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11.14.2000
Great Hill Partners Commits $50 Million In Equity Funding To KSolutions, Inc.CEO Cranford Founded KPMG Consulting's Knowledge Management Practice BOSTON (Nov. 14, 2000) - Great Hill Equity Partners L.P. today announced an equity commitment of $50 million to KSolutions, Inc., to create the first nationwide consulting firm that will help companies identify, capture, share and apply critical - but often elusive - knowledge about customers, markets and operations. Great Hill Partners and CEO Steve Cranford co-founded the company. With the investment, KSolutions will... view full story
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10.9.2000
Duro Nets $10 Million, Changes NameCASSELBERRY, Fla., Oct. 9 (LocalBusiness.com) -- With its initial public offering on hold, Duro Communications has announced a new round of $10.4 million in venture capital along with a name change. The Internet and data services provider will now be known as DUROCOM. The firm was previously a holding company for its 10 regional ISP brands. It will now consolidate its 270,000 customers throughout the Southeast under the new name brand. "We believe that as acquisition activity slows down,... view full story
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9.28.2000
Great Hill Partners Raises $50 Million For ManagedStorage InternationalProvidence Equity, EMC join Great Hill Partners as investors in the leading provider of global storage services and content management software solutions Great Hill Equity Partners, L.P. today announced ManagedStorage International, Inc., one of its portfolio companies, raised $50 million in second-round financing, accelerating the company's leadership in the fast-growing storage utility market. Great Hill Partners founded ManagedStorage International, the first and leading Storage Service... view full story
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9.20.2000
Smartmail Services Receives $45 Million Equity Investment In Third Round Of FundingMonitor Clipper joins Great Hill Partners as investors in new breed of expedited mail delivery services. ATLANTA - SmartMail Services, an emerging leader of expedited flat-sized mail and light parcel shipping services, announced today the completion of its third round of funding raising $45 million in equity financing. The company, which expects to top $100 million in revenues this year, will use the investment to rapidly complete a national build out of its technology-driven distribution... view full story
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8.28.2000
GSS And FDI Merge"GSS AND FDI MERGE" General Systems Solutions, Inc. of Groton, CT, and FDI Consulting, Inc. of Sacramento, CA, today formally announced the merger of their two companies. The combined entity will assume the name TriVIN, Inc. and will be positioned as one of the leading players in the e-Government space. GSS, which is venture capital backed by M/C Partners and its affiliate, Great Hill Partners, provides online motor vehicle registration, registration and title inquiry, and insurance tracking... view full story
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8.10.2000
Brandsmall.Com Awards Service Contract To Onevoice SolutionsNew York, August 10, 2000 - OneVoice Solutions, an operating unit of Teltrust, Inc., has won a services contract to provide Brandsmall.com, a leading Internet retailer of brand name consumer products, with a customized CRM package to handle increased customer support needs. This agreement was prompted by Miami, Florida-based Brandsmall.com's desire to provide its online customers with a unique combination of both in-house and outsourced customer service. With Teltrust, Brandsmall.com... view full story
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8.9.2000
Edge Connection Selects Wisor Telecom To Provide All-In-One Service Management SolutionWisor Telecom's Robust Service Management Solution (SMS) Suite Offers an End-to-End OSS Solution That Fully Automates, Ordering, Provisioning, and Service Activation For Voice and Broadband Data Services. Rockville MD, August 15, 2000 - Wisor Telecom Corporation (Wisor) a premier provider of intelligent Operations Support Systems (OSS), announced today that Edge Connections, an Atlanta, Georgia-based DSL- Competitive Service Provider (CSP), will utilize its Wisor Service Management Solution... view full story
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8.7.2000
Great Hill Partners' CFO To Speak At Private Equity Fund FormationBOSTON (Aug. 7, 2000) - Michael F. Dale, CFO of Great Hill Partners LLC, the Boston venture capital firm, will highlight how investors and entrepreneurs can use the web to improve almost every aspect of financial communications, at the Private Equity Fund Formation Conference in New York today. The conference session, "Transitioning from Paper to the Web - How Your Website Can Better Assist Your Fundraising Process" focuses on how Great Hill Partners and other leading venture capital firms... view full story
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8.2.2000
Edge Connections To Provide Boston Office Buildings With High Speed Dsl-Based Broadband ServicesUnderserved Small- And Mid-Sized Businneses Benefit From Low-Cost Internet Access, Voice, Video, Data And E-Commerce Sevices Boston, MA, Aug. 2, 2000 - Edge Connections, Inc., the first full-service broadband communications provider to offer affordable and reliable Digital Subscriber Line (DSL)-based services, today announced the launch of its multi-tiered offerings in the Metropolitan Boston area. The company provides low-cost Internet access, voice, data, video and e-commerce capabilities... view full story
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7.28.2000
Great Hill Partners Leads $25 Million Investment In Dame BroadcastingBOSTON (July 28, 2000) - Great Hill Partners announced today that it is the lead investor in a $25 million commitment to Dame Broadcasting, LLC, which the company will use to further develop its broadcasting group of small and mid-market radio stations. The investment by Great Hill Partners marks a continuing focus in the radio broadcasting sector and innovative media opportunities. Dame Broadcasting, which is led by broadcast industry veteran J. Albert Dame, will provide both management and... view full story
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7.14.2000
Great Hill Partners Promotes Evans And Vettel To Partner. Strengthens Firm's Expertise In Cultivating 'Infrastructure' CompaniesBOSTON (July 14, 2000) - Great Hill Partners LLC, the Boston venture capital firm, today announced two new promotions to partner, Mark E. Evans and Matthew T. Vettel, strengthening the firm's expertise in telecommunications, information technology, business services, media and education.Both Evans and Vettel were principals at Great Hill Partners, which has become one of New England's top venture capital firms since its founding in 1999."Both Mark and Matt consistently attract the... view full story
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6.5.2000
Managedops.com Cuts The Ribbon On Its New, $12 Million Headquarters In Bedford, N.H.By John FaheyBEDFORD, NH- ManagedOps.com cuts the ribbon on its new, $12 million headquarters in Bedford Friday. Dan Taylor, founder, president and chief executive of the company, said the offices provide 21st century technology housed in a building that reflects greater Manchester's millyard heritage.ManagedOps.com, formerly The Taylor Group, is an applications service provider that manages accounting, Internet and other software operations for customers with revenues of between $10 million... view full story
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6.5.2000
"Edge Connections Launches High-Speed Dsl Services For New York's Multi-Tenant Office Buildings And Parks"Atlanta, GA - Edge Connections, Inc., the first full-service broadband communications provider to offer affordable and reliable Digital Subscriber Line (DSL)-based services, today announced the launch of its multi-tiered offerings in the Metropolitan New York City area. The company provides low-cost Internet access, voice, data, video and e-commerce capabilities to small and medium-size businesses in multi-tenant buildings, companies which had been previously underserved as competitors... view full story
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5.22.2000
Edge Connections 'Lights' 31 Buildings In 30 Days With High Speed Dsl-Based Broadband Services During Atlanta LaunchATLANTA -- Edge Connections, Inc., the first full-service broadband communications provider to offer affordable and reliable Digital Subscriber Line (DSL)-based services, today announced that it has "lit" 31 buildings with DSL in metro Atlanta since launching in this area last month. Buildings now enjoying broadband Internet access and other services include the 10-story 100 Edgewood building on Edgewood Avenue in Atlanta's central business district. Edge Connections also has lit buildings... view full story
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4.17.2000
Edge Connections Launches High-Speed Dsl-Based Broadband Services For Atlanta's Multi-Tenant Office Buildings And ParksATLANTA - Edge Connections, Inc., the first full-service broadband communications provider to offer affordable and reliable Digital Subscriber Line (DSL)-based services, today announced the launch of its multi-tiered offerings in the Metropolitan Atlanta area. The company provides low-cost Internet access, voice, data, video and e-commerce capabilities to small and medium-sized businesses, which have been underserved until now as competitors have focused on large corporations and... view full story
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4.9.2000
Mark E. Evans Speaks At Dslcon 2000Boston, Mass., April 2000 - Mark E. Evans, a Principal of Great Hill Partners, was a featured speaker on the Venture Capital Panel at the DSLcon 2000 conference held April 3-6, 2000 in San Jose, CA. DSLcon, one of the leading conferences for the DSL industry, focuses on current DSL applications and the rapid advancement of DSL-based market opportunities. Mr. Evans offered his perspective on the compelling present and future business opportunities for DSL service providers. Mr. Evans also... view full story
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3.30.2000
Storagetek Spins-Off Storage Solutions Business; Forms Managedstorage International With Great Hill Partners; Receives $50 Million Equity Funding CommitmentNew Venture Will Provide Managed Storage Services to Internet Data Centers, Application Service Providers, Internet Service Providers, Content Providers and Corporations; "e-storage for e-business(sm)"Louisville, Colo. - StorageTekĀ (Storage Technology Corp., NYSE:STK) and Great Hill Partners LLC today announced the formation of ManagedStorage International Inc. ManagedStorage International will offer data storage services including storage on demand, server backup, PC backup and content... view full story
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3.27.2000
Smartmail Services Earns Prestigious U.S. Postal Service Leadership Award At National Postal ForumNashville, TN, March 20, 2000 - SmartMail ServicesĀ® Cincinnati (Erlanger, KY) SmartCenter today received the prestigious United States Postal Service "Mailing Industry Leadership Award" at the National Postal Forum industry conference held here.The USPS' Mailing Industry Leadership Award recognizes organizations that demonstrate significant leadership and influence in the mailing industry. These organizations also have implemented innovative ways to enhance the value of mail in the... view full story
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3.13.2000
Corecomm Limited Acquires Voyager.net, Inc. Enhancing Telecoms And Internet Services Position In Midwest RegionNew York, New York (March 13, 2000) - CoreComm Limited (NASDAQ: COMM) and Voyager.net, Inc. (NASDAQ: VOYN) ("Voyager.net") today announced a definitive agreement to merge in a stock and cash transaction valued at approximately $540 million. The transaction will immediately benefit CoreComm's Internet-based telecoms strategy in the Midwest, and significantly increase the company's overall Internet-centric capabilities as it rolls out its services across the country. Under the agreement,... view full story
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3.9.2000
Great Hill Partners Announces $50 Million Commitment To ManagedOps.com, IncBoston, Mass. March 9, 2000 - Great Hill Partners today announced that it has completed a $50 million investment commitment to ManagedOps.com, Inc ("ManagedOps"). ManagedOps is an application service provider (ASP) with a complete managed operations service for small and medium-sized organizations. Founded in 1987, the company operates a secure and reliable 24 x 7 data center from its Bedford, NH headquarters, and offers industry-leading business applications from Great Plains Software,... view full story
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2.17.2000
Smartmail Services Relocates Headquarters To Atlanta With Opening On 62,000 Sq. Foot "Smartmcenter" Expedited Delivery Services FacilityAtlanta, GA, February 2, 2000. SmartMail Services, one of the nation's leading expedited delivery services networks, today announced the relocation of its corporate headquarters from Orinda, CA to Forest Park, GA with the opening of a 62,000-square-foot, state-of-the-art processing and training center. The new SmartCenter- a technology-driven address verification, manifesting, tracking, and sorting facility capable of processing 250,000 pieces of flat mail a day on behalf of its... view full story