Rick Burnes
781.768.6000
Email
Areas of greatest interest
Communications
Information services
Track Record
Concord Communications - IPO 1997, acquired by Computer Associates, 2007
Sonus Networks - IPO 2000, (Nasdaq: SONS)
Abacus Direct - IPO 1996, acquired by DoubleClick, 1999
Aptis - acquired by Northern Telecom, 1998
Prominet - acquired by Lucent Technologies, 1998
Summa Four - IPO 1993, acquired by Cisco, 1998
Cascade Communications - IPO 1994, Acquired by Ascend Communications, 1997
Chipcom - IPO 1991, acquired by 3Com, 1995
Epoch Systems - acquired by EMC, 1993
What he does for fun
Chairman, Boston Museum of Science
Chairman, The Entrepreneur’s Foundation of New England
Vice-Chair, Sea Education Association
Director, The Boston Foundation
Joined CRV
Co-founder of firm, 1970
Education
MBA, Boston University
BA, History, Harvard University
Current Projects
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Passport Corporation
Passport Corporation delivers mobile workforce management solutions that help companies enhance the productivity of front-line employees and the accountability of operations. Using Passport’s mobile software applications to track labor and manage jobs at the point of activity, companies gain accurate and timely information to improve costing, billing, payroll, compliance and resource management. Founded in 1990, Passport serves customers in manufacturing, logistics, energy, construction, facilities services and other industries with mobile or remote employees. For more information, visit http://www.passportcorp.com.
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Broadsoft
BroadSoft provides VoIP application software that enables the delivery of hosted telephony and multimedia services. Its award-winning flagship BroadWorks® technology empowers wireless, wireline and cable carriers to deliver next-generation voice and multimedia applications and advanced features that enable them to increase revenue, enhance competitive differentiation and elevate customer satisfaction. BroadSoft’s family of carrier-class software products delivers the scale, open architecture and reliability that the world’s leading telecommunications companies demand to serve mission-critical enterprise and residential broadband customers. BroadSoft provides VoIP applications to 7 of the top 10 and 13 of the top 25 largest carriers worldwide, as measured by recent annual revenue, including Korea Telecom, KPN, SingTel, Sprint, Telefonica de Espana, Telstra, T-Systems, and Verizon. For additional information, go to http://www.BroadSoft.com.
07/17/2007
BroadSoft Accepts $10 Million in Mezzanine Equity Financing more
Updates
Track Record