Zantaz’s $375M payday, and its unfortunate back-story
Zantaz, an email archiving software firm, saw a $375 million happy ending this week, when it was purchased by Autonomy, a company that gives major companies a search engine for their Web sites. The details are here.
However, Zantaz, of Pleasanton, Calif. has one of those depressing Silicon Valley back-stories too, where despite the founder’s hard work, he ends up with almost nothing. It includes ComVentures, a valley venture capital firm which has somehow managed to… Continue Reading