United Devices, a distributed computing startup, hauled in $18.2 million in second-round funding last week.
United Devices, a distributed computing startup, hauled in $18.2 million in second-round funding last week. Lead investors were Constellation Ventures and GE Capital; others included AOL Time Warner, Intel Capital and Sonys 550 Digital Media Ventures. The Austin, Texas, company, whose technology harnesses idle PC resources across networks, will ramp up sales and marketing efforts.
IPlanet, the joint venture of Sun Microsystems and Netscape Communications, is pushing integration of Web services with its IPlanet Integration Server B2B Edition server. The server supports the Java Messaging Service protocol and the Simple Object Access Protocol for transmitting data or coded instructions in an XML envelope. The server is due in late September, at $100,000.
Palm Hires OS Boss
Palm hired David C. Nagel as president and CEO of its Palm OS division, which the company plans to separate into a wholly owned subsidiary by years end. Nagel, 56, previously was AT&Ts chief technology officer and president of AT&T Labs. He replaces Alan Kessler, who resigned last month as general manager of the Palm OS group.