Gnodal
Gnodal was a computer networking company headquartered in Bristol, UK. The company designed and sold network switches for datacenter, high-performance computing and high-frequency trading environments. Gnodal's products were based on its own Peta ASIC, which was the basis of a family of 1RU and 2RU 10 Gigabit Ethernet low latency switches, including the GS7200 switch. Gnodal's products ran a Linux-based network operating system, GnoS OS), which was based on Aricent's ISS product. Corporate history Gnodal was founded in March 2007 by Fred Homewood, Tony Ford, Jon Beecroft, David Hewson and Ed Turner (all formerly of Quadrics), Matt Hatch joined the founding group in July 2007. The company was funded by this group until April 2008, then receiving £1.1m seed funding from Adrian Beecroft (former CIO of Apax Partners), NESTA, South West Ventures Fund and Finance South West Growth Fund (both managed at the time by YFM). Will Leonard (formerly at Xyratex) was appointed as a non-e ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Quadrics (company)
Quadrics was a supercomputer company formed in 1996 as a joint venture between Alenia Spazio and the technical team from Meiko Scientific. They produced hardware and software for clustering commodity computer systems into massively parallel systems. Their highpoint was in June 2003 when six out of the ten fastest supercomputers in the world were based on Quadrics' interconnect. They officially closed on June 29, 2009. Company history The Quadrics name was first used in 1993 for a commercialized version of the APE100 SIMD parallel computer produced by Alenia Spazio and originally developed by INFN, the Italian National Institute of Nuclear Physics. In 1996, a new Alenia subsidiary, Quadrics Supercomputers World (QSW) was formed, based in Bristol, UK and Rome, Italy, inheriting the Quadrics SIMD product line and the Meiko CS-2 massively parallel supercomputer architecture. In 2002 the company name was shortened to be simply Quadrics. Initially, the new company focussed on the ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on '' Forbes'' survey of closely held U.S. businesses sold a trillion dollars' worth of goods and services ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Linux
Linux ( or ) is a family of open-source Unix-like operating systems based on the Linux kernel, an operating system kernel first released on September 17, 1991, by Linus Torvalds. Linux is typically packaged as a Linux distribution, which includes the kernel and supporting system software and libraries, many of which are provided by the GNU Project. Many Linux distributions use the word "Linux" in their name, but the Free Software Foundation uses the name "GNU/Linux" to emphasize the importance of GNU software, causing some controversy. Popular Linux distributions include Debian, Fedora Linux, and Ubuntu, the latter of which itself consists of many different distributions and modifications, including Lubuntu and Xubuntu. Commercial distributions include Red Hat Enterprise Linux and SUSE Linux Enterprise. Desktop Linux distributions include a windowing system such as X11 or Wayland, and a desktop environment such as GNOME or KDE Plasma. Distributions intended for ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Series A Round
A series A round (also known as series A financing or series A investment) is the name typically given to a company's first significant round of venture capital financing. The name refers to the class of preferred stock sold to investors in exchange for their investment. It is usually the first series of stock after the common stock and common stock options issued to company founders, employees, friends and family and angel investors. Series A rounds are traditionally a critical stage in the funding of new companies. Series A investors typically purchase 10% to 30% of the company. The capital raised during a series A is usually intended to capitalize the company for 6 months to 2 years as it develops its products, performs initial marketing and branding, hires its initial employees, and otherwise undertakes early stage business operations. It may be followed by more rounds ( Series B, Series C, etc). Sources of capital Because there are no public exchanges listing their ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Enterprise Capital Fund
Enterprise Capital Funds are financial schemes established by the Department for Business, Innovation and Skills (BIS) in the United Kingdom to address a market weakness in the provision of equity finance to UK small and medium enterprises (SMEs). Government funding is used alongside private sector funds to establish funds that operate within the "equity gap"; targeting investments of up to £5 million that have the potential to provide a good commercial return. The first five funds supported under the scheme were launched in 2006-7 following a pathfinder competition. A further three funds were awarded ECF status in 2007. As of November 2019, 29 ECFs have been launched. Fund management As of 1 April 2008, responsibility for the management of ECFs along with BIS's other equity funds and the Small Firms Loan Guarantee (SFLG) was transferred to a new body, Capital for Enterprise Capital for Enterprise Limited (CfEL) was a limited company in the United Kingdom owned by the Departme ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Chairman
The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a Board of directors, board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the group, presides over meetings of the group, and conducts the group's business in an orderly fashion. In some organizations, the chairperson is also known as ''President (corporate title), president'' (or other title). In others, where a board appoints a president (or other title), the two terms are used for distinct positions. Also, the chairman term may be used in a neutral manner not directly implying the gender of the holder. Terminology Terms for the office and its holder include ''chair'', ''chairperson'', ''chairman'', ''chairwoman'', ''convenor'', ''facilitator'', ''moderator (town official), moderator'', ''president'', and ''presiding officer''. The chairperson of a parliamentary chamber is often called the ''Spe ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Non-executive Director
A non-executive director (abbreviated to non-exec, NED or NXD), independent director or external director is a member of the board of directors of a corporation, such as a company, cooperative or non-government organization, but not a member of the executive management team. They are not employees of the corporation or affiliated with it in any other way and are differentiated from executive directors, who are members of the board who also serve, or previously served, as executive managers of the corporation (most often as corporate officers). However they do have the same legal duties, responsibilities and potential liabilities as their executive counterparts. Non-executive directors provide independent oversight and serve on committees concerned with sensitive issues such as the pay of the executive directors and other senior managers; they are usually paid a fee for their services but are not regarded as employees. All directors should be capable of seeing corporate and busin ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Xyratex
Seagate Technology Holdings plc is an American data storage company. It was incorporated in 1978 as Shugart Technology and commenced business in 1979. Since 2010, the company has been incorporated in Dublin, Ireland, with operational headquarters in Fremont, California, United States. Seagate developed the first 5.25-inch hard disk drive (HDD), the 5-megabyte ST-506, in 1980. They were a major supplier in the microcomputer market during the 1980s, especially after the introduction of the IBM XT in 1983. Much of their growth has come through their acquisition of competitors. In 1989, Seagate acquired Control Data Corporation's Imprimis division, the makers of CDC's HDD products. Seagate acquired Conner Peripherals in 1996, Maxtor in 2006, and Samsung's HDD business in 2011. Today, Seagate, along with its competitor Western Digital, dominates the HDD market. History Founding as Shugart Technology Seagate Technology (then called Shugart Technology) was incorporated on Novem ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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NESTA
Nesta (formerly NESTA, National Endowment for Science, Technology and the Arts) is an innovation foundation based in the UK. The organisation acts through a combination of programmes, investment, policy and research, and the formation of partnerships to promote innovation across a broad range of sectors. Nesta was originally funded by a £250 million endowment from the UK National Lottery. The endowment is managed through a trust, and Nesta uses the interest from the trust to meet its charitable objects and to fund and support its projects. The charity is registered in England and Wales with charity no. 1144091 and in Scotland with no. SC042833. Nesta states its purpose is to bring bold ideas to life to change the world for good. History The old NESTA was set up in 1998 by an independent endowment in the United Kingdom established by an Act of Parliament, the National Lottery Act 1998. It had been a Labour Party manifesto promise. In 2002 it was awarded £95 million. ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Apax Partners
Apax Partners LLP is a British private equity firm, headquartered in London, England. The company also operates out of six other offices in New York, Hong Kong, Mumbai, Tel Aviv, Munich and Shanghai. As of December 2017, the firm, including its various predecessors, have raised approximately $51 billion (USD) since 1981. Apax Partners is one of the oldest and largest private equity firms operating on an international basis, ranked the fifteenth largest private equity firm globally. Apax invests exclusively in certain business sectors including: telecommunications, technology, retail and consumer products, healthcare and financial and business services. Looks for a target Enterprise Value of $1,000mm - $5,000mm. Apax raises capital for its investment funds through institutional investors including corporate and public pension funds, university and college endowments, foundations and fund of funds. One of the firm's co-founders, Alan Patricof, was an early investor in A ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Chief Investment Officer
The chief investment officer (CIO) is a job title for the board level head of investments within an organization. The CIO's purpose is to understand, manage, and monitor their organization's portfolio of assets, devise strategies for growth, act as the liaison with investors, and recognize and avoid serious risks, including those never before encountered. Usage in the United States of America According to a press release on October 22, 2008, the United States Department of the Treasury named James H. Lambright to serve as the interim chief investment officer for the Troubled Asset Relief Program. "He will provide counsel to Secretary Henry M. Paulson, Jr. and Interim Assistant Secretary for the Office of Financial Stability Neel Kashkari as they develop and implement the program." Whenever the role of the chief investment officer is active within an insurance company (either life or non-life) and/or pension fund, the role is to manage and coordinate the investment, liquidity (treas ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Adrian Beecroft
Paul Adrian Barlow Beecroft (born Yorkshire, 20 May 1947) is a British venture capitalist based in London. He was for many years Chief Investment Officer of the private equity group Apax. He was until recently Chairman of Dawn Capital. Among the companies in which Beecroft has personally invested are Mimecast and Insignis. Beecroft has donated more than £500,000 to the Conservative Party since 2006. Early life and education Adrian Beecroft was born and raised in Yorkshire. He studied at Hymers College in Hull. He graduated from Queen's College, Oxford with a first class honours degree in Physics in 1968 and is now an Honorary Fellow of the College. In 1976, he gained an MBA from Harvard Business School, where he studied as a Harkness Fellow. He graduated from Harvard as a Baker Scholar. Career Adrian Beecroft has an extensive career in venture capital and private equity, specialising in IT investments. He was the Chairman of the British Venture Capital Association in 1 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |