Friday, March 28, 2008

Agentek offers breakthrough communications technology that rapidly deploys mobile applications to large and small organizations got $8 million

What Company Is Offering:
Agentek offers breakthrough communications technology that rapidly deploys mobile applications to large and small organizations. Agentek serves field service in home repair, electronics, medical equipment, communications, utilities and office equipment.

How Much They Got From VCs:
Edison Venture Fund announced an $8 million investment in Agentek, headquartered in Alpharetta, GA. Joe Allegra, General Partner, and Dick Cook, Edison Director Network member, serve on the Board of Directors. Sever Totia, Principal, conducted Edison's due diligence.



"Edison was the clear investment partner choice," stated Jeff Jarvis, CEO. "Their value-add services and strategic guidance will assist Agentek to accelerate our growth."



"After tracking field service software for 20 years, Agentek is the first investment candidate to solve the speed, reliability and configurability challenges," stated Joe Allegra. "Van Nyugen, the founder and CTO, combines vision, creativity and persistence, and has assembled a top-flight CEO and management team." Sever Totia continued, "Customers praised Agentek's comprehensive applications, domain expertise and responsive support."

More at:www.edisonventure.com

No comments: