During SC09 a well-connected friend told me that Verari Systems was in trouble for lack of access to capital — essentially the same immediate cause as SiCortex. Then in response to my post a couple weeks ago asking if anyone had seen Verari at SC09, I got a tip that they had registered for booth space but never showed up. I really don’t like posting speculation about going out of business, since a good rumor like that can actually make itself come true. So I waited.
Today I’m hearing that Verari is locking (or has locked) the doors. First, VerariGuy has this Twitter stream over the past 22 hours
These execs should be arrested
about 4 hours ago from web
Conference call at 9am PST to let everyone know we’re done. If I knew I wasn’t talking to myself I’d have half a mind to post the phone #
about 6 hours ago from web
Well everyone, #Verari Systems is now dead. The doors are locked, and people have taken out anything not nailed down
about 22 hours ago from web
Then on my blog just a few minutes ago, a comment on the SC09 post left by reader “foo”
Verari is out of business s of today at 5:00 pm cst!
Also I’ve tried contacting folks I knew at the company with no success. No one is in their offices, and the corporate headquarters in San Diego was routed to a phone message that says I’ve called outside “normal business hours” when I tried to call at 1:00 pm Pacific. That’s enough evidence for me to put them in the deadpool, at least tentatively. If you have more info, leave a comment. Meanwhile I’m continuing to try to contact the company.
1. VerariAlumni.com also indicates that the company is out of business
Since Verari is no longer around, I’ll be using this area to communicate anything I believe my peers may need to know about, or may find of interest. This section will be built out more and more as time progresses. Of all the pages on this site, this will be the one updated most often so check back in.
2. Subsequent calls to the company by a friend did raise a person who said “I have nothing to say.” Which isn’t a denial.