West Palm Beach, FLOpenNetwork Technologies, based in Clearwater, Florida is a developer of e-business
security software. The company's flagship product, DirectorySmart™, is
a proven platform for securing Web applications and defining, enforcing and
delegating e-business security policies across complex relationships of users.
"Silicon Valley Bank understands the needs of a technology company," said Kurt
Long, chief executive officer of OpenNetwork Technologies. "We are pleased to
be doing business with the Bank and look forward to a long relationship."
"Silicon Valley Bank has been wanting to work with OpenNetwork for quite awhile,
so we are more than pleased to have now established a relationship with them,"
said Jeff White, manager of Silicon Valley Bank's Florida office. "OpenNetwork's
founder and CEO, Kurt Long, has done a tremendous job growing the company and
raising professional capital, even amid current market conditions."
About OpenNetwork Technologies
OpenNetwork Technologies® develops, markets and sells security infrastructure
software to businesses with increasingly large numbers of online users. The
company's flagship product, DirectorySmart™, is a proven platform for securing
Web applications and defining, enforcing and delegating e-business security
policies across complex business relationships. By integrating role-based policy
management, Web access control and delegated authority into one comprehensive
and easy-to-deploy product, DirectorySmart enables companies to bring their
e-business initiatives to market quickly and scale to millions of users without
incremental costs.
Headquartered in Clearwater, Fla., OpenNetwork has offices across the United
States and in Europe and partners with leading e-business service providers,
including BEA, IBM, Microsoft, Vignette, iPlanet, and RSA. For more information
about OpenNetwork Technologies and DirectorySmart, visit www.opennetwork.com,
send an e-mail to info@opennetwork.com
or call (877) 561-9500.
About Silicon Valley Bank
Silicon Valley Bank serves emerging growth and middle market companies in
targeted niches, focusing on technology and life sciences, while also addressing
other specific industries in which it can provide a higher level of service
and better manage credit through specialization and focus.
The Bank operates throughout the Silicon Valley: Santa Clara, Palo Alto and
Sand Hill, the center of the venture capital community in California. Other
regional offices within California include: Irvine, Los Angeles, Napa Valley,
San Diego, San Francisco, Santa Barbara, and Sonoma. Office locations outside
of California include: Phoenix, Arizona; Boulder, Colorado; West Palm Beach,
Florida; Atlanta, Georgia; Chicago, Illinois; Boston, Massachusetts; Minneapolis,
Minnesota; Durham, North Carolina; Portland, Oregon; Philadelphia, Pennsylvania;
Austin, Texas; Dallas, Texas; Northern Virginia; and Seattle, Washington.
SVB Contact: Andrea McGhee, (408) 654-3078, amcghee@svbank.com.