Fullscope, Inc. Receives $10 Million Funding From Massey Burch Capital Corp., and River Cities Capital Funds.Business Editors & High Tech Writers ANN ARBOR Ann Arbor, city (1990 pop. 109,592), seat of Washtenaw co., S Mich., on the Huron River; inc. 1851. It is a research and educational center, with a large number of government and industrial research and development firms, many in high-technology fields such as , Mich.--(BUSINESS WIRE)--Nov. 21, 2000 Fullscope, Inc., The eSolutions Center, today announced that it has received $10 million in financing led by venture capitalists Massey Burch Capital Corp., and River Cities Capital Funds, enabling the business solutions provider to leverage its aggressive 2001 growth efforts focusing on vertical marketing strategies, new product introductions and business organization. Current investors Wakefield Group, EDF (algorithm) EDF - earliest deadline first. Ventures, Operon Partners, Scient and Northcoast also participated in the Preferred B round funding. Headquartered in Ann Arbor, Michigan “Ann Arbor” redirects here. For other uses, see Ann Arbor (disambiguation). Ann Arbor is a city in the U.S. state of Michigan and the county seat of Washtenaw County. and employing 20 staff members, Fullscope Inc. utilizes an XML-enterprise platform that supports collaborative and communications applications and services. "As a new player in the emerging application service provider (ASP) market, we're very excited to be recognized by premier venture capitalists such as Massey Burch and River Cities," said Don Springer, President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Fullscope. "These industry leaders lend strength, depth and a sound value proposition to our efforts as an aggressive aggregator of application service providers." According to William F. Earthman, III, with Massey Burch, Fullscope's sensible business plan and initiatives create new and exciting opportunities within the ASP market. "Fullscope executives presented us with a compelling opportunity to participate in the success of this promising company," said William F. Earthman, III, general partner with Massey Burch. "Fullscope clearly has in place a strong management team, sound intellectual property and strategic partnerships to support its position as an industry innovator for the integration and aggregation of best-of-class applications and services." Carter McNabb with River Cities agrees. "Fullscope provides a strong clarity to the `flea market' of ASP aggregators and fully understands the future and direction of ASP integration," said Carter McNabb, associate with River Cities. "As a result, we are confident in the company's ability to emerge as a major contributor to this industry." About Fullscope, Inc. Founded in 1999, Fullscope is defining the collaborative Applications Service Provider (ASP) market. Fullscope was founded to provide customers with a single source for integrated applications, content, and eCommerce services. The backbone of Fullscope's offering is a unique Service Delivery Architecture (SDA SDA abbr. specific dynamic action Serotonin dopamine antagonist (SDA) The newer second-generation antipsychotic drugs, also called atypical antipsychotics. ) that integrates diverse online services into a single interface. Fullscope was one of the first selected companies to lead Scient's (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :SCNT Noun 1. SCNT - moving a cell nucleus and its genetic material from one cell to another nuclear transplantation, somatic cell nuclear transfer, somatic cell nuclear transplantation biological research - scientific research conducted by biologists ) Accelerator Partnership Programs. Fullscope is a member of SyncML founded by Ericsson (NASDAQ:ERICY), IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) (NYSE NYSE See: New York Stock Exchange :IBM), Lotus, Motorola (NYSE:MOT), Nokia, Psion, Palm Inc (Nasdaq:PALM), and Starfish Software (a wholly owned independent subsidiary of Motorola). For more information, visit www.Fullscope.com. |
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