BNET Industries
Market Cap:$29.3M
Last Fiscal Year Sales:$66.3M
- Public
- US
Dow Jones Description
Outsourced Marketing Services & Software
Founder & CEOMichael Silton
Number of Employees 1,100
Contact Information
900 E Hamilton Ave Ste 400
Campbell, California 95008-0670
(408) 626-3800
Peer Companies
NAICS Code Office Administrative Services: 561110
Recent Events
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Rainmaker Reports Fiscal 2009 First Quarter Financial Results
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Rainmaker to Announce First Quarter 2009 Financial Results on May 7, 2009
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Rainmaker Signs New Client Lawson Software to Three-Year Training Sales Agreement
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Rainmaker Signs Three-Year Renewal with TIBCO Software for Training Sales
News & Analysis
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rainmaker systems inc. - All News and Analysis
Rainmaker Systems Inc. Q4 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Thank you, sir. We will now begin the question-and-answer session. Operator Instructions Our first question comes from the line of Jon Maietta with Needham & Company. Please go ahead. Jonathan Maietta - Needham & Company Thank you very much. Hey, Michael, hey, Steve. First question I had...
Zacks.com Announces That Jim Oberweis Highlights the Following Stocks: Daktronics, Sigma Designs, Perficient, Rainmaker Systems and Zoltek
CHICAGO -- Jim Oberweis, editor of the Oberweis Report newsletter, says high-growth stocks are at the top of wish lists, and continues his discussion of the Oberweis Octagon. Read about Daktronics Inc. (Nasdaq: DAKT), Sigma Designs, Inc. (Nasdaq: SIGM), Perficient, Inc. (Nasdaq: PRFT), Rainmaker Systems, Inc. (Nasdaq: RMKR) and Zoltek...
Rainmaker Systems Files Registration Statement for Initial Public Offering
SCOTTS VALLEY, Calif.--BUSINESS WIRE--Oct. 18, 1999-- Rainmaker Systems, Inc. announced today that it has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of 5,000,000 shares of its common stock. The Company has granted the underwriters a 30-day option to purchase...
Additional Resources
Rainmaker Extends Lead Development Agreement With Fortune 500 Network Computing Client
Global Inbound Response Management for Lead Distribution CAMPBELL, Calif., June 1 /PRNewswire-FirstCall/ -- Rainmaker Systems, Inc. , a leading provider of sales and marketing solutions combining hosted application software and execution services, today announced a one-year extension of its lead development agreement with its Fortune 500 global...
Westell Technologies Appoints New Independent Director
AURORA, Ill. -- Westell Technologies, Inc. (NASDAQ: WSTL), a leading provider of broadband products, gateways and conferencing services, today announced that Martin Hernandez has been appointed to the...
Rainmaker Systems Extends Stock Repurchase Program
CAMPBELL, Calif., May 15 /PRNewswire-FirstCall/ -- Rainmaker Systems, Inc. , a leading provider of sales and marketing solutions combining hosted application software and execution services, today announced that its Board of Directors has extended the term of the Company's previously announced Stock Repurchase Program (the "Program") from July 31,...
Rainmaker Reports Fiscal 2009 First Quarter Financial Results
CAMPBELL, Calif., May 7 /PRNewswire-FirstCall/ -- Rainmaker Systems, Inc. , a leading provider of sales and marketing solutions combining hosted application software and execution services, today reported financial results for the first quarter ended March 31, 2009. First Quarter Financial Highlights: -- First quarter revenue...
Rainmaker to Announce First Quarter 2009 Financial Results on May 7, 2009
CAMPBELL, Calif., April 9 /PRNewswire-FirstCall/ -- Rainmaker Systems, Inc. , a leading provider of sales and marketing solutions combining hosted application software and execution services, will announce its fiscal 2009 first quarter financial results after the close of regular market trading on Thursday, May 7, 2009. A press...
Rainmaker Systems Inc. Review in Progress.
M2 PRESSWIRE-26 March 2008-Market Review: Rainmaker Systems Inc. Review in ProgressC1994-2008 M2 COMMUNICATIONS LTD RDATE:26032008 Streetinvesting.com has now resumed our progressive review of Rainmaker Systems Inc. (NASDAQ:RMKR) as it opened up $0.09 nearing its 52 week low of $2.39...
Has added Rainmaker Systems Inc. to their watch list.
M2 PRESSWIRE-12 March 2008-The Maybach Review: Has added Rainmaker Systems Inc. to their watch listC1994-2008 M2 COMMUNICATIONS LTD RDATE:12032008 Maybach Financial is a syndicate of financial informants representing a true investing experience. Taking research from financial consultants, brokers, researchers,...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Michael Silton | Founder & CEO |
| Kenneth Forbes | Cto & Vice President |
| Seth Romanow | CMO & Vice President |
| Steve Valenzuela | CFO, Secretary & Senior Vice President |
| Mark de la Vega | Senior Vice President, Products |
| Bill Davidheiser | Vice President, Engineering |
| Carmela Wong | Vice President, Marketing |
| Eric Anderson | Vice President, Worldwide Sales |
| Larry Norris | Vice President & General Manager |
| Moe Bawa | Vice President & General Manager, Client Services |
| Phil Johnson | Vice President, HR |
| Ritch Haselden | Vice President & General Manager, Client Services |
| Mike Smith | Managing Director, Asia |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Alok Mohan | Chairman |
| Bradford Peppard | Board of Directors |
| George A. De Urioste | Board of Directors |
| Mitchell Levy | Board of Directors |
| Robert Leff | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Rainmaker Systems Inc. | Founder & CEO | Current |
| Rainmaker Systems, Inc. | President, Chief Executive Officer and Director | Current |
| Rainmaker Systems Inc. | Board of Directors | Current |
| Rainmaker, Ltd. | CEO | Former |
| Rainmaker, Ltd. | Director | Former |
| Organization | Position | Status |
|---|---|---|
| Rainmaker Systems Inc. | Cto & Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Rainmaker Systems Inc. | CMO & Vice President | Current |
Steve Valenzuela directs all aspects of the company's financial operations and investor relations, including the management of accounting, finance and legal affairs. With over 28 years in the high technology sector, Steve has served companies ranging from startups to Fortune 500. He has deep experience in a wide range of areas, including company acquisitions, funding, and management of initial public offerings. Before joining Rainmaker, Steve served as the vice president of finance and CFO for the Thomas Kinkade Company, formerly Media Arts Group, a NYSE listed company. Previously, Steve held several CFO positions, including PlanetRx, where he led a successful $110 million IPO, and LinkExchange, where he negotiated an acquisition by Microsoft. Earlier in his career, Steve held financial leadership positions with high-tech companies such as Coherent, Tandem Computers, now part of Hewlett-Packard, and Intel.
| Organization | Position | Status |
|---|---|---|
| Rainmaker Systems, Inc. | Senior Vice President and Chief Financial Officer | Current |
| Rainmaker Systems Inc. | CFO, Secretary & Senior Vice President | Current |
| NeoMagic Corporation | Chairman | Current |
| The Thomas Kinkade Company | CFO | Former |
| Planetrx.Com | Chief Financial Officer | Former |
| LinkExchange, Inc. | Chief Financial Officer | Former |
| Planetrx.Com | Senior Vice President | Former |
| The Thomas Kinkade Company | Vice President, Finance | Former |
| Santa Clara University | MBA | Former |
| San Jose State University | BS degree in accounting | Former |
Mark is responsible for defining, developing and delivering a world class revenue delivery platform. He brings to Rainmaker a multi-faceted, fast-paced, leadership background with a track record of on-time delivery, gains in market share and bottom-line revenue. He has managed worldwide software and product organizations involved in a total array of business operations, including product marketing, product management, product development, quality assurance, technical documentation, project management, sales, SEs, PSO, alliances and customer support. Mark has demonstrated an exceptional technical grasp of, and leadership in, critical product development and information technologies. A synopsis of his technical experience includes work in the following areas: networking protocols, security, network and service management, application management, SFA, contact center applications and data analytics. Prior to joining Rainmaker, Mark was the Executive VP & General Manager, On-Demand Division, TeleTech Holdings, Inc, with full responsibilities for CRM in the SaaS market place. He was responsible for building out a newly hosted CRM division, leveraging existing investments in technologies, data infrastructure and contact center best practices while identifying new areas of opportunities of high growth. After a distinguished product development leadership career at Nortel and Amdocs, he was named President of the Amdocs Clarify/CRM Division with full P&L responsibilities in 2003. Mark started his career managing varied facets of software and technology with increasing responsibilities and breadth at Bay Networks, Cisco Systems, Novell, Network General, Network Systems and British Telecom.
| Organization | Position | Status |
|---|---|---|
| Rainmaker Systems Inc. | Senior Vice President, Products | Current |
| Organization | Position | Status |
|---|---|---|
| Rainmaker Systems Inc. | Vice President, Engineering | Current |
| Organization | Position | Status |
|---|---|---|
| Rainmaker Systems Inc. | Vice President, Marketing | Current |
Eric Anderson has responsibility for driving Rainmaker's global sales of lead development, online training, and service, subscription and warranty sales programs. Leveraging experience from his days as a pioneer in the area of service sales marketing, and deep expertise gained as an ongoing innovator in the market place, Eric is focused on the development of client acquisition sales teams that are rapidly acquiring new accounts, generating new business from existing customers, and leading the company into new target markets. With more than 15 years experience in sales, Eric's career reflects leadership in creating best-practice sales and marketing strategies in every area. In Rainmaker's early days, Eric managed the company's largest accounts, including SCO, Sun, Novell, Symantec, and Sybase. During that time he also developed an inside sales organization, established best practices and led a team of sales professionals fueling Rainmaker's IPO. Subsequently, as Vice President of Sales at Encover, Eric was responsible for developing and institutionalizing best practices in service contract sales and channel engagement strategies — and building inside sales, pre-sales and field sales organizations. During his tenure, Eric secured many major clients, created strong relationships with a wide range of companies, including Juniper Networks, Extreme Networks, Eastman Kodak and Xerox. Today, Eric is leading Rainmaker's sales teams that he has built on three core principles: domain expertise of market; business process expertise in selling services through all channels (direct, two-tier, and one tier); and a commitment to a proactive, client-centric, customer service that fosters long-lasting business relationships.
| Organization | Position | Status |
|---|---|---|
| Rainmaker Systems Inc. | Vice President, Worldwide Sales | Current |
| Organization | Position | Status |
|---|---|---|
| Rainmaker Systems Inc. | Vice President & General Manager | Current |
Moe Bawa directs the development and management of operations that integrate with Rainmaker's sales, data and marketing services for the company's strategic accounts. With over 17 year's experience in creating and managing global operations for multi-site, high-volume contact centers, Moe has overseen the formation of process-oriented customer support and sales services that have helped set best practice standards for the industry. Moe has served in a wide range of executive positions, and in the capacity of both a customer and provider of outsourced call center services — providing him unique insight into how principles-based operations methodologies can be leveraged to generate higher revenue and greater levels of customer satisfaction for Rainmaker's clients. While at RealNetworks he oversaw worldwide operations for GM Customer Support Services; and as Vice President of Global Operations at SITEL, he managed accounts for Fortune 500 clients including Prudential, Blue Cross & Blue Shield and Cigna. Previously at SITEL, while serving as Director of Global Operations, Moe created and directed a global team dedicated to Microsoft's Europe, Middle East and Africa program - during which he supervised the consolidation of a multi vendor approach in each country into one organization representing 7 sites serving over 13 languages. Leveraging structured service methodologies that treat every customer event as part of an entire sales cycle, Moe ensures that Rainmaker's sales operations integrate with the company's data-driven marketing technologies — as well as with the enterprise sales strategies of its clients. The result: services that drive greater revenue, by ensuring every conversation is relevant to where the customer is in their business cycle.
| Organization | Position | Status |
|---|---|---|
| Rainmaker Systems Inc. | Vice President & General Manager, Client Services | Current |
Phil Johnson leads Rainmaker's human resources group and is responsible for the policies and programs that support the company's worldwide network of sales and marketing organizations and operations centers. With over 25 years' experience as a senior executive, Phil's roles have included management of HR practices, personnel development, corporate communications, recruitment, benefits planning and public relations. Phil also has special expertise in both international and new business development, gained from the key roles he has played in the integration of global resources for high-tech companies. In his previous position as Vice President, Human Resources and Administration at InfoGain, Phil was responsible for hundreds of employees in offices spread across the Americas, Europe and India. Prior to InfoGain, Phil served at renowned Tandem Computers a global multi-million dollar corporation, as VP Human Resources and Public Affairs. There, he helped build a human resource organization sustaining a staff of thousands worldwide. Additionally, Phil served as VP, Human Resources, for Altos Computer Systems — an international company employing over a thousand high-tech professionals. Phil now leads Rainmaker in joining many resources into a truly global team that is committed to delivering maximum revenue and customer satisfaction for its clients — and which shares a culture dedicated to enabling best practice solutions via client-centric services and technology.
| Organization | Position | Status |
|---|---|---|
| Rainmaker Systems Inc. | Vice President, HR | Current |
| Organization | Position | Status |
|---|---|---|
| Rainmaker Systems Inc. | Vice President & General Manager, Client Services | Current |
| Rainmaker Systems Inc. | General Manager, Services Sales | Former |
| Organization | Position | Status |
|---|---|---|
| Rainmaker Systems Inc. | Managing Director, Asia | Current |
As the former CEO of The Santa Cruz Operation, Inc. (SCO), a global leader in UNIX server host systems, Mr. Mohan brings a unique understanding of software companies and their need for the outsourced services that Rainmaker provides. At SCO, Mr. Mohan was responsible for day-to-day operations. Prior to joining SCO, he served 21 years at NCR in various positions, including Vice President of Strategic Marketing, Controller and General Manager of the billion-dollar Workstation Products Division.
| Organization | Position | Status |
|---|---|---|
| Rainmaker Systems Inc. | Chairman | Current |
| Organization | Position | Status |
|---|---|---|
| Rainmaker Systems Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Rainmaker Systems Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Value Framework Institute | CEO | Current |
| Happy About | CEO | Current |
| Ecnow.Com, Inc. | CEO | Current |
| QUICK2PUBLISH | CEO | Current |
| Ecnow.Com, Inc. | President | Current |
| Silicon Valley Executive Business Program | Chief Strategy Officer | Current |
| Ceonetworking | Partner | Current |
| The Dalton Pen | Judge | Current |
| Bumatraining.Com | Sjsu Buma Content Expert and Program Consultant | Current |
| E-Volve-or-Die.Com | Current | |
| Cxonetworking | Current | |
| Ceonetworking | Chairman | Current |
| Rainmaker Systems Inc. | Board of Directors | Current |
| The Dalton Pen | Board of Directors | Current |
| Silicon Valley Executive Business Program | Director | Current |
| Cas Systems, Inc | Director | Current |
| Rainmaker Systems, Inc. | Director | Current |
| Silicon Valley Executive Business Program | Couple of Simultaneous Businesses | Former |
| College of William & Mary | MBA | Former |
| University of Miami | BS Degree In Operations Research | Former |
| Organization | Position | Status |
|---|---|---|
| Rainmaker Systems Inc. | Board of Directors | Current |
| Cas Systems, Inc | Director | Current |
| Rainmaker Systems, Inc. | Board of Directors | Current |
| Softsel Inc. | President | Former |
| Softsel Inc. | Founder | Former |
| Merisel, Inc. | Former | |
| University Corp. | MS Degree In Computer Science | Former |
| University Corp. | BS Degree In Business Administration | Former |
Executive News
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Rainmaker Extends Lead Development Agreement With Fortune 500 Network Computing Client
-
Rainmaker Extends Lead Development Agreement With Fortune 500 Network Computing Client
-
Rainmaker Extends Lead Development Agreement With Fortune 500 Network Computing Client
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