|
Prime Focus remains on finding money - from both Bridge Finance Investors, as well as investors for full funding of $3m (for US & Europe launch) or $6m (for global launch in most of the 167 WTO countries).
Related documents can be found on the documents page. Competitor overview.
We are currently pursuing --- (this info will be presented in a different format shortly):
- Hunt Ventures - Arkoma Ventures - Joel Fontenot - via StarTech
(visited 4/25/03; so Joel does represent both, confirms he has no link with Mirage in Austin - another StarTech investment - and we are continuing the dialogue)
- Athena Ventures / Perry Ha, and Robert Tomkinson - via Ruth
(Robert seems interested, submitted 2 responses to detail questions on 5/7/2003; waiting for feedback - 5/12/03)
- Storm Ventures / Ryan Floyd and Tim Danford - via Ruth
(conference call held Friday; they are skeptical and want due diligence. See Updates. Waiting for reply from Peter Loethberg in Sweden)
- US Venture Partners, Geoff Baehr - via Ruth
(received feedback, several issues to address, working with Ruth to define best strategy)
- Sloan Ventures in Detroit - via Eric
(conference call with Chris Cameron on Friday 5/16/03 went very well, he is now reading up on details, next discussion in the following week)
- Gary Rieschel, Mobius - via Ruth
(ES sent, waiting for response - we had previous contact with Brad Feld, who is also a managing partner at Mobius)
- Fast Angels (quick seed funding; submitted ES 5/7/2003) - lead via Ruth
- Vicky Heller - via Peter Jessen
(Vickys mother died, call postponed to this week, but it appears this week is also bad for her, according to Peter)
- Roy Plattel, CEO of 1st Legal - via Matt (scheduling next call for Tuesday, 5/20/03 )
- John McHale, Vicky Irwin (SANS Alerts), Marc Willebeek-LeMair of Tipping Point in Austin - via Boni
(they are interested to meet end of May/early June so they can take a full day; Boni is trying to get them in earlier; they asked for patent copies before they even met us, which we find unusual - and of course cannot do)
- Mr. Thys K. Biu (for Vietnamese Airlines) - via Jonathan Albrecht
(waiting for response; 5/12/03: Jonathan is following up with him)
- Defense Information Systems Agency (DISA) - via SPOCK
(waiting to schedule next conference call)
- CIA - In-Q-Tel Funding Arm - referred by Ruth (waiting for feedback)
- 3i Deutschland (HQ in London, member of the FTSE 100 and Euro Top 300, about)
- via Thomas > Andy > Christopher Wolff (Lupus, who works for West LB, the fully-owned commercial subsidiary of Landesbank NRW, the state bank for the state of Northrhine Weatfalia. WestLB has a total asset base of Euro 338 billion = $390 billion, almost as big as Commerzbank) (we should hear from them early this week)
- Marc Cuban - via Matt (and his neighbor who works with Cuban, no progress)
- George Buddy Macatee - referral from Bennett Miller 5/5/2003
(George sent our information to two investors, waiting for feedback since)
- we have a bunch more to go on... today!
Licensing Opportunities:
- Secure Computing - integration into SideWinder - via Matt (waiting for them building internal consensus on how they want to work with us - due this week)
- Panda Software (Spain) - join effort to develop Anti-Virus iSecure version - via Matt
(waiting for scheduling a demo in Bilbao, Spain; German team on stand-by)
- Tipping Point - loose discussions about integration in their product - via Boni
(pending Bonis contact to them on this subject, other than investment)
- ISS - reseller/licensing possibility - via Matt (conf call completed, waiting for ISS to propose how to work together, follow-up next week.)
Money Finders / Middlemen:
Investors / Funds / VC which passed on us or were unsuccessful to raise funding (to avoid duplicate efforts): (this list to be completed)
- VCs
- Money Finders / Middle-Men
- COPS Banker, Jim MacLeod, Denver (required upfront fees, high commission)
- Robert Adams, Detroit (unable to raise funds)
- Bob Cringely (no follow-through)
- Tim Sanders, The Final Mile - via Bryan Kidd (concluded it is out of the range of his expertise)
- Seed & Angel Investors
- Chris Anderson, Knucklehead Group in Atlanta (cant decide)
- Jay Lorenzi, Startech Mentor, Richardson/Dallas (lacks funds)
- Robert Mueller (no explanation)
- Group in Coppell, Texas (lack of funds)
|