Founded in 1998, SOFTonNET is a privately-held, profitable company with a five-fold increase in revenue projected for 2001 ($15 million). SOFTonNET secured first-round funding from STIC, LG Electronics, and Bokwang, a venture capital firm in Korea. SOFTonNET, headquarted in Silicon Valley, maintains operations in Japan and Korea. SOFTonNET was named Best New Venture in 1999 by the Korean Ministry of Information Technology. As the established leader in application streaming technology in Asia, SOFTonNET is well-positioned to bring its unique technology to U.S. customers.
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