NDG takes shot at the big time

NDG takes shot at the big time

Australian software company NDG is set to have its shot at the big time, setting up its first US office this week.

The developer of network and Internet management tools has secured "several million dollars" worth of venture capital backing from JMI Equity, NDG CEO Lou Schillaci told ARN here at Comdex.

It was Comdex last year where NDG really stepped into the limelight, collecting a Best of Comdex award, and this year's exhibition rounds off an extraordinary year for the Curtin University spin-off, Schillaci said.

Although NDG has had moderate success already on the global stage, it will be the venture capital backing that really makes the difference to the young developer, according to Schillaci. But just as important as the money are the connections and the access to expertise that venture capital backing will bring NDG, Schillaci said.

For example, John Moores, who is the founder of BMC Software and JMI Equity Fund, is now sitting on NDG's US Board of Directors.

"Unless you're funded, most companies in the US won't even talk to you," Schillaci said.

NDG is still looking to set up a distribution arrangement in Australia as it desperately wants to tap into the reseller channel. "They didn't want to talk to us when we were an Australian company; perhaps now they will that we're global!"

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