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Proficient Systems Closes $9 Million Financing Round.


Business Editors & Technology Writers

ATLANTA--(BUSINESS WIRE)--July 24, 2002

Former S1 Chairman to Join Board of Directors

Proficient pro·fi·cient  
adj.
Having or marked by an advanced degree of competence, as in an art, vocation, profession, or branch of learning.

n.
An expert; an adept.
 Systems, Inc., the innovator in multi-channel sales optimization software Free and Open Source software
  • ASCEND — mathematical modelling system
  • OpenOpt (license: BSD) — toolbox with connections to lots of solvers, for Python language programmers
  • COIN-OR SYMPHONY — integer programming, Common Public License
, announced today that it has raised an additional $6 million to close its previously announced Series B round at a total of $9 million.

New investor, GIMV, led the round and other new investors include Labrador Ventures and private investor Michel Akkermans. Existing investors, Kinetic kinetic /ki·net·ic/ (ki-net´ik) pertaining to or producing motion.

ki·net·ic
adj.
Of, relating to, or produced by motion.



kinetic

pertaining to or producing motion.
 Ventures and Fuqua Ventures, continued to support the Company by participating in the financing, along with Gregg Freishtat, Proficient's Chairman and 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. . GIMV is a large European investment company with portfolio companies around the world. Labrador Ventures is a California-based venture capital firm that invests in early-stage information technology companies. Proficient will use the funds to accelerate its business development and sales and marketing efforts. Michel Akkermans, CEO of Clear2Pay, and the past CEO of FICS FICS Fellow of the International College of Surgeons.  and former Chairman of S1 Corporation, will be joining Proficient's board of directors.

Formed in 2000, Proficient has developed an enterprise software solution that identifies high-potential customers browsing See browse.  an organization's website, and matches them - in real time - with a qualified sales associate. The software provides the communications tools, such as chat, collaborative browsing Synchronizing browser access to the same sites. As one user browses the Web, the other users trail along automatically and link to and view the same pages from their own Web browsers.  and telephony, to allow the sales associate to proactively approach the customer, and it organizes the best sales collateral for the sales associate to share with the customer during their interaction. The purpose of this unique real-time interaction is to assist organizations selling complex, consultative products or services like 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.
 or insurance in driving revenue from their online traffic.

"The new funding properly capitalizes the company through our projected profitability," said Proficient's Chairman and CEO, Gregg Freishtat. "This financial milestone, in combination with closing approximately $500,000 worth of new business in the second quarter of this year, is a reflection of the hard work and dedication of a great management team in a difficult market."

About Proficient Systems, Inc.

Headquartered in Atlanta, GA, Proficient Systems, Inc. is the innovator of multi-channel sales optimization software that enables large organizations to sell complex, consultative products and services online and offline. The Proficient solution efficiently matches qualified sales associates with consumers and provides the sales associates with the communications capability and sales collateral necessary to effectively sell. For more information, visit www.proficient.com.
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Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Comment:Proficient Systems Closes $9 Million Financing Round.
Publication:Business Wire
Geographic Code:1USA
Date:Jul 24, 2002
Words:385
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