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| Press Releases |
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| JGV in the News |
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Unicorn™closes $3 million seed financing New York, New York, March 20, 2002: Unicorn Solutions, Inc., a leading provider of strategic enterprise data integration solutions, today announced that it has extended its Series A Preferred financing round with an additional investment of $2.7 million. This follows the earlier $6.1 million Series A Preferred investment announced in late 2001. Further financial terms were not disclosed. The extension officially closed in February 2002. Participating in this investment extension were existing investors Jerusalem Global Ventures (lead investor), Intel Capital, Bank of America Equity Partners, Apropos IT Ventures, and Tecc-IS. “This capital provides the necessary resources to allow the company to ramp up its sales operations as we roll out our innovative solution to a number of Global 100 enterprises,” said Unicorn’s Founder & CEO, Dr. Zvi Schreiber. “Unicorn has been working very closely with its financial and corporate investors and is delighted to receive this investment." About Unicorn Solutions, Inc. Unicorn Solutions, Inc. is a leading provider of strategic data integration products in which information can be accumulated, managed, and utilized based on underlying meaning, entirely independent of incompatible data formats. The Company is currently rolling out the Unicorn Coherence™ platform, which realizes this vision. Through the computer-aided creation of a central information model, Coherence allows companies to strategically drive efficiency by turning incompatible data sources into a single consistent body of information. Unicorn’s investors include: Jerusalem Global Ventures, Bank of America Equity Partners, Intel Capital, Israel Seed Partners, Tecc-IS and Apropos. For more information: www.unicorn.com About Jerusalem Global Ventures: Jerusalem Global Ventures (JGV) is a $200 million group of early stage venture capital funds, focused on telecommunications, Internet-enabling technologies and medical devices. JGV's partners have proven track records in building and managing successful high technology enterprises, and JGV's 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, and others. Jerusalem Global Ventures has offices in Israel and the United States. Back to Press Releases |
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