Company Profile: iPass Inc.

Location: 650 Castro St., Suite 500, Mountain View, Calif. 94041Telephone: (650) 237-7300Web: www.ipass.comNiche: Provides worldwide access to corporate networks for the price of a local phone callWhy it's worth watching: IPass promises to let IT managers scrap the modem bank and still offer mobile users scalable, secure access.

Company officer: Michael Mansouri, chairman and CEOCompany goal: IPass is planning an initial public offering during the first half of this year.

Milestones:

- October 1996: Company is founded, Internet roaming product is released- July 1997: Corporate access product is released- June 1999: Mansouri replaces co-founder Chris Moore as CEO- December 1999: Third-round financingEmployees: 80; growing 25% per yearBurn money: $21 million from Accel Partners, Asia Pacific Ventures, Crosspoint Ventures, Intel Corp. and Meritech in the recent round of funding.

Services: Clearinghouse services

Customers: Intershop Communication Inc., Ncube, PSINet Inc. and GTE Corp.

Partners: More than 650 Internet providers, Cisco Systems Inc., Nortel Networks and 3Com Corp. have signed with iPass.

Red flags for IT:

- Potential rivals include companies that already own a lot of wires - think AT&T Corp. If the big carriers decide to enter the market, iPass could be in trouble.

- Someone who owns a lot of satellites - think Iridium LLC - might decide to enter the market.

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

More about 3Com AustraliaAccel GroupAT&TCiscoGTEIntelIntershopiPassIridiumnCubeNortel NetworksPSINet

Show Comments
[]