Exhibit 99.4

                     CONSENT OF EQUINET CORPORATE FINANCE AG

         We hereby consent to the inclusion of our opinion letter, dated
September 27, 2003, appearing as Annex F to the Joint Proxy Statement/Prospectus
which is a part of the Registration Statement on Form S-4 of Versant Corporation
("Versant") relating to the proposed merger of Poet Holdings, Inc., with and
into a wholly owned subsidiary of Versant. We further consent to the references
of our firm name therein. In giving such consent, we do not thereby admit that
we come within the category of person whose consent is required under Section 7
or Section 11 of the Securities Act of 1933, as amended, or the rules and
regulations adopted by the Securities and Exchange Commission thereunder, nor do
we admit that we are experts with respect to any part of such Registration
Statement within the meaning of the term "experts" as used in the Securities Act
of 1933, as amended, or the rules and regulations of the Securities and Exchange
Commission thereunder.

Very truly yours,

/s/ EQUINET CORPORATE FINANCE AG


Frankfurt, Germany

November 12, 2003