Rho Ventures: 2003 News

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VIEO Raises Just Under $15 Million
in Series B Funding

Adaptive Application Infrastructure Management Leader Prepares to Take AAIM Product to Market to Address Data Center Infrastructure Management Challenges

AUSTIN, TX
January 13, 2003

VIEO, Inc., the leader in Adaptive Application Infrastructure Management (AAIM), today announced that it has raised just under $15 million in Series B funding. Led by Rho Ventures, the investment also included the company's original investors Audax Group, Eyes of Texas Partners, Flagship Ventures, and TL Ventures. John Parker, a Venture Partner with Rho Capital, joins VIEO's Board of Directors. Parker has held Chief Information Officer and executive-level positions at Fortune 1000 companies such as SmithKline Beecham, Sea-Land Service, Inc., Squibb Corporation, Baxter Healthcare, and Corning, Inc. He received an M.B.A. from the Harvard Business School.

VIEO will use the investment to fund production, certification, marketing, business development and sales as it prepares to introduce its next generation AAIM product into the $12 billion infrastructure and systems management market. The breakthrough VIEO AAIM product ensures end-to-end business critical application certainty by intelligently measuring, analyzing, and affecting application resources. It is being touted as the leader among a new generation of infrastructure management products that enables the intelligent management of on-demand computing because of its innovative design and powerful Application Quality of Service (AQoS) management capabilities. Because the product is delivered via a secure appliance, it provides unprecedented visibility into application environments without overhead, priority access to and control over resources, insulation from configuration changes and failures, and maximum ease of deployment and use for significantly lower total cost of ownership.

"VIEO's AAIM product embodies the unique combination of innovation and pragmatism and it is quickly gaining recognition for shaping next-generation data center management solutions," said John Parker of Rho Ventures. "With the company's tremendous market vision, technical expertise, and world class management team, VIEO is poised to take advantage of the large market opportunity in infrastructure management solutions. We are thrilled to lead this investment and believe fully in VIEO's ability to execute on its bold vision."

"Despite a staggeringly poor economic climate, VIEO has been able to secure additional funding under very favorable terms. This is a testament to the momentum we've achieved in delivering on the vision of Adaptive Application Infrastructure Management," said Bob Fabbio, president and chief executive officer of VIEO. "We've garnered the support of industry analysts and thought leaders, and we're now gaining traction in Fortune 1000 data centers. With the support of new investors, we are prepared to expand our client base and move from development to customer deployment."

About VIEO
VIEO is the leader in Adaptive Application Infrastructure Management (AAIM) delivering a new class of management solution that assures Application Quality of Service (AQoS) to achieve business objectives. VIEO's AAIM product ensures end-to-end business critical application certainty by intelligently measuring, analyzing, and affecting application resources. It does so by becoming an integral part of the application environment through the unique marriage of application-aware networking technology and intelligent management software to achieve unmatched real-time visibility, instrumentation and control of the application's operational characteristics. With VIEO, the management of application environments now shifts from a tactical investment focused on technical issues to a strategic investment that optimizes business results. For more information, visit www.vieo.com.

About Rho Ventures
Rho Ventures has been an active participant in the U.S. venture capital sector since its inception in 1981. Venture capital funds under management currently exceed $1 billion. Rho Ventures has invested in over 125 venture stage companies and helped build industry leaders. Previous investments include Active Power (NASDAQ: ACPW), Capstone Turbine (NASDAQ: CPST), Ciena Corporation (NASDAQ: CIEN), Commerce One (NASDAQ: CMRC), Compaq Computer Corporation (NYSE: CPQ), Copper Mountain, Inc (NASDAQ: CMTN), Diversa Corporation (NASDAQ: DVSA), Human Genome Sciences, Inc. (NASDAQ: HGSI), MedImmune, Inc. (NASDAQ: MEDI), and Tripod (currently part of Lycos). Additional information can be found at www.rho.com.