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Technology Stocks : Marimba, Inc. (MRBA) -- Ignore unavailable to you. Want to Upgrade?

To: Risky Business who wrote (92)	5/2/1999 9:12:00 AM
From: puborectalis	Read Replies (1) \| Respond to of 240

Marimba, Inc. Overview \| News \| Officers & Employees \| Location & Subsidiaries \| Products/Operations \| Competitors & Industry \| Financials \| Search OVERVIEW Marimba's notes have been both sweet and sour. The Mountain View, California-based company's Castanet software lets information technology professionals deliver and update PC applications over the Internet, LANs, or WANs from a central location. The one-time Silicon Valley glamour company counts Seagate and Charles Schwab among clients using its products to provide services over the Web. Netscape (acquired by America Online in 1999) resells Castanet and accounts for almost 25% of Marimba's sales. Co-founders Kim Polese (CEO), Arthur van Hoff (chief technology officer), and engineers Jonathan Payne and Sami Shaio each own about 13% of the company. Venture capital firm Kleiner Perkins Caufield & Byers owns 15%. Founded in January 1996 by four former members of Sun Microsystems' Java programming language development team led by Polese, Marimba was named to reflect Polese's love of dance and her belief the word suggests movement and life. The foursome left Sun just as Java was garnering attention, and as the spotlight on Java grew, it also focused on the developers and their new venture. Polese became so well-known that she was dubbed the "Madonna of Silicon Valley." High profile but without a product, Marimba received $4 million from Kleiner Perkins. After months of speculation about what the company would sell, Marimba announced in October 1996 it would develop push technology, a distribution method that sends content to users based on their stated interests or buying habits. Push was hailed as the next big thing in Internet technology and marketing. In 1997 Compaq, PeopleSoft, and other companies invested $14.5 million in Marimba. However, push hit the skids when it overloaded networks. Clients, instead, put marketing money into their Web sites rather than Marimba's software. Marimba abandoned the content delivery market and struggled to reinvent itself, losing marketing staff and going through two public relations firms in the process. Reemerging as a provider of business applications, the company signed deals with Ingram Micro and FedEx later that year, and with Sun Microsystems and Home Depot in 1998. Marimba filed to go public in February 1999. Company Rankings (CorpTech) NEWS & COMMENTARY Company Press Releases Current News for Marimba Archived News about Marimba More News OFFICERS & EMPLOYEES President and CEO: Kim K. Polese, age 37, $130,000 pay Chief Technology Officer: Arthur A. van Hoff , age 35 EVP Worldwide Sales and COO: Steven P. Williams, age 35, $250,000 pay (prior to promotion) VP Business Development: Thomas E. Banahan, age 40, $225,000 pay VP Engineering: Robert E. Currie, age 31, $137,000 pay VP Finance and CFO: Fred M. Gerson , age 48, $165,000 pay VP Marketing: Jacqueline Ross, age 41 Senior Engineer: Jonathan Payne, age 34 Senior Engineer: Sami Shaio, age 35 Auditors: Ernst & Young LLP 1998 Employees: 145 (Company Job Openings) 1-Yr. Employee Growth: 190.0% LOCATION & SUBSIDIARIES Headquarters: 440 Clyde Ave., Mountain View, CA 94043 Phone: 650-930-5282 Fax: 650-930-5600 Web Site: marimba.com Marimba has offices in the UK and the US. PRODUCTS/OPERATIONS 1998 Sales $ mil. % of total Licenses 14.0 82 Services 3.1 18 Total 17.1 100 Products Castanet Infrastructure Suite Client (Castanet Tuner) Server (Castanet Transmitter) Castanet Management Suite Client customization (Castanet Tuner Packager) Copying (Castanet Channel Copier) Reporting (Castanet Transmitter Reporter) Server management (Castanet Transmitter Administrator) Castanet Production Suite Application installation (Castanet Publisher) Application preparation (Castanet Application Packagers) Castanet Toolkits (for creating self-updating applications) Services Customer support Design Documentation Integration Project management Training and certification Customers Andersen Worldwide Charles Schwab Cisco Systems DaimlerChrysler EarthLink Network Ford Motor Company Fujitsu Guardian Life Insurance Hitachi Home Depot Ingram Micro Intuit Merck & Co. Samsung Seagate Technology Sun Microsystems Toshiba U S WEST Buy Dun & Bradstreet Business Reports Buy Experian Business Profiles Patents COMPETITORS & INDUSTRY INFORMATION BackWeb BMC Software Computer Associates Intel Microsoft Novadigm Sterling Commerce Tivoli Systems Wayfarer Communications Links go to Hoover's Company Profiles, or to Hoover's Company Capsules if no Profile is available. Hoover's Snapshots: Internet/Online Industry Computer Software Industry