Conning Capital Partners Invests in GlobalView Software Inc.; Latest Round to Assist in Bringing New Solution to Global Energy Industry.Business Editors HARTFORD, Conn.--(BUSINESS WIRE)--Dec. 4, 2003 Conning Capital Partners, a private equity group, led a substantial equity investment in GlobalView Software Inc.(R), the leading provider of data management solutions for global energy markets. The Series B round of financing totaled $5,520,000. Conning Capital Partners invested $5,000,000. Other investors in this round also includes follow-on investment from Dodi Ventures LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , an affiliate of Dodi Management LLC, and Prosperitas Investment Partners Inc., a Private Equity Fund located in Louisville, Kentucky “Louisville” redirects here. For other uses, see Louisville (disambiguation). . George Doherty George E. Doherty (September 5, 1920 - December 31, 1987) was a National Football League player from 1944-1947, who thereafter was the defensive coach of the Louisiana Tech University Bulldogs in Ruston and the head coach of the Northwestern State University Demons in Natchitoches , Principal, and David W. Young, Partner, of Conning Capital Partners will join GlobalView's Board of Directors. "The quality of GlobalView's team and the compelling value proposition of their technology have positioned them to further their lead as providers of powerful data management solutions for global energy markets," said George Doherty, Principal, Conning Capital Partners. "We have a great deal of confidence in GlobalView's existing solutions and believe that MarketView will soon become the product of choice for energy market data management. We want to be part of bringing this solution to the energy industry." GlobalView recently launched the high performance web-based product MarketView(R) for use throughout the energy industry. MarketView sets a new standard in energy data management and operational efficiency by delivering and displaying two-way real time streaming data Data that is structured and processed in a continuous flow, such as digital audio and video. See streaming audio and streaming video. allowing clients to use this information throughout the enterprise. This flexible, web-enabled Java product works via network, intranet and the Internet. MarketView offers one source for comprehensive energy information shared seamlessly throughout the enterprise with full connectivity into back-end office systems, including risk management and billing systems. The solution is composed of a series of information display components, with a powerful framework that provides a highly flexible and personalized per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. interface for data viewing and analysis. Its market leading instant messaging Exchanging text messages in real time between two or more people logged into a particular instant messaging (IM) service. Instant messaging is more interactive than e-mail because messages are sent immediately, whereas e-mail messages can be queued up in a mail server for seconds or functionality lets users communicate and share information to better formulate strategies with private or enterprise-wide chats including attachment of real-time quotes, charts, tables, and news components. "This new financing further validates GlobalView's business plan and product development strategies. We are very pleased to have Conning Capital Partners participate in the recent financing and demonstrate their confidence in our approach," Jon Olson, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , GlobalView Software Inc. added. About GlobalView Software Inc.- GlobalView Software Inc., based in Chicago, Illinois, with offices in Houston, Stamford, Washington D.C., London, and Singapore, is continually changing the way companies manage and access real-time streaming and historical market data from it's signature desktop solution, GlobalView, to its latest web-based product, MarketView. GlobalView allows customers to optimize optimize - optimisation their use of information and lowers client's total cost of ownership by aggregating mission-critical information into one consistent framework and then integrating the information into enterprise-wide solutions. GlobalView software products, information services See Information Systems. and consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" are developed using state-of-the-art technologies and best practices. For further information on MarketView and other GlobalView solutions please visit www.gvsi.com. About Conning Capital Partners- Conning Capital Partners, a private equity firm, is a prominent investor in financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. and healthcare services. Its main areas of investment include banking and finance, insurance, capital markets, healthcare services and employee benefits, as well as supporting services and technology enterprises within these industries. With approximately $600 million currently under management, Conning Capital Partners is a leading source of capital for high-growth entrepreneurial companies in these sectors. For more information on Conning Capital Partners, go to www.conningcapital.com. |
|
||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion