Portfolio Company, Games2Win featured in VentureBeat
October 22, 2008
Games2win to be entertainment powerhouse; firm outwits pirates, launches game search engine

 

 

 

 

 

 

 

 

If I told you that a game company you’ve never heard of will be a top ten entertainment company in 2009, you’d probably laugh. But that’s the ambition of Alok Kejriwal, chief executive of Games2win, and his cofounder and chief technology officer, Mahesh Khambadkone.

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Portfolio Company, Games2Win profiled on TechCrunch
October 22, 2008
Games2Win Launches Game Curry, A Search Engine For Flash Games
by Jason Kincaid on October 22, 2008

India-based company Games2Win has flown largely under the radar of the American press, but has managed to established itself as one of the web’s fastest growing gaming sites in less than a year. The company was founded by entrepreneur Alok Kejriwal along with seasoned gaming professional Mahesh Khambadkone in June 2007, and now counts around 6 million monthly users with a worldwide distribution.

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Entrepreneurial spaces less than $10 mn attract few VC Investors
August 28, 2007
The India-focused investment team for Clearstone Venture Partners says dealmaking has been slow because the bar has been kept high
The India-focused investment team for venture capital (VC) investor—Clearstone Venture Partners—comprises Rahul Khanna and Sumant Mandal. Clearstone has two offices in California and one in Mumbai. The firm has $650 million (Rs2,665 crore) in committed capital under management, focuses on technology companies—notably in the Internet and wireless spaces, and currently is investing in India from its global Clearstone Fund III.
 
Silicon Valley's New Leaders Coming From Overseas
January 4, 2007
VALLEY'S NEW LEADERS COMING FROM OVERSEAS. Sudhakar Muddu left everything familiar in his homeland of India in 1990 to attend Yale University on a post-graduate scholarship. He later worked for IBM and Silicon Graphics. Remainder of article at the link below (free, but requires registration):
Managing Director, Jim Armstrong, Interviewed by socalTECH.com
April 5, 2006
Managing Director, Jim Armstrong, interviewed by Flashwire Weekly
April 3, 2006
Midas List 2006
January 26, 2006
The Midas List seeks to identify individuals who deploy venture capital to create wealth for their investors and build valuable, long-lasting companies. Our ranking formula ignores the original amount invested in a deal (as it is often undisclosed), instead weighing most heavily the market capitalization of a venture-backed company at the close of its first day of trading, or the purchase price in an acquisition. A lesser weight is given to the change in value of each investment since going public or being sold.

Ranking also depends on a candidate's length of involvement and depth of influence at a startup. Only tech and life sciences companies that have gone public or been acquired within the past five years are considered. Our results are based on extensive reporting and surveys sent to 800 professionals, including angels, bankers, lawyers, recruiters and venture capitalists.

See the list >
Managing Director, Jim Armstrong, featured in Investor's Business Daily
January 20, 2006
Senior Venture Partner, Vish Mishra quoted in Red Herring from his panel discussion on "How to Successfully Invest in India and China" at the 2005 IBF Early Stage Venture Investing Conference
October 22, 2005
Portfolio company, Meru Networks featured in Information Week
July 18, 2005
Portfolio company, Meru Networks wins Networld Interop 2005 award
May 9, 2005

Solution Works With Existing WLAN Environment, Enterprise Applications, and Handsets

MOUNTAIN VIEW, Calif., April 17, 2006- DiVitas Networks today announced that it is entering the enterprise communications market with a new class of unified mobile communications solutions that extends the reach of the enterprise by providing seamless roaming between WiFi and cellular networks. DiVitas' solution works in any WLAN environment, with any PBX, and over any type of fixed, mobile, or wireless network; it also integrates with business and communications applications. A privately held company, DiVitas has raised $8 million in Series A funding from Clearstone Venture Partners and other private investors. DiVitas is headquartered in Mountain View, California, and has an office in Bangalore, India.

DiVitas was founded by president and CEO Vivek Khuller and CTO Venkat Kalkunte. Khuller was previously a venture partner at Clearstone Venture Partners, entrepreneur in residence at Matrix Partners, and an executive at Sycamore Networks and Verizon. Kalkunte formerly worked at Cisco, and was founding engineer of Transmedia Communications, which Cisco purchased in 1999. He also worked at Alteon, Stratacom, and other technology companies.

"Today's enterprise workers want to stay connected with their customers and colleagues, yet more than 70 percent of them don't have access to mobile solutions," said Khuller. "Enterprises have had to rely on disparate, costly, and unreliable approaches, including cellular and wireless VoIP. DiVitas' unified solutions let enterprise users stay connected and stay engaged, and put the enterprise in control of its mobile communications at a cost that will enable it to mobilize all workers."

"Convergence is now the core driving force in the evolution of communications - both wired and wireless," said Craig Mathias, a Principal with the wireless and mobile advisory firm Farpoint Group. "The idea is to provision a common set of services across a variety of networks, from cellular to wireless LANs to landlines. DiVitas is positioning themselves for leadership in this very exciting space."

DiVitas Addresses Gap in Market

DiVitas addresses a major gap in the communications market-the lack of a mobility solution for the full scope of enterprise workers and functions. Cellular is ubiquitous but expensive and device driven, and cannot be managed by the enterprise. Wireless VoIP has limited reach, performance, and device support. Neither addresses the need of enterprises to control communications, hand off Wi-Fi-cell calls seamlessly, and integrate applications with communications. As a result, mobile communications has limited penetration in enterprises. Enterprises pay for mobile voice service for far fewer than half of their employees, and the number of those employees with mobile email is even smaller.

"Clearstone sees a tremendous market opportunity for enterprise mobility solutions, and DiVitas is the first company to take advantage of it by letting enterprise being in control," said Sumant Mandal , a member of DiVitas' board and managing director at Clearstone. "By delivering voice, text, and enterprise applications on one handset, the DiVitas platform promises to cut down on voice mails and missed calls and greatly improve end users' productivity."

The DiVitas solution works in every network environment, whether it is cellular, WiFi, Internet/IP WAN, or wireline, and with every type of mobile phone, including dual-mode phones, WLAN phones, cellular phones, smartphones, and softphones. The company's solution also serves as an application platform for enhanced communications such as CRM, assuring end users of their presence and participation in business operations, irrespective of the underlying network.

Because enterprises own the DiVitas solution, administrators can control and manage communications centrally, without having to depend on service providers. End users need only one wireless handset to access voice, email, and applications as they roam between enterprise and cellular networks, giving them the type of "presence" previously unavailable with mobile communications.

DiVitas Solutions Interoperate with Mobile Phones, Networks

To make it easy for enterprises to adopt its solutions, DiVitas plans to conduct interoperability tests with a range of ecosystem vendors to ensure that the DiVitas solution works in every network environment, with every type of handset, and with every PBX. The company will announce interoperability with a range of wireless LAN, handset and IP/PBX partners.

"Symbol's wireless LAN solutions enable enterprises to cost-effectively increase penetration of mobile voice and data solutions. With the availability of dual-mode phones such as Symbol's MC70, which work both over WiFi and cellular networks, users can be accessible and productive beyond the four walls of the enterprise," said Chris McGugan, senior director of marketing at Symbol Technologies' wireless infrastructure division. "Symbol is closely working with DiVitas to develop end-to-end seamless voice and application handoff solutions for the enterprise across wireless LAN and cellular networks."

About DiVitas

DiVitas Networks is developing a new class of enterprise appliance that provides seamless voice and data mobility over disparate networks to all enterprise employees by taking advantage of disruptive technologies such as WiFi, the Internet, and dual-mode phones. DiVitas is the first company that enables such mobility while giving enterprises complete control of the system. The DiVitas solution enables seamless roaming and WiFi-cellular handoff and extends enterprise security, management, and cost control to mobile communications. End users are assured of their presence and participation in business operations, irrespective of the underlying network, whether it is cellular, WiFi, Internet/IP WAN, or wireline. Headquartered in Mountain View, California, DiVitas Networks is backed by Clearstone Venture Partners. More information is available at http://www.divitas.com .

Article in Red Herring featuring the close of Clearstone's Fund III
April 26, 2005
NetworkWorldFusion Article including quotes from Clearstone Managing Director, William Quigley
March 18, 2005
PC Magazine reviews most recent product offering from portfolio company, Good Technology
March 4, 2005
Broadband Business Forecast story featuring portfolio company, SiNett
September 7, 2004