[Date Prev] | [Thread Prev] | [Thread Next] | [Date Next] -- [Date Index] | [Thread Index] | [Elist Home]
Subject: Agital Secures Commitment for up to USD $4.6 Million Investment
BOTHELL, Washington, 21 September 2001 -- Agital(TM), Inc., a leading provider of Data Conditioning Solutions, announced today that it has secured commitments of up to an aggregate of USD $4.6 million in C-round funding. The leading investors for this round are existing stakeholders Voyager Capital (www.voyagercapital.com) and 2M Technology Group (www.2m.com). "While many technology investors are moving away from emerging technology vendors, our exceptional business team and solid engineering group have earned the continuing confidence of our Board and our investors," said Kim Mackay, President and CEO of Agital. "Today, Agital delivers scalable and secure XML data conditioning solutions that help global 2000 customers rapidly design and implement eBusiness integrations. With the additional investment we will continue to build on this reality." "Agital is poised to capitalize on a pressing and immediate market need -- making eBusiness initiatives work the way they were envisioned, in real-time," said Enrique Godreau III, Agital Chairman and Managing Director of Voyager Capital. "The company's compelling XML technology and innovative approach to mitigating eBusiness integration headaches make this an attractive investment." "XML is the language of Web Services. Agital Data Conditioning Solutions decrease the complexity of data and application integration for enterprise IT managers as they implement Web Services," said Steven D. Leeke, 2M Technology Ventures, L.P. "Agital focuses on fast, flexible, and easy-to-use integration presenting a great solution and a real-world approach to business." The funds form this round are intended to grow the core business and increase sales and marketing resources, allowing Agital to continue to provide innovative data conditioning solutions to both horizontal and vertical markets. About Agital Agital helps customers develop Data Conditioning Solutions that improve the flexibility and profitability of eBusiness initiatives. By helping companies to manage data instead of applications, services, or devices - Agital makes eBusiness work. For more information or a free product trial download, visit www.agital.net or call (425) 492-1700. __________________________________________________ Do You Yahoo!? Get email alerts & NEW webcam video instant messaging with Yahoo! Messenger. http://im.yahoo.com ---------------------------------------------------------------- To subscribe or unsubscribe from this elist use the subscription manager: <http://lists.ebxml.org/ob/adm.pl>
[Date Prev] | [Thread Prev] | [Thread Next] | [Date Next] -- [Date Index] | [Thread Index] | [Elist Home]
Powered by eList eXpress LLC