VC_Software_Bluestone01

S_Bluestone

Company: Bluestone Software (NYSE: HWP)
Industry: Software Development Tools
Investors: Patricof & Co. Ventures, Inc., Adams Capital Management, GE Capital, Equity Capital Group, Van Wagoner Capital Management, Oppenheimer Wolff & Donnelly, Chelsey Capital Management, CSK Venture Capital (Japan), Essex Investment Management, Willow and Co., and RMG.

Bluestone Software was acquired by Hewlett Packard (NYSE:HWP) in January 2001. The mission of Bluestone Software is to provide their customers with leading edge Web application development and deployment technologies and help them apply these technologies to their businesses. Essentially, Bluestone Software products allow for the controlled exchange of enterprise information. The company enables enterprises to seamlessly integrate their business applications into a Web-centric environment and to smoothly and reliably manage information interactions. The Company completed its IPO on September 24, 1999 with Deutsche Bank Alex Brown acting as the lead underwriter.

www.hp.com