Applied Legal Gets First Funding
Applied Legal Technologies Inc., a litigation support service supplier, has secured substantial first round funding from the managing and partnering firm of BCL Equity Partners L.L.C. Funds will be used to produce new software and add offices nationwide.
Information: Reader Response no. 237.
Colorado-based CreekPath Systems has received $23 million from Telesoft Partners, Sequel Venture Partners, and Exabyte Corp. in its first round of venture funding. It includes $17 million in equity, as well as up to $6 million in debt financing, it says.
Information: Reader Response no. 238.
eVelocity Corp. has partnered with Cognos, to incorporate Cognos' online analytical processing reporting tool into the next release of ProvideIT. The new capabilities should help corporate legal departments improve productivity by providing extensive cost analysis.
Information: Reader Response no. 239.
Canada-based Micromedia Ltd., an electronic publisher and distributor of directories, has joined forces with NewsBank Inc., a distributor of newspaper content in the education and library markets. Under the agreement, Micromedia will resell NewsBank products.
Micromedia also announced that it has a new marketing agreement with Books24x7.com Inc. to offer technical information from publishers, such as Microsoft Press.
Information: Reader Response no. 241.
Kyocera Mita America Inc. has signed a distribution agreement with T/R Systems Inc., to offer a cluster printing system comprised of T/R Systems' MicroPress document management software and an Intel-based server for Kyocera Mita's FS-9000 high-speed printer and Ci 7600 digital color copier/printer.
Information: Reader Response no. 242.
Microtest, Inc. has signed a retail agreement with ADI. Under the accord, ADI will sell the Microscanner Pro cable tester for network cable verification.
Information: Reader Response no. 240.
The Lexis-Nexis Group, based in Dayton, Ohio, has acquired Seattle's Book Publishing Company, expanding Lexis-Nexis' municipal code and ordinance research offerings. BPC offers a range of code-related services to municipalities, who use the services to assist them in creation of ordinances and resolutions. It has published and codified ordinances for more than 2,000 municipalities, in most states.
Lexis-Nexis also recently has acquired Mealey Publications Inc.; CorpAmerica; the Business Information Product Division of the Financial Times Group; RiskWise International; a group of e-commerce anti-fraud companies; and Press Access.
Information: Reader Response no. 243.
Maxoptix Corp. has purchased the business and assets of Breece Hill Technologies, of Boulder, Colo.
They plan to create a removable storage product line. Jim Watson, president/C.E.O. of Breece, will assume a senior executive position with Maxoptix.
Information: Reader Response no. 244.
Holland & Hart L.L.P. has merged with the Santa Fe law firm of Campbell & Carr, Berge & Sheridan, P.A. The Santa Fe office will be known initially as Holland & Hart and Campbell, Carr, Berge & Sheridan. The Campbell, Carr partners will become partners of Holland & Hart.
Awards and Accolades
World Software Corp., which produces WORLDOX document management
software, ranked 434 on the 2000 Deloitte & Touche Technology Fast 500. The list includes 500 of the fastest growing public and private technology companies in North America.In order to make the list, companies had to show five-year percentage growth from 1995-1998, the company says.
Information: Reader Response no. 245.
Nathan Shirley, a first year law student at Case Western Reserve University, was picked as the grand prize winner of the Lexis-Nexis "Rewards of Working Smarter" scholarship.He will receive the full cost of three years' law school tuition.
Information: Reader Response no. 246.
Change Your Rolodex
Business Group Oce Printing System USA (formerly Siemens Business Services-CGK Division) has moved into an Oce corporate facility at: 4330 East-West Highway, Suite 324, Bethesda, Md 20814.
Information: Reader Response no. 247.
Bowne & Co., Inc. has opened a new office at 7901 Jones Branch Drive, Suite 350, Tyson's Corner, Va.
Information: Reader Response no. 248.