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After two years in stealth mode, Systinet Corp. is accelerating its effort to join the nebulously defined world of Web services.
Systinet, which develops and sells Web services infrastructure software, this month landed $21 million in funding from Warburg Pincus to create its sales team. It has now banked $23.3 milion.
The 80-person company, based in Cambridge, develops the tools that allow enterprises to build out the first wave of Web services enabling integration between applications within a company, its customers and partners using the Web.
Roman Stanek, a serial entrepreneur, founded the company in 1999 under the name Idoox.
Stanek, the founder and chief executive officer of NetBeans Inc., a software development company based in Czech Republic, which was acquired by Sun in October 1999, changed the name to Systinet concurrent with a $2.3 million seed round of funding.
The funding was led by...