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SpikeSource – Profile

October 13, 2004

spikesource.bmp
HQ: Menlo Park, CA
Founded: May 2003 and out of stealth in October 2004
Management: Late-90’s software “it-girl” Kim Polese is CEO and ex-Oracle heavy Ray Lane is Chairman. David Stutz, “Musician,” is on the advisory board – this has geek cred written all over it.
Investors: Kleiner Perkins incubated the deal – terms undisclosed.
Business Model: Company offers a range of services to corporations using open-source software. Services include support and product certification and consulting for IT geeks during the application development and installation process. SpikeSource plans to launch a beta of its services for the LAMP and LAMPJ “stacks” of open-source software by the end of the year.
Competitors: SourceLabs
Dirt: The idea here is that corporations love the concept of using open-source software, but they need someone to hold their hands. Ms. Polese will attract some good press, but what we really like about this deal is Ray “I can open doors” Lane. If he decides to act as a hands-on Chairman, SpikeSource should have no problem assembling a sterling list of beta customers. We wonder what the pricing model looks like and, by extension, how big the opportunity is.

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