CITTIO, Inc. (extinct)

CITTIO, Inc. (extinct)

CITTIO, Inc. (extinct)

Overview
Date Founded

2001

Headquarters

667 Mission Street,4th floor,San Francisco, CA 94105

Type of Company

Private

Industries

Computer Software

Company Description

CITTIO, Inc. provides network monitoring and operations software solutions. Its software watchtower is based on java architecture, delivers software solutions, web server, an embedded database, and management portal. The company was founded by Jamie Lerner in 2001 and is headquartered in San Francisco, CA.

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CITTIO, Inc.
Recent Transactions
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Nimsoft, Inc. purchases CITTIO, Inc. from JK&B Management LLC, Hummer Winblad Operating Co. LLC

Investors
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Chief Executive Officer & President at Quantum Corp.

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JK&B Management focuses on investments in the communications, information technology and software sectors. They are typically the lead investor in their portfolio companies. The firm invests across all stages of a company's development.The firm seeks superior technologies that address the following criteria: the best of breed, fit the needs of the largest buyers, are high priority, have compelling rationale for large enterprises, integrate with existing systems and technologies, and are both attractive for acquisition and as a standalone entity that can IPO. In addition to an in-depth technology and market review, JK&B evaluates potential investments on more conventional dimensions such as depth and experience of the management team, clear, well-defined and executable business strategy and level of team experience with large-scale deployments.

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Hummer Winblad Operating Co. invests in start-up software companies. They look for companies with a large, underserved but growing and addressable market. Companies should also have a hard to duplicate, sustainable technology and a business model that works for both the target customers and the company. The firm invests at every stage of development from start-up to mezzanine.

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