For Immediate Release
MessageOne A New Company Focused on Enterprise-Wide Messaging
Management Announces $18 Million in Funding
Includes $10 Million in Recent Third-Round Funding from RRE Ventures,
Impact Venture Partners and StarVest Partners L.P.
Austin, Texas Company Founded by Adam Dell
Austin, TX - March 11, 2001 - MessageOne,
Inc., the provider of the first easily deployed, enterprise-wide messaging
management solution, today announced that it has received a total of $18
million in venture capital from New York venture capital firms RRE Ventures,
Impact Venture Partners and StarVest Partners, L.P. MessageOne was founded
in 2000 by Adam Dell, managing general partner of Impact Venture Partners.
Mr. Dell incubated the company, and Impact Venture Partners provided $8
million in two initial rounds of funding. In January, MessageOne received
$10 million in a third round of venture funding, which was led by RRE
Ventures and included StarVest Partners L.P. and Impact Venture Partners.
"RRE Ventures has made this strategic investment in MessageOne because
we strongly believe that Fortune 500 companies are seeking technology
solutions that reduce management complexity, cost and risk, and help companies
better protect their core business processes and intellectual property
which are heavily reliant on email," said Stuart Ellman, general
partner of RRE Ventures and member of the MessageOne board of directors.
IT industry veteran Anne Perlman is MessageOnes president and chief
executive officer. She assumed leadership of MessageOne after serving
as the first chief executive office of Moai Technologies. Ms. Perlman
formerly spent fifteen years with Tandem Computers (acquired by Compaq)
where she held the positions of general manager and vice president of
marketing.
"MessageOne was born from listening intently to Fortune 500 CIOs
and IT managers share their needs and pains around managing the increasingly
complex messaging ecosystem," said Adam Dell, who is chairman of
the MessageOne board of directors. "By focusing solely on messaging
management, MessageOne has delivered an elegantly designed solution that
companies can deploy immediately to improve the health, cost effectiveness
and performance of their messaging environment."
About MessageOne
MessageOne is the only company providing global 2000 companies with an
easily deployed, enterprise-wide management system for solving the complex
challenges associated with todays mission-critical messaging environment.
The companys MessageView solution provides a Web browser-based view
of a companys email servers across the enterprise, allowing multiple
levels of IT management to quickly view historical reports and conduct
real-time monitoring of the messaging environment, which includes anti-virus
and wireless applications and servers. MessageOne is privately held and
based in Austin, Texas. More information about the company is available
at www.messageone.com.
About Impact Venture Partners
Adam Dells Impact Venture Partners is an early stage technology
venture capital fund that invests in enterprise software solutions that
enable global 2000 companies. The Funds mission is to achieve superior
returns by identifying innovative companies addressing the needs of large
emerging markets, investing across the life cycles of these ventures and
working closely with entrepreneurs to build successful enterprises. Impacts
portfolio companies include Buzzsaw.com, National Transportation Exchange
(NTE), iMark.com, CenterBeam, Opentable.com, GoAmerica, Keen.com, PartMiner.com
and Metapa. More information is available at www.impactvp.com.
About RRE Ventures
RRE Ventures invests in entrepreneurial information technology companies
with special emphasis on software, communications, Internet and related
enterprises that can become industry leaders in rapidly growing markets.
With $500 million under management, RRE combines significant capital resources
with managerial, financial and technical experience and corporate contacts
to create value for its portfolio companies. Limited partners include
leading international institutions, multinational corporations, institutional
investors, entrepreneurs and business leaders. RREs portfolio includes
Montavista, Capital Thinking, Reefedge, Teja, Watchguard and Evoke Software,
among others. More information is available at www.rre.com.
About StarVest Partners, L.P.
Founded in 1999, StarVest Partners, L.P. is a $150 million New York-based
venture capital fund dedicated to working with outstanding entrepreneurs
to build world-class e-business services and software companies. The firm
is comprised of a team of ten, including the four founders, Deborah A.
Farrington, John D. Miller, Laura B. Sachar and Jeanne M. Sullivan, who
bring a mix of 95 years of complementary investment experience. Portofolio
companies include NetLedger, Inc., Broadbeam Corporation, and Tibersoft
Corporation. More information is available at www.starvestpartners.com.
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Contact:
Nancy Morrison
Public Relations Consultant
831-429-5024
nancy@morrisonpr.com
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