Jacobs Rimell Gets $10 Million Funding
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[London, ENGLAND] Jacobs Rimell, the technology consultancy for service suppliers that claims to offer its employees a "fun alternative to corporate life," has raised $10 million of private funding.
Employing around 80 staff at its offices in the U.K. and California, Jacobs Rimell plans to use the money in its development of provisioning and management products for ISPs, cable TV companies and application service providers.
Making the investment are Advent International and Fidelity Ventures. Advent International partner John Bernstein will be joining the board of Jacobs Rimell as a result.
David Jacobs, co-founder and chief executive officer, called the funding round a "defining and exciting moment in the history of Jacobs Rimell."
John Bernstein said that Jacobs Rimell had a market-leading product which addresses what he called the key issue faced by innovative service providers today: provisioning and managing multiple services on multiple platforms in "Internet time."
The consultants and developers at Jacobs Rimell have special expertise in Internet and Internet-related technologies, including LDAP/X.500 directory systems; LDAP servers; RADIUS servers; Firewalls; E-mail and Web services; Set top box and cable Internet infrastructures; DHCP; DNS; Frame Relay, ATM, router and X.25 based networks; and other Web technologies such as Java and CORBA.
Based on LDAP directory and CORBA technologies, Jacobs Rimell's APS is a provisioning product for service providers that can be scaled to over 100 million users.
Despite, or perhaps because of all the high-tech demands placed on its employees, the company says: "Working at Jacobs Rimell is a vibrant, challenging, informal and fun alternative to corporate life."