Yesterday, Peter Yared, who I worked with at NetDynamics (we bought his early all-Java IDE company JRad) and Sun, came out of stealth mode with his new company ActiveGrid and announced funding from two major VC firms. Interesting, positive commentary from the LooselyCoupled blog and PHPEverywhere. He also has a strong manager working with him, a guy I knew at Sun named Jeff Veis, and the two VC board members are tech legends: Mitchell Kertzman (Liberate, Sybase, Powersoft) and Jean-Louise Gassee (Apple, Be).
Best of luck to Peter and Crew, and best wishes that your next generation application server be even more successful than the one we all did together.
BillSaysThis 