NEWS & EVENTS
Boston, MA, June 25, 2008 - Optaros, an assembler of
Next Generation Internet applications, today announced a third round of
financing co-led by
.406 Ventures and Globespan Capital Partners with
participating investment from existing investors Charles River Ventures and
General Catalyst Partners. The $12 million investment provides capital
for continued expansion into new geographic markets and the introduction of new
offerings.
“Optaros excels in assessing the business needs of its customers
and developing compelling Next Generation Internet applications. The
company has doubled revenue and maintained impressively high client
satisfaction,” said Larry Begley, managing director of .406 Ventures. “We
see Optaros as being well positioned to expand their business into new
markets.”
Optaros is helping companies like The New York Times and
Swisscom seize new online opportunities in ecommerce, social media and brand
engagement by assembling compelling user experience applications from open
source software. The combination of Web 2.0 user experience design, open
source technology and full support services provide clients with a complete
solution.
“Our clients are looking for greater business agility from their
IT investments to meet rapidly growing online customer expectations,” states
Bob Gett, CEO of Optaros. “Our new round of funding will allow us to
introduce new offerings and allow us to expand our reach into European
markets.”
About Optaros
Optaros designs and assembles fully supported, Next Generation
Internet (NGI) solutions that deliver superior business performance. The
unique Optaros Assembly Methodology (OptAM) leverages open source, Service
Oriented Architectures, and rich interface design to assemble solutions faster
and more flexibly than traditional build, buy or rent options. Optaros
serves over 90 clients including ABB, Biogen Idec, McKesson, Merck/Serono, The
New York Times, Sony Pictures, Swisscom, and many others. For more
about Optaros, go to www.optaros.com.
