When John Rainger got the call to join Openet Telecom in early 2002, he had few reservations.
The approach by Barry Maloney, the former Digifone boss turned venture capitalist, came at the right time for Rainger. He was then chief operating officer of the software products group of Lucent, which had sales of $1 billion and more than 1,300 employees.
Maloney was a partner in Benchmark Capital, which had invested $20 million in Openet in late 2001 and...
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