Genius.com Secures $10 Million in Series B Financing Led by MDV-Mohr Davidow Ventures.Prepares Release of SalesGenius with Real Time Reporting Tools SAN MATEO, Calif. -- Genius.com, the leading on-demand provider of real-time, 1-to-1 marketing solutions for sales and marketing professionals, today announced that it received $10 million in second stage funding led by MDV-Mohr Davidow Ventures, with additional participation from existing investors Emergence Capital Partners and Walden International. Genius.com will use the funds to expand its ability to meet the rapidly growing customer demand for Genius solutions and accelerate its product development, marketing, and sales initiatives. Genius also announced today the Winter 2007 release of its flagship product, SalesGenius, an on-demand service that delivers instant customer insight, empowering individual sales professionals to instantly qualify leads, understand prospect buying preferences, and provide personalized service via the company web site, all without programming or IT involvement. The SalesGenius Winter 2007 release introduces real time reporting tools, built-in templates reflecting e-mail marketing best practices, and an innovative wizard-driven user interface for new users. (See separate release)(http://www.genius.com/news/2007-01-18-winter.html). "Genius.com's award-winning 1-to-1 marketing services, which deliver real-time insights based on individual web site visit behavior directly to sales professionals, are truly unique," said Nancy Schoendorf, general partner at MDV MDV mucosal disease virus. , who will be joining Genius.com's board of directors. "We believe that Genius.com is well positioned to lead the fast growing market for interactive sales and marketing solutions." "Genius.com has demonstrated that, by combining elements of web analytics, marketing automation, and CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. in a simple, easy to use service for individual sales professionals, we can catalyze the huge market potential for interactive sales solutions," said David Thompson, 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. of Genius.com. "With this financing and the access to the considerable resources and experience at MDV, our company will be in a position to rapidly expand our business." About Genius.com Incorporated[TM] Genius.com, creator of SalesGenius[TM], is the leading on-demand provider of real-time 1-to-1 marketing solutions for sales and marketing professionals, empowering them to connect with prospects and close deals through their corporate Web sites. SalesGenius instantly delivers individual Web visit and e-mail open data directly to frontline sales professionals so they can offer informed, personalized customer service and close more deals, more quickly. Genius[TM] solutions allow sales and marketing professionals to instantly qualify prospects, determine the success of marketing initiatives, and personalize customer service, all without requiring programming skills or IT involvement. The result is faster sales cycles, satisfied customers and more closed deals. Genius.com Incorporated is a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. , funded by Emergence Capital and Walden International, with headquarters in San Mateo, CA. For more information about Genius.com Incorporated visit www.genius.com or e-mail info@genius.com. About MDV-Mohr Davidow Ventures MDV-Mohr Davidow Ventures is a leading early stage venture capital firm investing in entrepreneurs building companies in the areas of energy and materials, information technology, and life sciences. The firm has built a reputation among entrepreneurs as a partner by taking a hands-on approach to investments and working skillfully to architect and build successful companies. The team brings years of real-world experience to accelerate each company's time to market and optimize its long-term success. Category-leading companies funded by MDV include Agile, Broadbase (KANA), Brocade, Epigram epigram, a short, polished, pithy saying, usually in verse, often with a satiric or paradoxical twist at the end. The term was originally applied by the Greeks to the inscriptions on stones. (BRCM BRCM Broadcom Corporation (stock abbreviation, AMEX) BRCM Master Chief Boilermaker (USN rating) ), FormFactor, Ipsilon Networks (NOK NOK In currencies, this is the abbreviation for the Norwegian Krone. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ), Kalpana (CSCO CSCO Cisco Systems Incorporated (stock symbol) CSCO Chief Supply Chain Officer ), Nanosolar, ONI Systems (CIEN CIEN Ciena Corporation (stock symbol) ), Peppers and Rogers Group (Carlson Marketing), Requisite Technology (CKCM), Revenue Science, and Shutterfly. Founded in 1983, MDV has $1.4 billion under management. For more information, please visit. www.mdv.com. About Emergence Capital Partners Emergence Capital Partners is a leading venture capital firm focused on early and growth-stage Technology-Enabled Services investing. The firm's mission is to help build market leading, successful businesses in partnership with great entrepreneurs. Emergence partners have funded and helped build over 25 On-Demand companies, including Salesforce.com, SuccessFactors and Ketera -- more than any other early-stage venture firm. Having assessed thousands of companies in the TES sector, Emergence Capital has developed significant expertise and resources focused on the critical factors of success in the market. For further information, visit http://www.emergencecap.com or call 650 573-3100. About Walden International Walden International ("WI") is a leading international venture capital firm that has been providing investors access to early-stage, cross-border, IT opportunities with the advantage of an unrivaled Pan Asia network since 1987. The firm's funds total over US$1.5 billion in committed capital. WI's network of multi-cultural professionals spans China/ Hong Kong, Malaysia, the Philippines, Singapore, Taiwan and the United States. With over 100 years of combined experience, WI's investment team has funded leading technology companies including Creative Technology (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 :CREAF CREAF Creative Technology Ltd (stock symbol) CREAF Centre de Recerca Ecològica i Aplicacions Forestals and SGX:C76.SI), Leadis Technology (NASDAQ:LDIS LDIS LEC Data Integration System (Sprint) ), SINA (NASDAQ:SINA), and SMIC SMIC Salaire Minimum Interprofessionnel de Croissance (French: guaranteed minimum wage) SMIC Semiconductor Manufacturing International Corp (Shanghai) SMIC Side Mount Intercooler (NYSE NYSE See: New York Stock Exchange :SMI and HKSE HKSE Hong Kong Stock Exchange :0981.HK). With six offices throughout Asia and the United States, the firm has extensive network relationships with major institutions, Asia governmental entities, strategic investors, and entrepreneurs throughout the Pan Asia region. For information, please visit www.waldenintl.com. SalesGenius, Get Smart About Your Customer, Genius.com and the Genius logo are trademarks and/or registered trademarks of Genius.com Incorporated. All other names and logos may be trademark of the respective owners. |
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