ConSentry Closes New Funding, Attracts Top Switching Talent for Next Phase of Growth

$9.4 Million Investment and New Senior Management Team Will Extend ConSentrys Leadership Position in Intelligent Control

MILPITAS, Calif. Addressing the growing enterprise need for intelligent control of users and applications, ConSentry Networks today announced an additional $9.4 million in venture funding and a new management team. Accel Partners led the round and was joined by existing investors DAG Ventures, Invesco Private Capital, Northgate Capital, Translink Capital, and Vedanta Capital. ConSentry will use the funds to grow and support the channel for its LANShield intelligent control platforms and to expand its global marketing outreach. ConSentry also has added three new senior executives to its ranks: Rod Kay, executive vice president of marketing and sales; Robert Hon, executive vice president of engineering; and Derek Granath, vice president of marketing.

In this tight economic environment, IT departments are looking for smart solutions that can help control their internal infrastructure and save money at the same time, said Joe Golden, CEO of ConSentry. This focus on efficient control gives ConSentry a distinct advantage. Our LANShield platforms offer native Layer 7 intelligence powered by patented, programmable, wire-speed hardware. Our value proposition is clear: visibility into and control over every flow and every application on the network, lowering CAPEX with network-embedded control and lowering OPEX with radically simplified operations and lower support costs.

More than 200 customers around the globe rely on ConSentry for intelligent control. Announced customers include Town North Bank; Kuraray America; On Demand Group, a subsidiary of SeaChange International; food corporation Taco Bueno; Mercy Medical Center of Baltimore; global steelmaker POSCO; CCR Group, a subsidiary of Commerzbank; Dufferin-Peel, one of the largest and fastest-growing school boards in Ontario, Canada; and Pioneer Electronics.

New Senior Executives Drive Market Expansion

ConSentrys new senior management executives offer a wealth of experience delivering advanced switching technology to enterprise environments.

Rod Kay, executive vice president of sales and marketing, joins ConSentry from TeraChip, Inc., a leading provider of next-generation switch fabrics, where he was president and CEO. Previously, he held executive marketing and business development positions at Cisco, Ardent Communications (acquired by Cisco), XLNT Designs (acquired by Intel), and Ascom Timeplex. Kay holds a BS/BA in engineering and business from Utah State University and an MBA from the Harvard Business School.

New Executive Vice President of Engineering Rob Hon heads up ConSentrys product development efforts. Most recently, Hon was vice president of engineering at application performance management vendor Network Physics, Inc. (acquired by OpNet). Hon has also held management and R&D positions at Packeteer, Certive, Cadence Design Systems, Apple Computer, and other companies. Hon holds a BS in engineering and applied science from Yale University and an MS and a PhD in computer sciences from Carnegie-Mellon University.

Derek Granath has assumed the position of vice president of marketing at ConSentry. Granaths previous experience includes vice president of marketing at Woven Systems, vice president of marketing and business development at TeraChip, and senior marketing positions at Brocade Communications Systems, Cisco/Stratacom, and Octel Communications. He received a BSEE from Stanford University and an MBA from the University of Santa Clara.

About ConSentry Networks

The ConSentry Networks Intelligent Control architecture delivers native user and application control at the network edge. With this technology, ConSentrys award-winning LANShield product family enables IT managers to improve the visibility, control, and performance of users and applications and radically simplify LAN deployment and operations. More than 200 enterprises worldwide rely on ConSentry solutions for increased corporate security, comprehensive visibility, employee productivity, and cost-effective compliance.

ConSentry Networks, the ConSentry Networks logo, and LANShield are trademarks of ConSentry Networks Inc., for use in the United States and other countries. All other product and company names herein may be trademarks of their respective holders.

For more information, please visit www.consentry.com.

Source: ConSentry Networks Inc.

Ze-gen Secures $20 Million in Funding to Deploy Technology

BOSTON Ze-gen, Inc., which has developed commercially viable gasification technology for converting waste streams into synthesis gas, today announced that it has raised $20 million in Series B financing. The funds will be used to commercially deploy Ze-gens technology. Omar Zawawi Establishment (Omzest Group of Oman, a leading Middle East based global industrial conglomerate) through one of its group companies called Waroz Holding Company, led the financing with existing investors, including Flagship Ventures, VantagePoint Venture Partners, and Massachusetts Technology Development Corporation also participating.

This financing further validates Ze-gens industry leading technology, which offers an environmentally sustainable solution to both solid waste management and distributed energy generation, said Jim Matheson, General Partner of Flagship Ventures and Chairman of the Board at Ze-gen. We are pleased to have Waroz join the Board as they represent the type of partner which can help drive Ze-gens technology into the global markets, added Matheson.

The Series B Round will fund the acceleration of Ze-gens commercialization efforts as well as support next generation research and development activities at the Companys demonstration facility in New Bedford, Massachusetts. The urgent need for advanced solutions for dealing with global waste continues to grow, said Bill Davis, Ze-gens CEO and President. This support of world-class partners will help us accelerate our commercialization efforts, stated Davis.

Mr. K S Cheema, Executive Director of the Omzest Group, stated, “We are proud to be part of the company which is endeavoring to help solve solid waste management and shortage of energy problems simultaneously. We truly believe that Ze-gen has the technology, capability and vision to achieve its objectives and we wish to participate in that vision. We are confident of the success of Ze-gen’s technology.”

Solid waste is a global problem with widespread environmental effects. In the United States alone, over 300 million tons of mundane waste streams are landfilled each year, creating vast quantities of greenhouse gases that are emitted into the atmosphere and demanding evermore open land to convert to landfills. Ze-gen is at the forefront of global efforts to translate the latent energy content in these waste streams into a clean, renewable energy source using environmentally superior conversion technology. Ze-gen was recognized by AlwaysOn as one of the GoingGreen Top 100 Winners for 2007 and 2008. Inclusion in the GoingGreen 100 signifies major developments in the creation of new business opportunities in the green technology industries. Furthermore, AlwaysOn named Ze-gen the winner of the “Resource Recovery and Waste Management” category in 2008. Ze-gen was specially selected by the AlwaysOn editorial team and other industry experts spanning the globe, based on the Companys game-changing technology and market value. Ze-gen has begun commercialization efforts of its LMG technology and plans to operate full-scale commercial facilities in the US by 2012.

About Ze-gen, Inc.

Ze-gen, Inc. is a renewable energy company that is emerging as a leader in the development of advanced gasification technology for converting wood debris and other solid waste streams into a synthesis gas (syngas) mixture of carbon monoxide and hydrogen gas. This syngas is a renewable fuel which can be used to offset consumption of fossil fuels in conventional power and industrial facilities. Ze-gen is poised to be the market leader in the environmentally friendly re-purposing of waste streams into renewable energy. For more information and to watch a Ze-gen feature on the Science Channel, visit www.ze-gen.com.

About Waroz Holding Company

Waroz Holding Company is a part of the prominent corporate group of the Sultanate of Oman, Omar Zawawi Establishment LLC (Omzest Group). Over 75 wholly owned and associated companies involved in multifaceted activities such as manufacturing, trading, banking, finance, education, petrochemical, shipping and many more activities, forms Omzest group. (www.omzest.com)

About Flagship Ventures

Flagship Ventures is a venture capital firm focused on creating, financing and building innovative companies. Founded in 2000, Flagship manages over $600 million in early-stage funds and operates from its offices in Cambridge, MA. With an active portfolio of over 40 companies, the firms strategy is to balance its investments across three principal business sectors: Therapeutics, Life Science Tools & Diagnostics, and BioEnergy/Cleantech.

About VantagePoint Venture Partners

VantagePoint Venture Partners is a leader in investing in 21st century technologies and partners with entrepreneurs in the CleanTech, Healthcare and Information Technology sectors. With a large investment team of experts, a broad network of strategic partners and advisors, and more than $4.5 billion in committed capital, the Firm has the depth of resources to help build transformative companies that are clear leaders in their categories. The Silicon Valley Firm has investments in more than 70 companies including Better Place, BrightSource Energy, Gain Capital, Mascoma, Miasole, Premium Power, ReachLocal and others. For more information visit www.vpvp.com.

Source: Ze-gen, Inc.

Ubicom Secures $7 Million in Series 5 Financing Led by Major Current Investors

Financing highlights the company’s entry and growth into Small Medium Business (SMB), Service Provider and Home Networking Markets

SUNNYVALE, Calif., Jan. 13 Ubicom, Inc., a leading provider of 32-bit embedded, multithreaded processor and software solutions for communications and media applications, announced its Series 5 financing round totaling $7 million. All major investors including August Capital, Mayfield Funds, Levensohn Venture Partners, Lehman Brothers Ventures and Investcorp Technology Partners have participated in the round.

A recognized industry-leading provider of processors for 802.11N wireless routers, Ubicom is now opening its platform to address adjacent market segments, including integrated access devices (IADs), enterprise access points, security VPN routers, VoIP products, digital photo frames, and digital media players.

“The support of our investors in putting together this most recent financing underscores the technology and market momentum of our products,” says Gangesh Ganesan, the newly appointed CEO of Ubicom. “We have a strong group of investors with a long-term vision for the company’s continuing and accelerated growth in the 32-bit embedded CPU market. Our StreamEngine 7000 family of products, based on the UBICOM32 architecture, will be targeting the broader 32-bit communications, media and embedded markets. We have many exciting new solutions and customers that will be announced in 2009”.

“We are extremely enthusiastic about Ubicom’s unique processor architecture because of its ability to address increasingly important and unmet needs in multiple different segments of the 32-bit embedded processor market,” said Janice Roberts of Mayfield Ventures. “We believe the company is poised for significant growth because of the compelling price-performance and power advantages of UBICOM32 in these markets. I am confident that we will continue our strong design-win momentum into 2009 and beyond.”

According to the market research firm DataBeans, the market for 32-bit embedded processors was estimated at $5.1 billion in 2008 and is forecasted to grow at 10% CAGR over the next five years.

About Ubicom, Inc.

Ubicom, Inc. develops families of 32-bit embedded communications and media processors that address the unique demands of networking and real-time interactive media applications. The company’s IP series of processors employ unique, multithreaded architecture, software-controlled interfaces, and hardware accelerators to achieve superior processor performance and efficiency at low power consumption. Coupled with a software platform that leverages the extensive open source community, Ubicom enables customers to develop a broad range of products including wireless routers, access points, broadband access devices, security VPN routers, networked media players and other embedded devices. Ubicom is a venture-backed, privately held company with corporate headquarters in Sunnyvale, California. For more information, visit http://www.ubicom.com.

NOTE: Ubicom, StreamEngine, StreamEngine 7000, StreamEngine 5000, and UBICOM32 are trademarks of Ubicom, Inc. All other trademarks are the property of their respective holders.

Source: Ubicom, Inc.

ViVu Raises Initial Funding Round Led by Draper Fisher Jurvetson

Aims at Participative Event Platform for Media Shows and Corporate Conferences

SUNNYVALE, Calif. & BANGALORE, India ViVu Inc. announced today that it has raised its initial round of funding led by Draper Fisher Jurvetson and Amidzad Partners, with participation from Quest Ventures and other angel investors, including serial entrepreneurs Bill Carrico and Amarjit Gil.

Founded by startup veterans from Cisco, Alcatel-Lucent and a team of IIT graduates, ViVu is developing a first-of-its-kind Participative Event Platform that enables live video participation from a PC, Macintosh or smart phone without any proprietary downloads and seamlessly integrates with most of the popular streaming video and conference solutions. The solution can scale from corporate training sessions to large video events with thousands of participants. The funding will enable the company to accelerate product development.

Our vision is to interactively connect many people over video and make the experience even better than being there, said Sudha Valluru, CEO and cofounder, ViVu, Inc. The team developed the first enterprise-quality video over IP a decade ago and is now building a platform that scales and provides the ease-of-use, quality and availability expected in an enterprise.

ViVu is going to change the visual experience of watching live online video by making it participative, said Tim Draper, Managing Director at Draper Fisher Jurvetson. We believe in investing in companies in many sectors that change the rules of the game we believe that ViVu is one of those companies.

The company also announced the establishment of the Technical Advisory Board of Bill Carrico, Phil Graham and John Varney. Bill Carrico was chairman/CEO of Bridge (acquired by 3Com), NCD and Precept (acquired by Cisco). Phil Graham is the vice president of Engineering and CTO of Cisco Telepresence, and John Varney was the CTO of the British Broadcasting Corporation.

ViVu has created a compelling service that has been positively received by the companys early adopter customers, said Bill Carrico, investor and advisor. The domain expertise of the team and the laser focus on high quality video experience will redefine the way online entertainment, e-learning and corporate communications are conducted today.”

Due to its broad applicability and shrinking corporate travel budgets, the ViVu solution is targeted at enterprises and is being used in a variety of ways: remote training courses, sales training on new products, and remote live video caller participation during Webcasts.

About ViVu, Inc.

ViVu, Inc. creates solutions that transform the way people interact using video. The company was founded by Sudha Valluru and Siva Kiran in 2008. Information about ViVu can be found at http://www.vivu.tv.

Draper Fisher Jurvetson was founded in 1985 and provides capital to extraordinary entrepreneurs anywhere who are determined to change the world. DFJ has been proud to back over 500 companies across many sectors including such industry changing successes such as Hotmail, Skype, and Baidu.

ViVu, the ViVu logo are registered trademarks of ViVu Inc. in the United States and certain other countries. All other trademarks mentioned in this document are the property of their respective owners.

Source: ViVu Inc.

WaterHealth International Announces First Close of Series D Funding

IRVINE, Calif., Jan. 13 WaterHealth International, Inc. (WHI) today announced the first close of its Series D funding for a total equity investment of more than $10 million. Two of WHI’s current investors, Dow Venture Capital (Dow) and SAIL Venture Partners (SAIL) are leading the Series D financing. WHI expects the final close by March 2009, bringing the anticipated total of Series D equity investment to approximately $20 million.

“We are pleased by the confidence exhibited in WaterHealth by our current investors,” said Dr. Tralance Addy, Chairman and CEO, WaterHealth International. “As we move to rapidly expand the number of communities we serve and achieve unprecedented scale, access to capital is critical to our continuing success.”

WHI has more than 600 installations of its water purification and disinfection systems in developing countries around the world. This additional funding further strengthens WHI and will allow for accelerated growth.

“Dow is committed to supporting efforts being undertaken to supply clean, safe water to people in need. We will develop innovative technologies and business models that lower the cost of water purification and set new levels for efficient water use,” said Dave Kepler, Chief Sustainability Officer, The Dow Chemical Company. “We believe that investments in companies such as WaterHealth help us achieve this goal.”

“WaterHealth embodies the combination of technology and execution that we see in the most exciting clean technology business models. By achieving scale, WHI can have a tremendous impact on the world’s clean water crisis,” said Hank Habicht, managing partner of SAIL.

About WaterHealth

WaterHealth International, Inc. provides innovative business solutions to one of the world’s most desperate health crises, the lack of safe, clean and affordable water for the more than two billion people who have little or no access to it. WHI’s award winning water purification and disinfection technology, combined with creative and unique business approaches, enable the delivery of highly affordable, clean water to even the most remote and underserved communities. WHI invests in health and hygiene education programs as part of its normal business practices to combat waterborne diseases in the communities it serves. WHI’s website is www.waterhealth.com.

About Dow

With annual sales of $54 billion and 46,000 employees worldwide, Dow is

a diversified chemical company that combines the power of science and technology with the ” Human Element ” to constantly improve what is essential to human progress. The Company delivers a broad range of products and services to customers in around 160 countries, connecting chemistry and innovation with the principles of sustainability to help provide everything from fresh water, food and pharmaceuticals to paints, packaging and personal care products. References to “Dow” or the “Company” mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted.

About SAIL

SAIL Venture Partners, L.P. is a national venture capital firm with offices in Southern California and Washington, D.C., investing in early-stage companies primarily in the Energy/Cleantech sector. The SAIL partners invest through two primary funds, which focus on clean technologies in the areas of alternative energy, water, agriculture and materials. SAIL Venture’s website is www.sailvc.com.

Source: WaterHealth International, Inc.

Local Online Advertising Leader Yodle Announces Completion of $10 Million Series C Financing

Reports 700% year-over-year revenue growth,Reaches 5,000 customer milestone

NEW YORK Yodle, Inc., a leader in local online advertising and lead generation, announced today that it has completed a $10 million Series C funding. The round was led by JAFCO Ventures, joined by Draper Fisher Jurvetson Growth and existing investors Draper Fisher Jurvetson and Bessemer Venture Partners. The funds will be used to double investment in product and technology innovation as well as to continue a national sales expansion.

Demand for local online advertising fueled tremendous growth at Yodle in 2008, despite the economic downturn. The New York-based company reported 700% year-over-year revenue growth from 2007, ended 2008 with 250 employees nationally up from 9 in 2006, Yodle now boasts approximately 5,000 customers up from 125 in 2006.

Its been a watershed year for Yodle, and, thanks to our incredible team working hard to deliver for our customers, we expect that growth to continue in 2009, said Yodle CEO Court Cunningham. While our competitors retrench in the face of financial adversity, we are stepping up investment in our customers success. This new funding round will accelerate product and technology development to provide increased online exposure and even stronger results for our local business owner clients.

In this difficult economic environment only the strongest and most promising companies are getting funding. Yodles dramatic growth, seasoned management team and focus on customer success make it truly unique in the local online advertising market. We look forward to supporting the companys continued growth and market leadership, said Tom Mawhinney, General Partner at JAFCO Ventures.

About Yodle

Yodle provides local businesses with a simple and affordable way to get new customers and phone calls using online advertising. Yodle is transforming local online advertising by connecting local business owners with consumers in a simple, measurable and relevant way. Yodle has developed an integrated approach to signing up and serving local businesses that are transitioning their marketing budgets online. Yodle is headquartered in New York, NY with a presence in 25 major cities across the United States and has hundreds of employees helping thousands of customers. To find out more about Yodle, go to www.yodle.com.

About JAFCO Ventures

Based in Palo Alto, California, JAFCO Ventures is a venture capital partnership focused on companies that are emerging leaders in the communications, Internet, semiconductor and software industries. JAFCO Ventures was formed in 2003 and currently manages more than $350 million in capital. The fund’s charter is to invest in venture opportunities with true breakout potential where JAFCO Ventures can meaningfully add value with capital, the experience of seasoned venture capital investors, and the deployment of our Asia business development team, to help portfolio companies generate revenue from customers in Japan and other parts of Asia. For more information, visit http://www.jafco.com/.

About Draper Fisher Jurvetson Growth

Draper Fisher Jurvetson Growth Fund invests in revenue stage technology companies that are expanding rapidly in large markets and are well positioned to be category leaders. Draper Fisher Jurvetson is a leading venture capital firm with global presence through the DFJ Global Network of funds. DFJ’s mission is to identify, serve and provide capital for extraordinary entrepreneurs anywhere who are determined to change the world. The DFJ Network has grown to encompass over 150 venture capital professionals in more than 30 cities around the world, more than 600 portfolio companies funded, and over $6 billion of capital under management. Together, the DFJ Network funds have been the most active venture capital investors in the world in 2006 and 2007. The DFJ Network has produced such notable, industry changing companies as Athenahealth (ATHN), Baidu (BIDU), Skype (acquired by eBay), Focus Media (FMCN), DivX (DIVX), Mobile 365 (acquired by Sybase), Massive (acquired by Microsoft), EnerNOC (ENOC), Feedburner (acquired by Google), Four11 (acquired by Yahoo), xFire (acquired by Viacom/MTV Networks), Mozy (acquired by EMC), Myfamily.com (acquired by Spectrum Equity Investors), Overture (acquired by Yahoo), Parametric (PMTC), TicketsNow (acquired by TicketMaster), and buy.at (acquired by AOL). www.dfjgrowth.com and www.dfj.com

About Draper Fisher Jurvetson

Draper Fisher Jurvetson is a leading venture capital firm with a global presence through a network of affiliated funds, with offices in more than 30 cities around the world and approximately $6 billion in capital commitments. DFJs mission is to identify, serve and provide capital for extraordinary entrepreneurs anywhere who are determined to change the world. Over the past twenty years, DFJ has been proud to back over 500 companies across many sectors including such industry changing catalysts as Hotmail (acquired by MSFT), Baidu (BIDU), Skype (acquired by EBAY), EnerNOC (ENOC), athenahealth (ATHN), Focus Media (FMCN), Mobile 365 (acquired by Sybase), xFire (acquired by Viacom), United Online (UNTD), Overture (acquired by YHOO), Interwoven (IWOV), Four11 (acquired by YHOO), Massive (acquired by MSFT), Parametric (PMTC) and Mozy (acquired by EMC).

About Bessemer Venture Partners

As the oldest venture capital practice in the U.S., Bessemer has carried on a tradition of hands-on, early-stage investing since 1911. With offices in New York, California, Massachusetts, and Mumbai, Bessemer Venture Partners (http://www.bvp.com) now manages more than a billion dollars of venture funds. Over 100 Bessemer startups have gone public, including Ciena, Gartner, Ingersoll Rand, International Paper, Maxim, Parametric, Staples, WR Grace, Verisign, and Veritas. Wikia is one of many Web2.0 companies whose first venture rounds were led by Bessemer; others include Skype, Yelp, Zopa, Revver and Flock.

Source: Yodle, Inc.

Mersive Technologies Announces Series B Funding Round

Hopewell Ventures To Provide Working Capital for Mersive Technologies To Fulfill Significant Demand

LEXINGTON, Ky., Jan. 12 Mersive Technologies today announced the close of a $4.6 million Series B round of venture capital financing. This round will fund the ongoing development and expanding delivery of the world’s most accurate multi-projector alignment solution for the military simulation and commercial markets, as well as support the company’s tradition of innovation in large, high-resolution display technology. Hopewell Ventures served as the lead investor in the round with a $4.0 million commitment, and was joined by existing investors Adena Ventures, the Kentucky Science & Technology Corporation and the Bluegrass Angels Venture Fund. Mersive completed a Series A seed capital financing in July, 2006.

Mersive Technologies, founded in 2004, has a significant number of installations in military simulation environments, as well as in education, engineering, and research and development applications. Its military simulation clientele includes all four branches of the U.S. Armed Forces and a number of homeland security agencies. The funds will allow Mersive to accelerate adoption of what is fast becoming the de facto standard alignment solution in the military simulation industry while fulfilling growing domestic and European commercial demand.

“Mersive Technologies has built an A-list of clients and continues to innovate in the projection calibration and high resolution display space,” said William Sutter, Partner at Hopewell Ventures. “The company has a significant pipeline of orders that require immediate resources to fulfill. Additionally, a portion of the capital will fund further research and development to maintain Mersive’s leadership in visualization technology. We are delighted to invest in such an exciting growth company.”

“The simulation industry requires automatic alignment capabilities for multi-projector displays and Mersive is now positioned to deliver on that requirement,” said Randall Stevens, the company’s CEO. “The influx of capital at this critical juncture will be important to building a support team that can respond to the success of our customers, partners and resellers. At the same time, our engineering team will have additional resources to improve upon what is already the best alignment solution in the market.”

About Mersive Technologies

Mersive Technologies is a display technology company that redefines the ease with which ultra resolution, multi-projector displays can be designed, configured and maintained. A leader in the creation of ultra definition (UD) displays with resolutions greater than high definition (HD) devices, Mersive provides a cost-effective, true auto-alignment solution capable of merging any number of projectors into a seamless display of almost any size, shape and resolution. Technology once considered only practical for select high capital industries is now being made available by Mersive for a range of applications from simulation and training to museum displays and digital signage. Mersive is privately held and venture funded with additional grant support. Its clients include the U.S. Army and the U.S. Air Force as well as a number of museums and academic labs. For more information on Mersive’s ultra definition display technologies, please visit www.mersive.com.

About Hopewell Ventures

Hopewell Ventures (www.HopewellVentures.com) is a $110 million Chicago- and Peoria, IL-based venture capital and private equity firm providing growth capital to Midwestern businesses in a broad range of industries and stages of development. With more than a century of experience, Hopewell’s team makes initial investments of $2.5 to $6 million.

Source: Mersive Technologies

Mobile Monday Boston Reports Over $565 Million Invested in Boston Mobile Companies in 2008

Mobile Emerges as a Leading Local Technology Cluster & Worldwide Industry Hotbed

BOSTON Mobile Monday Boston, the professional organization for mobile and wireless in the Boston area, today released a report detailing the half of a billion dollars invested in local mobile organizations in 2008. Despite concerns about an economic downturn and a slowdown in venture capital investment, Mobile Monday Boston reports that investment in mobile is on the rise, with over $565 million invested in the space in 2008. To view the report, visit http://www.momoboston.com/bostons-mobile-industry/2008/. This report will be discussed at tonight’s Mobile Monday Boston event, Compelling Mobile Business Models, 7pm at the Langham Hotel in Boston.

While not immune to the economic downturn, mobile software and services will continue to be a key area for investment over the next 18 months, due to long product development cycles and only a slightly muted growth rate in sales of smartphones, said Chris Hazelton, research director of mobile & wireless with The 451 Group. Investors are still excited about the mobile space, and with a significant academic and technology base, Boston is the place to watch for acquisitions and investments in mobile.

The Mobile Monday Boston figures include venture capital investment, IPO and acquisition dollars. The $565 million invested locally in 2008 is a 45% increase over investment in 2007.

Boston is an excellent place to develop a mobile company, said Jeffrey Glass, Managing Director, Bain Capital Ventures. We have the brightest young minds coming out of our local universities, and long history of wireless startup success, an excellent and supportive community of entrepreneurs, and a thriving environment for networking.

There are 24 different types of mobile companies in Boston, from advertising to location, social networking to infrastructure, enterprise to music. In 2002, only five local mobile companies received venture investment. In 2008, 45 companies received investment.

One of these companies is Vlingo, which received $20 million in investment in 2008. Vlingo was started here because Boston has the right human resources, investment dollars, and entrepreneurial community, said Dave Grannan, CEO of Vlingo.

Boston is a worldwide hotbed of mobile business, development, and education, said Kate Imbach, co-founder and organizer of Mobile Monday Boston. We are thrilled to publish this research, which shows Boston leading the way for the mobile industry.

About Mobile Monday Boston

Mobile Monday Boston is the locally-run chapter of a global community of professionals and enthusiasts interested in mobile and wireless. The mission of Mobile Monday is to promote, discuss and share knowledge on mobile technologies with the community through monthly presentations, demos, and networking events. For more information, please visit http://www.momoboston.com/.

Source: Mobile Monday Boston

N-trig Secures $24 Million of New Funding to Fuel Hands-on Computingtm Growth in Global PC Market

Company to Utilize Funds to Further Develop Multi-Touch Technology Following Investment Procurement

KFAR SABA, Israel & AUSTIN, Texas N-trig, providers of DuoSense technology, combining pen and capacitive touch in a single device, announced today that they have completed a fund-raising round of $24 million from investors, including Aurum Ventures, Challenger Ltd., Canaan Partners, Evergreen Venture Partners and Microsoft Corp.

With this new round of funding, N-trig plans to continue working with leading OEMs to create multi-touch notebooks and convertible computers for the mainstream marketplace. The companys multi-touch technology will enable OEMs and ISVs to build new interface standards for both enterprise and consumer markets.

With the introduction of multi-touch in Windows 7, integrated with N-trigs DuoSense technology, our customers will have a new and natural way to interact with their PCs, said Ian LeGrow, Group Program Manager for Windows Client at Microsoft Corp. By simulating the way people write and touch naturally, N-trig is helping to make it easier to navigate your PC and enable a new class of Windows experiences.

N-trigs touch technology is currently deployed in Dells Latitude XT, and was recently launched on HPs TouchSmart tx2. The company also plans to announce more OEM design wins in the coming year, representing industry standardization of the N-trig hardware in the marketplace and further breaking down the barriers between the user and their computer.

We would like to extend our thanks to all our investors for their support, said Amichai Ben-David, CEO of N-trig. We will use this funding to keep fueling technology innovations in Hands-on computing, providing leading OEM brands with new product platforms and supporting ISVs to develop new applications. Additionally, we intend to expand our global supply chain by developing breakthrough mobile platforms in order to create and penetrate new markets.

N-trigs DuoSense takes established technology to new levels, enabling a more intuitive and natural personal computing experience. Using zero-pressure capacitive touch, DuoSense technology offers cutting edge mobility and productivity, for software and hardware that is easily integrated, and provides the user with the ability to use our two most basic input devices the pen and our fingers.

About Canaan Partners:

Canaan Partners invests in visionary entrepreneurs and provides them the networks, insights and operational guidance required to build high-performance technology and healthcare companies. For over 20 years, Canaan has taken an active and committed role in the companies in which it invests, and has helped its portfolio companies complete about 70 mergers and acquisitions and 53 IPO’s. With $3 billion under management and a worldwide footprint, the firm is committed to catalyzing the growth of innovative companies in the digital media, communications & mobility, enterprise and clean-tech industries. Among its successes are DoubleClick, the leading online advertising solution, Match.com, the most popular online dating site in the world, CommerceOne, the company that pioneered B2B ecommerce; Capstone Turbine, first to market and world’s leading producer of commercially viable microturbine energy products; and VOIP equipment supplier Acme Packet, which was one of the top ten performing tech IPOs of 2006. Canaan has offices in California, Connecticut, India and Israel. For more information please visit: www.canaan.com.

About Evergreen:

Evergreen Venture Partners was established in 1987 as one of Israels first venture capital firms. Evergreen invests in early-stage Israeli and Israel-related companies in the following fields: software, Internet & media, communications and healthcare. Evergreens $650 million of venture capital funds under management represents one of the largest portfolios in Israel with investments in over 120 technology start-ups. Evergreen has exited successfully 35 portfolio companies through IPOs and acquisitions. Some of these companies include Traiana, Colbar, Identify, BigBand, P-Cube, Actona, Backweb, Exalink, Radvision and Radware. Evergreen is currently investing from its fifth generation fund, Evergreen V, a $200M fund. For more information, please visit www.evergreen.co.il

About N-trig

N-trig is revolutionizing the way people interact with computers by providing the industrys first dual-mode pen and touch input device. N-trigs DuoSense technology is the only combined pen, touch, and multi-touch interface for todays advanced computing world. N-trigs DuoSense dual-mode digitizer uses both pen and zero-pressure capacitive touch to provide a true Hands-on computing experience for mobile computers and other digital input products over a single device. DuoSense enables greater mobility and usability in the next generation of computing devices and notebook PCs, enabling new market opportunities for OEMs and ODMs to introduce computer products which offer a more intuitive and interactive experience. N-trigs digitizers are easily integratable, support any type of LCD, and keep devices slim and light. N-trigs technology can be implemented in a broad range of products from small notebooks to large format LCDs and can support a variety of applications including mobile, notebooks, convertible and all-in-one computing, gaming, entertainment, multimedia and more. Founded in 1999, N-trig is headquartered in Kfar Saba, Israel with offices in Austin, TX and Taipei, Taiwan. For more information, please visit www.n-trig.com.

Source: N-trig

New Venture Funding for Alzheimer's Disease Drug Developer

MADISON, Wis., Jan. 12 Mithridion, Inc., a drug development company focusing on serious Central Nervous System disorders, including Alzheimer’s disease (AD), announced today that it held an initial closing of $2.9 million in Series B Preferred Stock financing. The company will use the funds for the clinical development of MCD-386, its lead drug candidate, aimed at stopping or slowing down disease progression and improving memory and cognition in this devastating disorder. The company has raised $7.4 million to date in equity funding.

Venture Investors (VI – Madison, Wis.) led this latest round of financing. The State of Wisconsin Investment Board and Wisconsin Investment Partners, both of Madison, Wis., and Rocket Venture Fund (Toledo. Ohio), all existing shareholders, also participated in the latest funding. Mithridion plans to hold a final closing with respect to this financing on or before March 31, 2009.

John Neis, Managing Director of VI, will join Mithridion’s board of directors.

“This new funding will enable Mithridion not only to advance MCD-386 in Phase I trial, but will also support the development of exciting drug leads for AD and schizophrenia in our preclinical pipeline,” said Trevor M. Twose, Ph.D., the company’s Chief Executive. “We greatly appreciate the continued support of our shareholders,” he added.

Five million Americans suffer from Alzheimer’s disease today, and the number will grow as baby-boomers age. The market for Alzheimer’s disease drugs exceeds $4 billion, but is currently underserved, and may grow to greater than $10 billion with the development of drugs that are more effective.

MCD-386 is highly selective for the M1-type muscarinic receptor. In preclinical laboratory tests, MCD-386 appears to replace deficient brain acetylcholine activity, similar to that caused by AD. This drug is intended to improve memory and cognition, with improved tolerability compared to previously tested M1-selective muscarinic drugs. MCD-386 also appeared to activate alpha-secretase enzymes, which might reduce or prevent the loss of brain cells in AD by preventing the formation of amyloid beta. In preclinical laboratory tests, MCD-386 appeared to be superior to the best first-generation drug candidates of this type.

Four of the five currently approved drugs slow down the breakdown of acetylcholine, thereby boosting its concentration to overcome the deficiency in AD. However, unlike these drugs, MCD-386 is designed to mimic only the M1 activity of acetylcholine, with potentially greater efficacy and less side-effects.

Mithridion’s headquarters and preclinical drug research laboratories are in Madison, Wis., and its semi-virtual clinical drug development team operates out of Toledo, Ohio. The Company commenced operations in February 2006. During 2008, Mithridion acquired Cognitive Pharmaceuticals Ltd., (Toledo, Ohio), raised $2.3 million of Series B funding, and successfully completed the first stage of Phase I clinical trials of MCD-386.

Venture Investors is a venture capital firm with $190 million under management. The firm invests in seed and early-stage life science and technology companies in the Midwest, with a primary focus on opportunities that spin out of the region’s leading research universities. Formed in 1982, Venture Investors has offices strategically located next to the country’s third and fourth largest research institutions in Ann Arbor, Mich., and Madison, Wisc. For additional information on the firm, visit www.ventureinvestors.com.

Source: Mithridion, Inc.

RevaHealth.com Receives 1.25 Million Investment for International Expansion.

DUBLIN, Ireland RevaHealth.com has received a 1.25 million investment, led by Mianach Venture Capital and supported by Enterprise Ireland. The company welcomes this additional investment from Mianach Venture Capital, a supporter of RevaHealth.com since its founding in 2006. Enterprise Ireland is investing in RevaHealth.com as a High Performance Start Up company for 2008, in recognition of its rapid growth rate and the proven success of its business model.

RevaHealth.com will use the 1.25 million to continue the expansion of its health clinic search engine. Having originally focused on niche healthcare markets, RevaHealth.com is now expanding into wider local and national healthcare markets and plans to move into the Far Eastern and American markets later in 2009. More consumers are going online to research their healthcare options. RevaHealth.com provides a valuable service that gives consumers an easy way to find and compare health clinics worldwide, said Caelen King, founder and CEO of RevaHealth.com. We now intend to take our proven business model to a wider market.

Hugh ONeill of Mianach Venture Capital said, Consumers are beginning to take responsibility for their healthcare decisions and are turning to the internet in order to arm themselves with the information they need. There are over 1.5 million healthcare clinics in the Western world with a turnover of $500 billion in real and absolute terms. It is clear to us the potential of this market and that RevaHealth.com is well-positioned to further strength its position. Mianach Venture Capital is excited by the future prospects of the company.

About RevaHealth.com

RevaHealth.com is a search engine that helps users find and compare health clinics worldwide. Founded in 2006, it currently stores information on over 60,000 clinics in the UK, Ireland and 50 other countries worldwide. RevaHealth.com helps people take control of their healthcare choices and find the most suitable clinic and treatment for their needs.

RevaHealth is the registered business name of Global Medical Treatment Ltd.

About Mianach Venture Capital

Mianach is one of Ireland’s leading early stage, technology focused venture capital companies. Mianach aims to provide superior returns to investors in its fund by investing in, and helping entrepreneurs to grow, world class companies. Mianach specializes in investing in seed, start-up and early stage Irish technology businesses on the leading edge of new developments.

About Enterprise Ireland

Enterprise Ireland is the government agency responsible for the development and promotion of the indigenous business sector. Enterprise Irelands mission is to accelerate the development of world-class Irish companies to achieve strong positions in global markets resulting in increased national and regional prosperity.

Source: RevaHealth.com

SocialVibe Announces Closing of $8 Million Series B Financing

LOS ANGELES, Jan. 12 SocialVibe announced today it has closed an $8 million Series B financing led by JAFCO Ventures with significant participation from Series A investor, Redpoint Ventures. SocialVibe is a social media monetization platform that mobilizes millions of social media consumers to simply promote, distribute and support brands and charities. The additional funds will help the company aggressively grow its consumer and business partner relations, while accelerating product development efforts.

SocialVibe was founded on the principle of empowering people to utilize their influence within social media. The platform provides brands with a compelling solution for reaching people in a relevant and highly engaging manner within social media, while allowing the SocialVibe community the opportunity to leverage their online influence for causes of their personal choice.

As a result of this investment, Joe Horowitz, Managing General Partner of JAFCO Ventures, will join the SocialVibe board of directors. “In our view, SocialVibe has built a solution from the ground up that squarely meets the needs of the online advertising community while providing their membership a sense of greater purpose to their social media activities,” Horowitz says. “We are delighted to have the opportunity to join the SocialVibe team and to provide them the capital to scale a very compelling business model.”

“SocialVibe has brought soul to the intersection of social media and online advertising with a solution that resonates with advertisers, publishers and members,” says Greg Martin, Partner at Redpoint Ventures. “SocialVibe is more than a great business, they are a force for good.”

In less than a year, SocialVibe has grown to nearly 500k members, with thousands of new participants joining on a daily basis. SocialVibe’s current members are sharing their brand sponsors with over 10 million friends on social networks such as MySpace and Facebook, measuring over 100 million endorsed impressions monthly. Members can select from an expanding and varied roster of brand sponsors, including Coca-Cola, Sony Pictures, Sprint, Kraft Foods, Colgate-Palmolive and Jones Soda, to benefit one of more than 30 non-profit organizations, such as World Wildlife Fund, Stand Up to Cancer and charity: water.

“Today’s funding round represents a tremendous vote of confidence in our team, vision and business model,” said Kurt Johnson, SocialVibe CEO. “JAFCO and Redpoint Ventures are quality venture firms that understand our business and have the experience to help us grow into a leading advertising and monetization solution for social media.”

About SocialVibe:

SocialVibe recognizes that individuals hold the key to generating attention and wielding influence in social media. SocialVibe allows people to choose a brand sponsor to endorse, choose a charity to support and add their customized badge to existing social media profiles, blog or website. By displaying the badge, members earn points that accrue towards donations to their chosen charity. For more about SocialVibe, visit www.socialvibe.com.

About JAFCO Ventures:

Based in Palo Alto, California, JAFCO Ventures is a venture capital partnership focused on companies that are emerging leaders in the communications, Internet, semiconductor and software industries. JAFCO Ventures was formed in 2003 and currently manages more than $350 million in capital. The fund’s charter is to invest in venture opportunities with true breakout potential where JAFCO Ventures can meaningfully add value with capital, the experience of seasoned venture capital investors, and the deployment of our Asia business development team, to help portfolio companies generate revenue from customers in Japan and other parts of Asia. For more information, visit http://www.jafco.com/.

About Redpoint Ventures:

Redpoint Ventures focuses on partnering with and funding innovative companies that have the potential to define, lead, and change industries. Redpoint partners have many decades of experience and success in technology investing; combined with this foundation, the firm is able to leverage a thriving network of entrepreneurs, partners, and industry experts to accelerate building market-leading companies. Redpoint (www.redpoint.com) was founded in 1999 by partners from two of the top firms in the venture capital industry and currently has over $2 billion under management. The firm is headquartered in Menlo Park, CA with offices in Los Angeles and Shanghai, China.

Source: SocialVibe

Airborne Mobile Closes $2 Million Growth Financing Round

iNovia Capitals Funding Allows Company To Maintain its Expansion and Launch New Product Offerings

MONTREAL Garner Bornstein, CEO of Airborne Mobile Inc., a long-time innovator and leader in the mobile media industry, today announced the closing of a $2 million growth financing round with iNovia Capital. The injection of capital will be used to finance Airbornes new initiatives in mobile media and other business opportunities.

A 10-year pioneer in the mobile content industry, firmly-entrenched in partnerships with every major North American wireless carrier as well as with high-profile consumer brands like Foxs Family Guy and Food Network, Airborne is enjoying a renaissance despite the current economic environment. Only six months ago, the company initiated a management buy-out, taking back control from its previous majority shareholder, Japans Cybird Co. Ltd., and subsequently changed its name from Airborne Entertainment to Airborne Mobile to better reflect the wider scope of its operations and the planned expansion of its reach.

This is indeed a vote of confidence in our business and our management team, said Bornstein. After a summer of restructuring and refocusing, we have just completed the most profitable quarter in the companys history. We appreciate the faith and insight of the iNovia Capital team, and look forward to creating a New Airborne; one that optimizes the heritage and goodwill of the past while maximizing the opportunities of the present and future.

Ive actively witnessed what two amazing entrepreneurs can do with the right resources in hand, said Chris Arsenault, iNovia Capitals Managing Partner & COO, who becomes the newest member of Airbornes board of directors. Garner Bornstein and Andy Nulman founded Airborne and managed its amazing growth, from inception to its sale to Cybird. Im pleased to once again be instrumental in, and actively part of, the re-launch of a mobile powerhouse.

In addition to the ongoing operation of its legacy business, three of Airborne Mobiles new product initiatives for the first half of 09 include an application for home buyers and real estate agents, an interactive cable TV network and a privacy application that enables users to carry out mobile phone conversations without giving out their phone numbers.

The company and its two founding partners will be profiled on CBC Newsworld on January 24 and 25.

About Airborne Mobile Inc.

For over a decade, Airborne Mobile has blazed a distinctive trail, helping to pioneer, build and establish the burgeoning mobile media space by conceiving, creating and distributing best-of-breed mobile programs. Whether its messaging, graphics, video, ringtones, ringback tones, full-track downloads or supporting websites, the company is driven by market objectives and product originality, and infuses the appropriate technology to ensure their delivery. Ever since its debut, Airborne has been renowned as the go-to mobile company by well-known consumer brands like Family Guy, Maxim, NHL, SPEED TV, Food Network, Taco Bell and Marc Ecko Enterprises to reach the palms and pockets of their customers; by major wireless carriers for innovative products, merchandising and help with new initiative launches; and by promotional partners like ad agencies and retailers to deliver their messages via a most unique media channel. Airbornes distribution network is vast, partnering with every major wireless carrier in North America, as well as being well-established in the world of off-deck distribution. Airborne can further be explored by visiting www.airbornemobile.com.

About iNovia Capital

iNovia Capital manages seed and early stage venture capital funds, with a focus on helping entrepreneurs and innovators build successful companies in the sectors of information technology, life sciences and cleantech. iNovia Capital’s value-added approach to early stage investing provides portfolio companies with capital, unique access to intellectual property from its partner academic institutions and an extensive network of industry partners, advisors and sector-specific co-investors. For more information see www.inoviacapital.com.

Source: Airborne Mobile Inc.

Balderton Capital Announces New US$500m Fund

LONDON, January 12 Balderton Capital, Europe’s leading venture capital firm, today announces that it has raised US$430m in the first closing for its new fund. This is Balderton’s fourth fund, having raised US$550m in December 2006, US$375m in July 2004 and US$500m in May 2000.

Based in London, Balderton now manages approximately US$1.8bn in committed venture capital making it one of the largest VC firms outside the US. Since its inception in 2000, Balderton has invested in over 70 companies across a wide variety of technology sectors and geographies, including Europe, the US and China. Notable investments include bebo, (the social networking site, sold to AOL for US$850m), Betfair (the online betting exchange), Codemasters (the video games publisher), MySQL (the open-source database business, sold to Sun for US$1bn) and Setanta Sports (the European sports broadcaster).

Barry Maloney, General Partner at Balderton, commented:

“This is a great start for the year for Balderton in what is clearly a difficult economic environment. Our first fund was completed at the height of the dot com bust and we went on to invest in some of the strongest companies in our portfolio today. Each economic cycle provides opportunities for the best entrepreneurs and we are excited to be able to invest in tomorrow’s success stories in this our fourth fund.”

Notes to editors

About Balderton Capital

Balderton Capital is a leading venture capital firm, committed to finding and helping talented entrepreneurs build great companies. Balderton Capital approaches investment using the principles of teamwork and an intense dedication to building companies of lasting value. The partners combine Silicon Valley operating and company-building experience with a keen understanding of what it takes to build successful businesses in the media and technology markets. http://www.balderton.com

Source: Balderton Capital

FiREapps Raises $8.75 Million in New Funding, Announces Customer Acquisitions

Leading On-Demand Foreign Exchange Exposure Management Solution Provider Raises Series B Funding and Expands Customer Base in Troubled Economic Times

SCOTTSDALE, Ariz. FiREapps, the leading provider of on-demand foreign exchange exposure management software solutions, has raised $8.75 million in new funding, including $7.5 in VC funding from Trilogy Equity Partners and return investor Ignition Partners, plus an additional loan facility from Silicon Valley Bank.

Under terms of the agreement, Trilogys Charles Stonecipher has joined parent company Rim-Tecs board of directors. FiREapps also announced new key customers of the FiREapps solution, including CommScope, SPX, Plantronics and PharmaNet.

At a time of unprecedented market uncertainty, FiREapps ability to expand its customer base and secure investment to further expand its market presence is a testament to the strength of our offering, said FiREapps CEO Wolfgang Koester. Our partnership with Trilogy Equity Partners, combined with our ongoing relationship with Ignition Partners, as well as Silicon Valley Bank, and the growing number of industry-leading companies who have embraced our solution, supports our firm belief that we offer the right product at the right time for companies who need to manage economic and accounting risks, reduce costs and preserve liquidity.

Our organization scrutinizes hundreds of business opportunities, and FiREapps struck us as one that is uniquely positioned to flourish in todays economic climate, said Chuck Stonecipher, director, Trilogy Equity Partners. FiREapps has delivered a proven solution to the marketplace that provides companies with a critical element in their struggle to manage foreign exchange risks at a time of unprecedented volatility. We are excited to invest in a company that offers proven, on-demand solutions to help organizations protect corporate value at a time when uncertainty is plentiful and credit is scarce.

Stonecipher joins former Microsoft CFO and current partner at Ignition Partners John Connors on the FiREapps board of directors.

Managing foreign exchange risk is one of the toughest jobs in finance, said Connors, For treasury organizations forced to do more with less, FiREapps provides the only solution that will reduce their FX risks while simultaneously lowering costs. The success they have accomplished during a period of economic challenges continues to build on our excitement and optimism.

An additional loan facility from Silicon Valley Bank provides FiREapps with additional cash to continue the expansion of its customer base.

At a time when the market as a whole is sensitive to risk, we remain dedicated to our clients success and are excited to provide FiREapps the financial resources it needs to address the risk of foreign currency exposures for multinational corporations, said Cindy Buell of Silicon Valley Banks Phoenix office.

About FiREapps

FiREapps, a subsidiary of Rim-Tec, Inc., is the leading provider of foreign exchange exposure management software. The company provides technologies and services that help corporations optimize foreign exchange processes. These solutions help customers reduce cost and mitigate risk while increasing profitability and operational efficiencies. FiREapps has offices in Arizona, California, Florida, North Carolina and Oregon.

Source: FiREapps

Goodmail Systems Secures Additional $4 Million in Funding from Omidyar Network

Investment Completes $25 Million Funding Round; Omidyar Network Partner Matt Halprin named to Goodmail Board of Directors

MOUNTAIN VIEW, Calif. Goodmail Systems, the creator of CertifiedEmail, the industrys standard class of trusted email, today announced that it has received $4 million in funding from Omidyar Network as part of a $5 million second closing of a funding round led by Bessemer Venture Partners. This brings the total investment in this round to $25 million. The new funding will enable Goodmail to further enhance its core product, CertifiedEmail, so that non-spam messages with multimedia and active content can be delivered and opened with complete security.

Were excited that Goodmail is Omidyar Networks first investment related to our recently added focus on trust, reputation and identity, said Matt Halprin, partner, Omidyar Network. Goodmail stands out in a crowded field of companies looking to take the security risks like phishing scams, malware and viruses out of email communication. By supporting companies that help foster trust online, Omidyar Network hopes to encourage increased engagement in online platforms.

Omidyar Network is a philanthropic investment firm that was started by eBay founder Pierre Omidyar and his wife, Pam. In addition to capital, Omidyar Network will also support Goodmail with expertise related to building trust online. Matt Halprin, partner at Omidyar Network, will join the Goodmail board of directors. Halprin previously held the role of vice president of Global Trust and Safety for eBay, where he was responsible for minimizing fraud and other trust-reducing behavior while increasing marketplace revenue.

Goodmail CertifiedEmail provides the only reliable way for consumers to identify authentic messages from legitimate commercial and non-profit senders from whom they have asked to receive email. CertifiedEmail messages are marked with a blue ribbon icon that consumers can easily recognize. Available only to senders with the best email practices and consumer reputation, CertifiedEmail assures delivery of all messages to the inbox, and provides a rich experience for consumers by keeping all links and images enabled.

Even during this challenging financial environment, its clear that Goodmails business model is a winning formula, said Goodmail CEO Peter Horan. The funding Omidyar Network has provided along with the firms high level of expertise in online consumer trust, reputation and identity issues will certainly help to strengthen the Goodmail brand.

About Goodmail Systems

Goodmail Systems makes CertifiedEmail, the industry standard class of trusted email. CertifiedEmail provides a safe and reliable means for consumers to easily identify authentic email messages from legitimate commercial and nonprofit email senders. Each CertifiedEmail is sent with a cryptographically secure token that assures authenticity, and is marked in the inbox with a unique blue ribbon envelope icon, enabling consumers to visually distinguish email messages which are real and sent from email senders with whom they have a pre-existing relationship. Available to email senders meeting strict standards for best practices and low complaint rates, it is the only class of email available that assures delivery of all opt-in email messages to the inbox, with links and images automatically rendered intact, yielding measurable improvements in email campaign effectiveness. CertifiedEmail has been adopted by seven of the nation’s top ten email mailbox providers, and is in use by 500 commercial, government and non-profit senders. It is supported in North America and Europe by a wide network of email platforms and service providers. For more information, go to www.goodmailsystems.com (businesses) or www.certifiedemail.net (consumers).

About Omidyar Network

Omidyar Network is a philanthropic investment firm committed to creating opportunity for people. Established by Pierre Omidyar, the founder of eBay, and his wife Pam, Omidyar Network supports nonprofit and for-profit efforts that enable people around the world to improve their lives and make powerful contributions to their communities. Since 2004, Omidyar Network has funded a number of organizations in areas such as microfinance, social media, and government transparency. To learn more about Omidyar Network, please visit www.omidyar.net.

Source: Goodmail Systems