Communications - Friday, July 28, 2006
Ex MSFT Big Shot Paul Maritz's Start-up Pi Raises $9.4M
Pi Corp., a 2-year-old Kirkland software company led by former Microsoft big man on campus Paul Maritz has just closed another round of financing -- $9.4M in Series B.
PI recently made news by acquiring Smart Desktop, a startup that was spun out of the Intelligent Information Systems Laboratory at Oregon State University. Smart Desktop, which is keeping its brand, is led by former Visio and Autodesk executive John Forbes.
PI seems to be a major undertaking - two years in the making and it has not yet launched, although it is in private beta. Pi stands for "Personal Information." The company creates online services for individuals to gather, share and organize information, organize it from any web-based device.
Pi users are not required to set up servers, explicitly copy or upload information, or surrender control of their personal information to an online hosting company.
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