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| Press Releases |
| Portfolio News |
| JGV in the News |
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Unicorn™ announces Seed Round of $6 million Led by Jerusalem Global Ventures Jerusalem, October 3, 2001: Unicorn™ Solutions Inc., pioneer of the next generation in information integration, today announced it has closed its initial financing round of over $6 million extending the preliminary closing of $3m announced earlier. Jerusalem Global Ventures (JGV) led the round. According to Founder & CEO, Dr. Zvi Schreiber, "This round gives Unicorn the resources to complete the roll out of the Coherence™ Platform and to bring it to market worldwide. In addition, JGV extends the Company's network of contacts with the Global 1000 - all of which have a strong need for more coherent access to their information asset." Commenting on the round, Shlomo Kalish, Founder of Jerusalem Global Ventures, said "Unicorn, with its unique technology and experienced management team is poised to solve a $15 billion a year problem of integrating information from disparate data formats." Yoni Hashkes, Managing Partner at Jerusalem Global Ventures, will be joining Unicorn Solutions' Board of Directors. Hashkes commented, "Companies are today limited in their ability to integrate their internal information repositories. Those that do approach this daunting task are relegated to using Stone Age tools. Unicorn's Coherence Platform will revolutionize this field." About Unicorn™ Solutions Inc: Unicorn Solutions Inc., founded on 01/01/01 by Zvi Schreiber and Rannen Meir, is pioneer of the next generation in information integration in which information can be accumulated, managed and utilized entirely independently of disparate underlying data formats. The Company is currently rolling out the Unicorn Coherence™ platform, which realizes this vision. Through the computer-aided creation of a central model, Coherence allows companies to drive efficiency strategically by turning disparate sources of data into a single coherent body of information. Unicorns investors include Jerusalem Global Ventures, Israel Seed Partners, Apropos and Tecc-IS. For more information: www.unicorn.com About Jerusalem Global Ventures: Jerusalem Global Ventures (JGV, see www.jgv.com) is a $200 million venture capital fund, focused on telecommunications, Internet-enabling technologies and medical devices. JGV's partners have proven track records in building and managing successful high technology enterprises. Its investors include many of the world's leading hi-tech companies and financial institutions, as well as individual executives from premier companies. JGV's investors include: America Online, NDS, Comverse, Telecom Italia, Agilent Technologies, Motorola, Conexant, Bausch & Lomb. Jerusalem Global Ventures has offices in Israel and the United States. For more information contact Jonathan Beller Back to Press Releases |
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