MARCH 22, 2002
Allegra invests in Moneyline Telerate
.
Moneyline Telerate, a global provider of integrated real-time information and transaction services to the capital markets, announced today a financing from Allegra Partners. Allegra joins One Equity Partners and Japan’s QUICK Corp. as shareholders in the NYC-based company.

 

JANUARY 31, 2002
Aleri acquires banking software company, MPCT Solutions
.
Aleri Inc, New York-based developer of innovative, ultra-high-speed information processing software, has announced the acquisition of mpct Solutions Corporation, the leading banking solutions provider. mpct's products include the well-known Atlas international wholesale banking operations software used by over 30 leading Global banks.

 

NOVEMBER 22, 2001
Allegra provides $4 Million of expansion capital to Mentor Communications Group.
Mentor Communications Group is a leading business communications company offering just-in-time learning and performance support products. Mentor's line of products includes Lotus Notes, Lotus Sametime, Lotus QuickPlace, Windows XP, and Microsoft Office as well as many custom applications. The proceeds will be used to develop the retail and OEM channel.

 

NOVEMBER 15, 2001
Allegra and Bessemer Co-lead $11 Million Round A for Diogenes, Inc.

Diogenes, a provider of Internet communications software for guaranteed, transactional messaging, today announced the prior closing of an $11M Series A with Allegra Partners, Bessemer Venture Partners, and US Venture Partners.

 

OCTOBER 31, 2001
Allegra Leads $10.25 Million Round B for Medical Image Storage Company, InSiteOne.
Headquartered in Wallingford, Connecticut, InSiteOne, Inc. is a leading storage service provider offering Web-enabled digital image storage and archiving solutions to the medical community. The financing will be used for sales, marketing and product development.

 

OCTOBER 15, 2001
Allegra Leads $11 Million Round A for firstRain.
firstRain, Inc., a leading provider of Web services infrastructure software for the next-generation internet today announced the closing of an $11 million funding from a group of investors led by Allegra Partners. Diamondhead Ventures, St. Paul Capital, and Myriad Investments also participated in the round.

 

JULY 2, 2001
Allegra Invests in ReefEdge, a leading 802.11 wireless LAN software company.
Reefedge, Inc., a Fort Lee, NJ company providing security, manageability and usability to large scale wireless LANs today announced an $18 million financing from RRE Ventures, Allegra Partners, Bessemer Venture Partners, Columbia Capital, and Saturn Venture Partners.

 

SEPTEMBER 28, 2000
Vastera completes $84 Million Initial Public Offering.
Vastera, Inc., (Nasdaq: VAST), a leading provider of Web-based solutions for Global Trade Management, today announced the initial public offering of 6,000,000 shares of common stock at an initial public offering price of $14.00 per share.

 

AUGUST 15, 2000
Allegra Leads $7 Million Round B for Aleri, Inc. (Metasoft).
Aleri, Inc., a leading provider of real time, event-based analysis of large complex data sets, today announced the closing of a $7 million in funding from a group of investors led by Allegra Partners.

 

JULY 27, 2000
Lexent, Inc. completes $103.5 million Initial Public Offering.
Lexent, Inc., a leading independent provider of outsourced local telecommunications network services, today announced the successful completion of its Initial Public Offering. Proceeds from the financing will be used to support the continued geographic expansion of Lexent's rapidly growing business in order to serve the needs of its customers as they in turn increase capacity to meet new levels of demand created by the growth of the Internet and wireless services. Lexent provides the expertise and resources necessary for competitive local exchange carriers, Internet service providers and wholesale providers of broadband services (carriers' carriers) to build and connect their networks to other local and long distance carriers and to individual end users.

 

JUNE 27, 2000
Allegra Leads $10 Million Expansion Financing for SOFTRAX Corporation.
SOFTRAX Corporation, a leading provider of revenue management software and e-business infrastructure solutions, today announced receipt of an additional $10 million in funding from a group of investors led by Allegra Partners. The funds will fuel continued investments in aggressive sales/marketing campaigns, expansion of SOFTRAX ASP capabilities and overall SOFTRAX product development efforts.

 

JUNE 19, 2000
Nettech Systems Announces Name Change to Broadbeam Corporation.
Nettech Systems, a leading wireless solutions provider, today announced that it has renamed the company Broadbeam Corporation, reflecting the breadth and versatility of Broadbeam's offerings in the wireless data communications arena. The timing of this announcement coincides with the company's strategic offering of complete wireless hosting services for enterprises, providing end-to-end solutions for implementing wireless data applications.

 

MAY 10, 2000
Allegra IV Invests in Verian Technologies, Innovative Supplier of ASP-based Solutions for Materials Acquisition and Management.
Verian's ProcureIT™ suite of automated materials procurement and management solutions targets the needs of middle market companies with revenues between $100 million and $3 billion. Allegra's financing provided capital to support the rapid growth of Verian's customer base.

 

FEBRUARY 25, 2000
Allegra IV Invests in Vastera, Inc., Leading Provider of Global Trade Management Solutions.
Vastera currently provides its eBusiness Solutions for Global Trade to over 100 clients, including many of the world's leading companies in a broad cross section of industries. Allegra's financing will provide working capital to support Vastera's continued rapid expansion.

 

FEBRUARY 22, 2000
Global Crossing LTD. Agrees to Acquire IPC/IXnet for $3.8 billion.
IPC Communications, Inc. (AMEX:IPI) which, together with its 73% owned subsidiary, IXnet, Inc. (NASDAQ:EXNT), provides a broad range of value-added voice and data communications solutions to the financial services community announced today its agreement to be acquired by Global Crossing LTD. Global Crossing is the world's first independent global provider of state of the art Internet and long distance telecommunications facilities and related services utilizing a network of undersea and terrestrial digital fiber optic cable systems.

 

FEBRUARY 15, 2000
Allegra IV Completes Investment in Nettech Systems, Inc., The Leading Supplier of Middleware Solutions and Hosting Services for the Wireless Communications Industry.
Nettech's award-winning products are currently supporting wireless data communications to more than 80,000 users in more than 500 companies worldwide. Nettech becomes the second portfolio investment for Allegra IV since its formation on December 21, 1999.

 

JANUARY 31, 2000
IXnet Chairman Richard W. Smith Named New Chairman of IPC Communications, Inc. Managing Partner at Allegra Capital Partners to Lead Both Companies In Continued Global Expansion.
Rick Smith, a Managing Partner of Allegra, was named Chairman of the Board of IPC Communications, Inc. (AMEX:IPI), an Allegra III portfolio company. IPC is the world's leading supplier of voice trading systems for the financial community and is the 84% owner of IXnet, Inc. (NASDAQ:EXNT). IXnet provides a high performance intelligent global extranet designed exclusively for the financial community.

 

JANUARY 10, 2000
Allegra III and IV Make Joint Follow-On Investment in Lexent Corporation.
Allegra Partners announced today that Allegra III and Allegra IV had made a joint follow-on investment in Lexent Corporation, an Allegra III portfolio company. Lexent is a leading supplier of design, build and maintenance services for the competitive local exchange carrier (CLEC) industry. Lexent provides the "last mile" link for all network technologies: fiber, wireless, cable and copper (DSL). Lexent becomes the first portfolio investment for Allegra Capital Partners IV, which was formed on December 21, 1999.

 

DECEMBER 21, 1999
Allegra Capital Partners IV First Closing.
Allegra Partners completes first closing for Allegra Capital Partners IV. Allegra expects to have a final closing for Allegra IV prior to the end of 1Q00.

 

DECEMBER 7, 1999
Critical Path, Inc. Acquires FaxNet.
Critical Path, Inc. (NASDAQ: CPTH), a leading provider of business-to-business Internet messaging and collaboration solutions acquires FaxNet, a leading outsource supplier of carrier-class enhanced fax and integrated messaging solutions. The acquisition of FaxNet adds a key component to Critical Path's unified messaging strategy and positions Critical Path to capitalize on the growth in the advanced Internet email and messaging service market.

 

DECEMBER 6, 1999
Kana Communications, Inc. Acquires Business Evolution Inc.
Kana Communications, Inc. (NASDAQ: KANA) acquires Business Evolution, a provider of two-way dialog service for electronic-business web sites. Business Evolution's products will significantly enhance Kana's existing suite of online customer support products and services.

 

AUGUST 12 , 1999
IXnet, Inc. Successfully Completes Initial Public Offering.

IXnet, Inc. (NASDAQ: EXNT) successfully completes its initial public offering raising over $90 million of capital to support the continued growth of its network services business. "Our August IPO marked the successful completion of a vital step in the evolution of our business and has provided a powerful base for the next stages of development," said David Walsh, CEO of IXnet. "We are on track to achieve both our near and longer term goals to continue the build-out of our intelligent extranet for the financial services community."