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Inpowered
Distance: 50.1 Mi1361 N Hwy 89 Ste 110
84025 Farmington
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Description
Altiris, from Ralph’s previous incubator, The Canopy Group, was a throw away technology from a Keylabs sale to Exodus, “they didn’t want it,” said Ralph Yarro. As investors we agreed with the current management team that the software solution had merit. We struggled to find interest from any of the venture funds in Utah or elsewhere. So, we agreed to take down the additional $9 million needed to execute the management team’s go forward strategy. Altiris later went public and sold to Symantec for roughly $830 Million. Capital, resources, leadership, and execution.