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July 8, 1997updated 05 Sep 2016 12:26pm

NOVERA GETS SECOND ROUND OF VC FUNDING

By CBR Staff Writer

Novera Software Inc, the company with a Java network operating system to handle back-end service such as file, print and database access, as well as terminal emulation and legacy system integration, has gained its second round of funding with $4.7m raised this time. The money comes from Charles River Ventures, Matrix Partners and Sigma Partners’ John Mandile, the former president and CEO of Vermeer Technologies. Individual contributions also came from Paul Levine, former chairman of Pure Atria software, and Ron Nordin, former president and CEO of SQA, who joins the Novera board. This was Novera’s second contribution from Mandile, Charles River and Matrix. The company’s EPIC Enterprise Computing Platform is currently on version 1.2 and has attracted a lot of attention since the company introduced it last year. Novera told us earlier this year that its second round would be the last before an intial public offering. The company was not available yesterday for comment.

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