Microsoft
.NET
Framework.
Ideablade.s
solutions
dramatically
accelerate
time
to
market
by
reducing
the
cost
and
complexity
of
building
competitive
Microsoft
.NET
applications.
In
addition,
IdeaBlade
greatly
simplifies
the
implementation
of
Microsoft
Smart
Client
applications.
Microsoft
Smart
Clients
combine
the
power
and
richness
of
desktop
applications
with
the
availability
of
thin
client
Internet
applications.
"IdeaBlade
is
positioned
to
become
the
unquestionable
leader
in
middleware
and
productivity
tools
for
developing
Microsoft
.NET
enterprise
applications,"
explained
Eric
Di
Benedetto,
general
partner
at
Convergence
Partners.
An
early
adopter
of
IdeaBlade
technology
is
Broadlane,
a provider
of
business
services
to
the
healthcare
industry.
Broadlane
required
a version
of
their
application
that
offered
a rich
user
interface,
and
competitive
pressures
required
them
to
be
up
and
running
in
weeks,
not
months.
IdeaBlade
gave
them
the
time
to
market
advantage
they
needed.
"IdeaBlade
made
it
extraordinarily
easy
to
adopt
the
Microsoft
.NET
Framework
and
achieve
immediate
success
for
business
users
with
our
.NET
applications,"
said
Mike
Howell,
V.P.,
Architecture
and
Policy.
Also
participating
in
the
financing
round
is
Robb
Wilmot,
the
former
ICL
CEO.
Wilmot
is
an
accomplished
private
investor
with
a history
of
successful
startup
investments
including
7 IPO.s
and
9 strategic
acquisitions.
This
is
not
the
first
time
Wilmot
has
teamed
with
Albert
Wang,
cofounder
and
CEO
of
IdeaBlade.
VXtreme,
Wilmot.s
previous
investment
with
Wang,
sold
to
Microsoft
in
1997
and
is
now
a core
technology
in
the
Windows
Media
Player.
"Albert
is
a brilliant
entrepreneur
who
has
a keen
sense
of
the
market
and
what
innovations
will
have
commercial
success,"
said
Wilmot.
"Many
ISVs
and
corporations
are
struggling
to
move
to
the
next
generation
of
web
services
based
applications
and
they
will
need
the
kind
of
productivity
tools
that
only
IdeaBlade
provides."
"IdeaBlade
is
going
through
a tremendously
exciting
phase
in
its
development,"
said
Albert
Wang.
"In
the
last
few
months,
thousands
of
new
users
have
adopted
our
technologies,
we
have
assembled
a visionary
advisory
board,
and
now
we
have
the
financial
backing
that
will
accelerate
our
growth
and
secure
our
market
leadership
position."
About
IdeaBlade's
Products
IdeaBlade
Productivity
Suite
includes
the
following
components.
- Business
Object
Server
-
A
middle-tier
server
that
deploys
business
objects
in
an
n-tier
environment
and
allows
enterprises
to
easily
build
scalable
and
secure
Internet
applications
that
also
work
off-line.
- Object-Relational
Mapping
(ORM)
- A
set
of
data
access
libraries
that
provide
an
objectoriented
interface
to
databases,
eliminating
the
requirement
for
developers
to
write
complex
SQL
queries.
- Object
User-interface
Mapping
- A
model-view-controller
architecture
that
synchronizes
business
objects
to
the
user
interface
and
eliminates
the
need
for
complex
event
driven
code,
while
providing
error
free
and
consistent
data
throughout
the
application.
- RAD
Productivity
Tools
- A
comprehensive
end-to-end
set
of
tools
fully
integrated
with
Microsoft
Visual
Studio
that
provides
a
seamless
development
environment,
enabling
developers
to
easily
create
business
objects
and
data
driven
user
interfaces.
IdeaBlade
also
offers
IdeaBlade-Lite,
a free
version
of
its
development
suite
for
basic
client/server
applications.
It
can
be
downloaded
at
www.ideablade.com.
###
Product
and
company
names
herein
may
be
trademarks
of
their
registered
owners.
About
IdeaBlade
IdeaBlade
Corporation
provides
a Productivity
Suite
for
the
Microsoft
.NET
Framework.
IdeaBlade's
solutions
dramatically
accelerate
time
to
market
by
reducing
the
cost
and
complexity
of
building
competitive
Microsoft
.NET
applications.
Solutions
built
with
IdeaBlade
have
been
deployed
by
numerous
independent
software
vendors
(ISVs)
and
enterprises
in
many
industries
including:
healthcare,
insurance,
finance,
education,
agriculture,
biotechnology,
and
business
services.
Founded
in
2001,
backed
by
Convergence
Partners
and
other
prominent
investors,
IdeaBlade
is
a Microsoft
Certified
Partner
and
member
of
the
Visual
Studio
Industry
Partner
(VSIP)
program.
More
information
on
IdeaBlade
products
and
services
is
available
at
www.ideablade.com. |
