Enterprise Software - Friday, May 5, 2006
Space Cowboy To Launch AJAX to Database Platform
Radar Networks, a developer of a Java-based semantic applications platform for building Web 2.0 services, raised $4.84M in Series A, funded by Leapfrog Ventures and Vulcan Capital. Radar is in stealth mode, but the platform will provide a high-level environment for rapid development of database-driven applications with AJAX user-interfaces. The company is now developing applications on the platform for commercial release by the end of the year.
Radar was founded by Nova Spivack, who made a fortune as the co-founder EarthWeb, which had a spectacular IPO, but is now a fairly insignificant site owned by Jupiter Media. Spivak is a Boston Brahmin who moved west. He is the grandson of management saint Peter Drucker. Nova was featured on the Discovery Channel because he flew to the edge of space with the Russian Air Force and participate din zero-gravity training with the Russian space agency. He is an investor in Zero Gravity Corp.
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