| October
15, 2005
CenterPost Completes Fundraise,
Adds Two New Investors
Proceeds Will Enable CenterPost
to Accelerate Growth
Chicago, IL – October 15, 2005
– CenterPost Communications,
the leading provider of automated
communications that helps companies
acquire, care for, grow and retain
customers, today announced that it
has closed a major new venture capital
funding lead by Axiom Venture Partners
and Nauta Capital. Also participating
in the round were existing investors
Draper Fisher Jurvetson, Motorola
Ventures, Cross Atlantic Capital Partners
and Portage Venture Partners.
CenterPost will use proceeds of the
financing to further expand its market
leading product lines, increase its
sales and marketing efforts to reach
a broader audience of potential clients.
“Closing this new round with
two new investors and participation
from all our key investors is a direct
reflection of the substantial growth
potential of automated communications”
said Kate Edwards, Chief Executive
Officer, CenterPost Communications.
“Our investors recognize that
our services can be utilized in countless
markets and that we have an experienced
and innovative executive team in place
to really capitalize on this great
opportunity.”
“CenterPost’s solutions
are marketing leading as they combine
real-time, bi-directional communications
with customer preferences,”
said Marcel Rafart of Nauta Capital.
“As a result, CenterPost is
creating a new paradigm of personal
experience with automation.”
CenterPost was founded in 1999 to
serve the unique and complex automated
notification needs of Fortune 1000
organizations. This singular focus
has enabled CenterPost to become an
expert in the area of proactive bi-directional
communications. Today, CenterPost
delivers tens of millions of voice
and text messages to the customers
of leading companies such as United
Airlines, Wells Fargo, DHL, and The
Weather Channel.
“Customers immediately realize
value from a CenterPost program,”
said Will Wilcoxson of Axiom Ventures.
“CenterPost solutions have a
proven track record of driving new
revenue, reducing costs and improving
customer retention all within a single
application.”
About CenterPost Communications
CenterPost is transforming the way
companies interact with the "Customer
Economy" of their businesses.
As the leader in automated communications
for acquisition, care, growth and
retention programs, CenterPost delivers
millions of interactions each month
for voice, email, fax, and text channels,
with intelligent processing, organization,
formatting and delivery of messages
through a scalable, carrier-grade
communications platform, tailored
to each message recipient’s
preferences. Leading Fortune 1000
clients rely on CenterPost to fully
integrate and execute their customer
strategies.
About Axiom Venture Partners
Axiom Venture Partners provides capital
and strategic assistance to rapidly
growing high technology companies.
Axiom’s professionals bring
substantial investing experience and
industry expertise to the venture
capital process. Located in Hartford,
Connecticut, Axiom invests actively
throughout the United States in early
or late stage companies. Approximately
15 Axiom portfolio companies have
successfully completed IPO’s
in recent years and a number of others
are positioned for IPO’s when
appropriate market conditions prevail.
About Nauta Captial
Nauta Capital was founded in 2004
by the founding partners of Cluster
Consulting which was sold to Diamond
Cluster Technologies in 2000. Located
in Barcelona, Spain, Nauta invests
primarily in early to mid stage technology
companies with a focus on communications.
With over 70 years of operational
management experience, Nauta provides
entrepreneurs access to a wealth of
operational experience to ensure ultimate
success.
About Draper Fisher Jurvetson
Draper Fisher Jurvetson is the premier
early stage venture capital firm.
Founded in 1985, Draper Fisher Jurvetson
has created a global network of affiliated
venture funds with over $3 billion
in capital commitments and offices
in the major technology centers around
the world. Headquartered in Silicon
Valley, the firm has proven expertise
in identifying and helping extraordinary
entrepreneurs who want to change the
world.
About Motorola
Motorola (NYSE:MOT) is a Fortune 100
global communications leader that
provides seamless mobility products
and solutions across broadband, embedded
systems and wireless networks. In
your home, auto, workplace and all
spaces in between, seamless mobility
means you can reach the people, things
and information you need, anywhere,
anytime. Seamless mobility harnesses
the power of technology convergence
and enables smarter, faster, cost-effective
and flexible communication. Motorola
had sales of US $31.3 billion in 2004.
For more information: www.motorola.com
About Cross Atlantic Capital
Partners
Established in 1999, Cross Atlantic
Capital Partners (XACP) is a venture
capital management firm operating
several venture funds to deliver superior
returns to its investors. With over
$400 million under management, XACP
focuses its investments on enterprise
applications, services and telecommunications
software, and other enabling technologies.
We help the management of our portfolio
companies transform their vision into
substantial, profitable businesses.
About Portage Venture Partners
Portage Venture Partners manages the
Portage and Graystone venture funds
for some of the wealthiest families
in the world, as well as the Draper
Fisher Jurvetson Portage Fund. Leveraging
its national network of 13 affiliated
regional and sector funds, Portage
identifies and backs superior management
teams in the Technology and Life Sciences
industries. With nearly 40 years of
cumulative experience, Portage’s
management provides a reservoir of
knowledge and a network of contacts
to both its portfolio companies and
its affiliated network funds.
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