Jacobs Rimell Gets $10 Million Funding

[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.”

“We plan to utilize the funds to continue our aggressive development
of Internet operations support technologies and services for our
customers around the world,” said Jacobs.

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.”