Announcement from prior venture raise for mobile CRM (Eba Systems)

1. Eba System accepts $1.2M Seed Funding http://web.archive.org/web/19991009223525/http://www.ebasy...
http://www.ebasystems.com/press1.html Go SEP OCT NOV Close
4 captures 9 Help
9 Oct 99 - 17 Oct 00 1998 1999 2000
Eba Systems accepts $1.2M Seed Funding from Labrador, Arete, and
Cordova Ventures
Mobile Enterprise Server Company Targeting Enterprise Market
Atlanta, GA March 17, 1999
Eba Systems, Inc., the mobile enterprise server company, today announced the acceptance of $1.2M in seed
funding commitments from Labrador Ventures of Redwood City, CA. in collaboration with Arete Ventures and
Cordova Ventures of Atlanta, GA. Stuart Davidson, Managing Director of Labrador and Nelson Chu, Senior
Associate of Arete will both serve on the company's Board of Directors.
The mobile enterprise server market addresses the deployment of corporate applications on palmtop, wireless
and mobile devices over the Intranet or Internet. Eba Systems is the first software and services company
committed to delivering and managing the online workflow between heterogeneous applications for mobile
platforms.
"Eba has created a distinctive approach to mobile computing that we've not seen in the marketplace," remarked
Davidson. "Eba's design for online mobile workflow, support for wireless communications, as well as cross-
application capability uniquely positions company to help organizations deploy sales force, customer service and
other applications to small cost-effective devices".
"A new category of software application is required that allows mobile computing users to access multiple
corporate applications without rewriting front-ends, just as webservers empowered PC's to access heterogeneous
data sources," said Tim Jones, Eba Systems President. "Eba has attracted a worldclass team to address this
opportunity in mobile computing."
According to the Red Herring, two of the most important trends for the post-PC world include support for
ubiquitous palmtop devices and wireless applications, both of which the Company addresses with its solutions.
The Company was a featured presenter at the Red Herring Venture Market South conference held March 16-17
in Atlanta, GA. The Company has also been accepted to the Advanced Technology Development Center incubator
program at the Georgia Center for Advanced Telecommunications and Technology.
The Company will use this round of funding to continue development of the Eba Mobile Server. The Company will
maintain facilities in both Atlanta, GA and San Francisco, CA. For more information, contact Eba Systems at 250
14th St., NW, 4th Floor, Atlanta, GA 30318; phone (404) 313 3863; fax (404) 894 5712. Information can also be
obtained by emailing info@ebasystems.com.
Contact:
Eba Systems
Tim Jones, President
404-313-3863 or 415-553-8790
tjones@ebasystems.com
www.ebasystems.com
Labrador Ventures Arete Ventures Cordova Ventures
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2. Eba System accepts $1.2M Seed Funding http://web.archive.org/web/19991009223525/http://www.ebasy...
Go SEP OCT NOV Close
Stuart Davidson
4 captures Nelson Chu Frank Dalton 9 Help
9 Oct 99 - 17 Oct 00 1998 1999 2000
Managing Director Senior Associate Partner
(650) 366-6000 (770) 399-1671 (678) 942-0305
sdavidson@labrador.com nchu@areteventures.com fd@cordovaventures.com
2 of 2 11/9/11 9:54 PM