Contigo Software receives venture capital funding from Angel Hawk Investments.SAN DIEGO--(BUSINESS WIRE)--April 28, 1997--Contigo Software, developer and publisher of Web-based collaborative software This is a list of collaborative software (or list of groupware) applications. Wiki software is on a list of wiki software. Open source or free software The following are open source or free software applications. products, Monday announced that it has received financing from Angel Hawk Investments LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , a Del Mar Del Mar is the name of several places in the United States of America:
An investor who provides capital to either start-up ventures or support small companies who wish to expand but do not have access to public funding. Notes: Venture capitalists usually expect higher returns for the additional risks taken. firm. While the terms of the financing remain undisclosed, it has been confirmed that in addition to the funding, Angel Hawk will provide a variety of management services and operational support for Contigo as part of its contribution to the company. Angel Hawk Investments was formed to invest, both passively and actively, in technology-driven companies. Founded in 1996, Angel Hawk is comprised of a partnership of proven experts in the fields of high-technology investments, finance, corporate management and legal counsel. Earlier this year, Contigo launched Itinerary Web Presenter, the company's flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , which brings completely new and unique collaborative communications capabilities to Internet and intranet users. Itinerary is Java-based Web site presentation and collaboration software See collaborative software. which enables a user to assume the role of "pilot" and remotely navigate one or more "passengers" through a live presentation of one or multiple Web sites. The one-to-one or one-to-many tours are launched without the need for client software installation -- a feature that separates Itinerary from other Internet collaboration products See collaborative software. . In addition, Contigo recently introduced Attache ATTACHE. Connected with, attached to. This word is used to signify those persons who are attached to a foreign legation. An attache is a public minister within the meaning of the Act of April 30, 1790, s. 37, 1 Story's L. U. S. , a set of APIs which enable Java developers to build new applications to work in conjunction with Itinerary, and make existing applications collaborative through the use of the Itinerary engine. "We believe that Contigo's core technology can catapult the company as an emerging force in the growing marketplace of Web-based collaboration products," stated Amir Moussavian, general partner of Angel Hawk. "It is our goal to provide Contigo with expansion capital, strategic corporate financial development, legal and accounting advice in order to assist the company in achieving realistic growth for private placement or public offering opportunities." Strategic Partnership Moussavian will assume the role of chief executive officer (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. ) for Contigo Software. Moussavian has more than 12 years' business experience in the computer industry, specializing in the PC and Local Area Networking markets. In 1993, he founded HawkNet Inc., a company which developed and manufactured network management software for Novell networks. Within a two-year period, Moussavian grew HawkNet from a start-up venture into a $20 million acquisition valuation. Prior to HawkNet, Moussavian served as president and CEO of GigaTrend Inc., where he was responsible for building the company revenues from less than $300K per year to more than $15 million per year. Doug Cooper will retain his role as president of Contigo Software. Before founding Contigo, Cooper was president and managing partner for Cooper Iverson Marketing, a leading high-tech marketing and public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most firm specializing in client server and Internet technologies. He served in these positions from 1990 through 1996. Cooper has also served in upper-level marketing and sales management Sales Management Role and Goal Importance of sales management is critical for any commercial organization. Expanding business in not possible without increasing sales volumes, and effective sales management goal is to organize sales team work in such a manner that ensures a positions at various San Diego-based high-tech companies, including Artecon and Emerald Systems. "We chose Angel Hawk Investments for much more than funding -- they bring invaluable experience to Contigo in all functional areas, including senior management, sales, marketing, engineering and operations," stated Doug Cooper, president of Contigo Software. "We are confident that the experience and funding from Angel Hawk will enhance our ability to develop, sell and market our current and future product lines." Scott Neill and Vahe Guzel, also principals in Angel Hawk, will assume the roles of Chief Financial Officer (CFO See Chief Financial Officer. ) and vice president of operations, respectively. Andrew Scherpbier will serve as vice president of research and development. About Contigo Based in San Diego, Contigo Software is a developer and publisher of products for interactive, World Wide Web-based collaborative communications and presentations. Founded in 1996, Contigo is dedicated to providing easy-to-use, cross-platform software tools that introduce the human touch to Web-based interaction. Contigo is a privately held, venture capital funded company. For more information, contact: Contigo Software, 8334 Clairemont Mesa Blvd., Suite 214, San Diego, Calif. 92111. Tel: 619/278-5900; Fax: 619/292-1454; e-mail: info@contigo.com; Web: www.contigo.com . CONTACT: Contigo Software, San Diego Doug Cooper, 619/278-5900 doug@contigo.com or Cooper Iverson Marketing Stella Vanderpool, 619/292-7400 stella@coopiver.com |
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