2012年1月30日星期一
2012年1月2日星期一
Cross Atlantic Capital Partners Leads Series A Funding for Sagence Group
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Posted December 12, 2011
In addition to providing working capital, the investment will enable the company to expand sales and marketing and hire additional professional services staff.
“We believe that Sagence Group is unique in its ability to help its clients use their information assets in a strategic manner, due in large part to the management’s extensive experience in IT-focused management consulting, combined with its focus on data management and analytics,” said Don Caldwell, founder and CEO of Cross Atlantic Capital Partners. “The management team is comprised of seasoned entrepreneurs who have co-founded successful companies. They know how to attract and service clients, build long-term relationships, and grow a successful consulting firm.”
Sagence Group was founded by Bruce Quade and Alan Matsumura, both founding partners of Diamond Management & Technology Consultants, a successful management consulting firm that was acquired by PricewaterhouseCoopers for $378 million in 2010. Ten of Sagence’s current eleven partners were partners at Diamond, and three of which were founding partners.
Research firm Gartner Group estimates that the Data Analytics market represents $1.65 billion annually, and predicts explosive growth for the industry as the amount of data produced grows tenfold or more in the next 8-10 years. Gartner’s research also shows that Data Analytics has been cited as a ‘top five’ priority by CIOs over the last three years.
Commensurate with the funding, Cross Atlantic will name Donald Caldwell to the Board of Directors.
About Cross Atlantic Capital Partners
Based in Radnor, Pa., Cross Atlantic Capital Partners (“XACP”) is one of the leading venture capital firms based in the mid-Atlantic region, with over $500 million under management. XACP invests primarily in technology companies in the United States, Ireland, and the United Kingdom. Leveraging its deep, multi-disciplined network of global contacts, and the operational experience of its investment team, the firm actively assists its entrepreneurs and portfolio companies. The XACP portfolio currently includes a diverse array of companies focusing on Enterprise Software, SaaS, IT Services, Telecommunications, Financial Services, and other innovative technologies. http://www.xacp.com/.
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Posted December 12, 2011
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RADNOR, Pa.–(BUSINESS WIRE)–Cross Atlantic Capital Partners announced today that it led the Series A financing round for Sagence Group, a management consulting firm focused on providing data strategy, management and analytics services to companies in Financial Services, Insurance, Healthcare, Consumer Services and Consumer Products industries. Terms of the deal were not disclosed.In addition to providing working capital, the investment will enable the company to expand sales and marketing and hire additional professional services staff.
“We believe that Sagence Group is unique in its ability to help its clients use their information assets in a strategic manner, due in large part to the management’s extensive experience in IT-focused management consulting, combined with its focus on data management and analytics,” said Don Caldwell, founder and CEO of Cross Atlantic Capital Partners. “The management team is comprised of seasoned entrepreneurs who have co-founded successful companies. They know how to attract and service clients, build long-term relationships, and grow a successful consulting firm.”
Sagence Group was founded by Bruce Quade and Alan Matsumura, both founding partners of Diamond Management & Technology Consultants, a successful management consulting firm that was acquired by PricewaterhouseCoopers for $378 million in 2010. Ten of Sagence’s current eleven partners were partners at Diamond, and three of which were founding partners.
Research firm Gartner Group estimates that the Data Analytics market represents $1.65 billion annually, and predicts explosive growth for the industry as the amount of data produced grows tenfold or more in the next 8-10 years. Gartner’s research also shows that Data Analytics has been cited as a ‘top five’ priority by CIOs over the last three years.
Commensurate with the funding, Cross Atlantic will name Donald Caldwell to the Board of Directors.
About Cross Atlantic Capital Partners
Based in Radnor, Pa., Cross Atlantic Capital Partners (“XACP”) is one of the leading venture capital firms based in the mid-Atlantic region, with over $500 million under management. XACP invests primarily in technology companies in the United States, Ireland, and the United Kingdom. Leveraging its deep, multi-disciplined network of global contacts, and the operational experience of its investment team, the firm actively assists its entrepreneurs and portfolio companies. The XACP portfolio currently includes a diverse array of companies focusing on Enterprise Software, SaaS, IT Services, Telecommunications, Financial Services, and other innovative technologies. http://www.xacp.com/.
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Digital Reasoning Raises Venture Financing for Automated Understanding of Big Data
NASHVILLE, TN–(Marketwire -12/06/11)- Digital Reasoning, a leader in understanding unstructured data at scale, today announced it has raised a Series B round with participation from In-Q-Tel, individual partners of Silver Lake, and other private investors. With this round, Digital Reasoning will add John Brennan to its board of directors. Brennan is a partner at Silver Lake Sumeru.
The investment will be used to accelerate development and expand marketing and sales into new Financial Intelligence, Enterprise Risk Management, and related markets with Synthesys®, the company’s flagship product that identifies, summarizes and reveals hidden relationships between people, places and events in big data. Currently, Synthesys is being used in government agencies to uncover security threats and enable intelligence analysts to find and act on critical relationships in big data while containing the costs of and dependence on human reading.
“Organizations in every market are looking for ways to exploit the information and intelligence embedded in unstructured data; Synthesys could be a transformational solution in the enterprise as organizations develop their big data strategies,” said John Brennan. “Digital Reasoning’s platform can go beyond its success in the government intelligence market to help enterprises quickly analyze big data to detect fraud, uncover market trends, gain better insight into customer behavior, and mitigate risk.”
“We are thrilled to have an investment from this caliber of investor and we welcome John to our board. His software and operating experience will help us scale and expand into new markets,” said Tim Estes, CEO at Digital Reasoning. “Until now, the tools available on Big Data have been focused on mostly structured data that is well formed and easily countable. Now, we can bring rich understanding of human communication — unstructured data — into new markets through a next generation of analytics that scales and runs on technologies like Hadoop.”
Synthesys has solved three key impediments to the growth of the Big Data Analytics market:
About Digital ReasoningDigital Reasoning provides Automated Understanding for Big Data. Automated Understanding analyzes unstructured and structured big data to reveal the hidden and potentially valuable relationships between people, place and time. More than a dozen government agencies use Digital Reasoning’s flagship product, Synthesys, to uncover security threats and accelerate the time to actionable intelligence. The company is headquartered in Franklin, Tennessee, with an office in Arlington, Virginia. For more information, please visit www.digitalreasoning.com.
Digital Reasoning™ and Synthesys® are trademarks of Digital Reasoning Systems, Inc.
http://tourism9.com/
The investment will be used to accelerate development and expand marketing and sales into new Financial Intelligence, Enterprise Risk Management, and related markets with Synthesys®, the company’s flagship product that identifies, summarizes and reveals hidden relationships between people, places and events in big data. Currently, Synthesys is being used in government agencies to uncover security threats and enable intelligence analysts to find and act on critical relationships in big data while containing the costs of and dependence on human reading.
“Organizations in every market are looking for ways to exploit the information and intelligence embedded in unstructured data; Synthesys could be a transformational solution in the enterprise as organizations develop their big data strategies,” said John Brennan. “Digital Reasoning’s platform can go beyond its success in the government intelligence market to help enterprises quickly analyze big data to detect fraud, uncover market trends, gain better insight into customer behavior, and mitigate risk.”
“We are thrilled to have an investment from this caliber of investor and we welcome John to our board. His software and operating experience will help us scale and expand into new markets,” said Tim Estes, CEO at Digital Reasoning. “Until now, the tools available on Big Data have been focused on mostly structured data that is well formed and easily countable. Now, we can bring rich understanding of human communication — unstructured data — into new markets through a next generation of analytics that scales and runs on technologies like Hadoop.”
Synthesys has solved three key impediments to the growth of the Big Data Analytics market:
- Eliminating the need for a data model to aid understanding of text
- Handling diverse data at scale without compromising the depth of understanding
- Inventing a way to automatically understand the meaning of words in context
About Digital ReasoningDigital Reasoning provides Automated Understanding for Big Data. Automated Understanding analyzes unstructured and structured big data to reveal the hidden and potentially valuable relationships between people, place and time. More than a dozen government agencies use Digital Reasoning’s flagship product, Synthesys, to uncover security threats and accelerate the time to actionable intelligence. The company is headquartered in Franklin, Tennessee, with an office in Arlington, Virginia. For more information, please visit www.digitalreasoning.com.
Digital Reasoning™ and Synthesys® are trademarks of Digital Reasoning Systems, Inc.
http://tourism9.com/
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