Palamida has developed enterprise software for identifying third-party components and artifacts in a company's codebase. The software and services address a number of problems including inadvertent use of open source or proprietary modules that can impact a business by exposing a company to copyright infringement claims.
Palamida is in a market which has one other major player in it: Black Duck Software of Waltham, Mass. Both companies were founded in 2003 and are shipping products.
Tolliver was formerly senior vice president of marketing and strategy at Sun. Tolliver was executive vice president, marketing and strategy, and chief strategy officer. In that role he was responsible for corporate marketing, product and business strategy, mergers and acquisitions, industry marketing and independent software vendor programs. Tolliver was with Sun for 10 years, previously serving as president and general manager of iPlanet, a division of Sun focused on Internet infrastructure software.