CenterBoard Completes First Round of Funding; Announces Executive Management Team

Nov 14, 2003


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CenterBoard, a provider of enterprise information integration (EII) solutions, has secured $6 million in a first round of financing from Bay Partners, Woodside Fund, and Siemens Venture Capital. The company combines network and database technologies in an effort to offer right-time access to information regardless of what format it is stored in and where it is located.  CenterBoard's technology was originally designed and deployed by the US Army to control troops and assets in the battlefield in 1999.

CenterBoard has also announced its executive management team. Founder Thomas Henn, previously president and CEO of Cloudscape, will serve as CenterBoard's president and CEO. Founder Glen Livingston has been named vice president, worldwide sales and service. He will be responsible for CenterBoard's sales and customer and partner relationships. Michael Moody has been named VP, engineering, and will head CenterBoard's engineering development, quality assurance, and operations. Founder Julio C. Navas, Ph.D., will serve as CTO. Navas is the principal architect of the CenterBoard technology and has seven full patents pending. He began the development of the CenterBoard technology at the Siemens Technology-To-Business Center, leading the "Network as Database" project and successfully spinning out the technology into CenterBoard. Jennifer Nance Stagnaro has been named CenterBoard's Chief Marketing Officer.

(http://www.centerboard.com)