Portfolio Press Release
Sarvega Secures Investment from Blueprint Ventures and Intel Capital; Investment to help Web Services Infrastructure Company Expand Market Segment Penetration
January 19, 2004 —Sarvega™, Inc. today announced that Blueprint Ventures and Intel Capital have invested in the company. Sarvega, a leading provider of web services infrastructure solutions, has received more than $20 million to date from venture capital firms including Bessemer Venture Partners, ComVentures, and InterWest Partners, as well as one of Chicago's largest venture funds, KB Partners.
Sarvega's hardware-based web services infrastructure solutions, the Sarvega's XPE(TM) appliance and XRE(TM) blade, have been deployed in Global 1000 companies and governments around the world. Both the XPE and XRE family are built on Sarvega's patent-pending core technology, XML EventStream(TM) Operating System (XESOS(TM)), which addresses all facets of XML Web Services processing from XSL Transformation to XML/Web Services security. This approach has enabled Sarvega's products to offer customers significant financial savings while delivering order-of-magnitude performance improvements.
About Blueprint Ventures
Blueprint Ventures is a venture capital firm focused on IT infrastructure. The firm backs industry-leading entrepreneurs and helps them achieve industry-leading positions. The firm believes that the cyclical evolution of IT infrastructure technologies will fuel and accelerate the long-term growth of the economy.
About Intel Capital
Intel Capital, Intel's strategic investment program, focuses on making equity investments and acquisitions to grow the Internet economy in support of Intel's strategic interests. Intel Capital invests in hardware, software and services companies in several market segments, including computing, networking, and wireless communications. For more information, visit www.intel.com/capital.
About Sarvega
Sarvega, Inc. (www.sarvega.com) is a leader in developing and delivering web services infrastructure solutions that deliver high performance in the processing of XML while reducing capital and operating costs.
Sarvega, Sarvega XPE, XRE, XML EventStream, XESOS and XESOS Studio are trademarks of Sarvega, Inc. All other names are trademarks of their respective companies.