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News from the Portfolio:

InStoreCard in which Outlook invested in April along with Canaan Partners and Mobius Ventures, has launched the initial version of its loyalty marketing service and will shortly be announcing beta/trial agreements with several well known retailers. The company expanded its senior management team with the addition of CTO, John McDowall, a 20+ year software veteran and former CTO at Grand Central, MySimon and 2Bridge Software.

06/23/2004

LinkShare Announces Partnership with Startup InStorecard

03/18/2004

InStorecard receives Series A funding

Bridgestream announced two senior managers have joined the team: Phil Coady as VP Sales and Jeff Shukis as VP Engineering. Phil was recently VP Sales & Marketing at Plateau Systems and previously Regional Sales Mgr at Aether Systems. Jeff has previously held Vice President roles in engineering and operations at PointServe, Promptu and Knowledge Universe. Bridgestream was chosen by Jim Lauderback, writer for eWeek as one of three companies that will change your business.

04/14/2004

Venture Watch: Three Companies That Will Change Your Business

02/23/2004

Silicon Valley Firms Test Fed Waters

02/16/2004

Bridgestream Secures $3.5 Million Investment

Reconnex announced in May an agreement with federal solutions integrator, SafeHarbor Systems for the resale of its products to the Federal government. Reconnex expanded its team with the addition of a new VP Sales, Tom Spadafore and Dir of Product Marketing, Kevin Cheeks. Tom was formerly EVP at GreenBorder, EVP at BrightMail and SVP Sales at Netopia. Kevin was recently VP of Worldwide Customer Service and Engineering at Redback Networks and previously held senior engineering and product roles at Cisco, Freegate, and Apple Computer.

06/07/2004

Reconnex signs first reseller partner in Safe Harbor

05/03/2004

Venture capitalists zero in on security

05/03/2004

Reconnex's Don Massaro Named 'Ceo of The Quarter' by Security Analyst and Consulting Firm Trusted Strategies

Classmates Online, a Renton, Washington based company, boosted its track record to over 2 years of profitable operations as of June 30th. The company serves over 35 million online subscribers and has over 2 million paid members, and has recently added many new services for its customers, including a way to communicate with corporate alumni, Classmates also announced that Anil Pereira, former EVP at Verisign, has joined as SVP in charge of new businesses and strategic alliances.

05/13/2004

Classmates Online, Inc. Acquires Sweden's Klasstraffen.com

05/06/2004

Classmates Online, Inc. Launches Reunion Center 2.0.; Online Ticket Sales and Payment Capability Save Time for Reunion Planners & Attendees.

05/18/2004

Classmates Online and T-Online Launch Strategic Partnership in Germany; StayFriends, a Classmates Community, Integrated into T-Online Portal

Echopass, the leading service provider of on demand contact center solutions, was selected by Red Herring as a "Top 100 Private Company" representing what it considers one of the "brightest stars in the business universe... with the potential to become the next titans of technology." Echopass announced the availability of Telecenter 2.0 for salesforce.com. First introduced in 2003, Telecenter is the product of an alliance formed by Echopass, salesforce.com and Genesys Telecommunications to deliver pre-integrated, hosted contact center and CRM services. Echopass also launched a small business edition of its enterprise Call Center on Demand, tailoring the features and manageability to smaller call centers.

05/11/2004

Echopass named to Red Herring Top 100 Private Companies list

nSite Software announced that Bob Jandro has joined the company as CEO. Bob is a former Group Vice President of Communications markets at Oracle and was EVP at ONI (acquired by Ciena). The company has rounded out its management team by hiring Stewart Schmidt as VP Sales (former CEO, Market Partners, and COO of OAO). nSite was featured in May in an article in Information Week on the Use of Web Service to Automate Business Processes.

06/11/2004

Automation made easy at Pleasanton startup

06/10/2004

Using a Web Service To Automate Business Processes

06/08/2004

Software firm raises $6 million

Active Network filed for an Initial Public Offering (S-1) during the past quarter. The company dominates the market for local sports activites and event registration, as well as parks/recreation registration software. Activeäs software allows local sports groups (Little League, soccer, marathons, etc) to easily sign up and track participants. Active is also the leading aggregator of local sports team websites and derives much of its revenues from advertising and direct marketing to local sports enthusiasts. Other investors in Active include: Canaan Partners, Charles River Ventures, and Ticketmaster.

04/01/2004

Active.com Acquires Do It Sports, Inc.

03/01/2004

Brands Tap Into Peer-to-Peer Marketing Power of Athletes

03/01/2004

Oregon's City of Tigard Makes the Switch to RecWare Software For Facility Reservation Process

Epiance is the leading provider of Business Process Improvement (BPI) software which helps businesses automate a significant part of the extensive manual effort currently being expended to analyze, design, deploy, improve, measure and monitor business processes. Epiance has recorded a number of noteworthy new customers, including: Microsoft, IBM, Merrill Lynch, USAA, Aetna, SBC, The Hartford, Nippon Steel, Mitsubishi Electric and Toyota. ÜThe results show the benefit of our strong position in the high-end of the Business Process Performance Improvement market", stated Shankar Ramamurthy, Epiance CEO. "We also made great progress in building the components of our Business Process Improvement solutions , which we expect will fuel our continuing strong growth in the upcoming year.

03/31/2004

Epiance Announces Its First Reseller Partnership For ASEAN Region

05/19/2004

Epiance Announces the Formation of Technical Advisory Board

03/15/2004

Epiance awarded Fantastic 50 for 2nd Consecutive Year

Toolwire, a provider of technology-based labs enabling companies to more effectively sell, support and train [who or what?], expanded its presence into Europe, developing alliances with several leading firms including Thomson and Reuters. The company also expanded its product line, supporting the latest Cisco and Microsoft offerings. To facilitate further expansion, Cameron Crowe has been hired as Vice President of Marketing.


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