News from FTVentures, October 29, 2007

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News

Founding Partners Bob Huret and Jim Hale Named to Institutional Investor's Online Finance 40 for 8th Straight Year
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Financial Engines Named One of Red Herring 100/Company Surpasses $10 Billion in Managed Accounts
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ETF Securities to Issue New ETCs/Surpasses $1.5 Billion (US) AUM
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Freeborders Unveils Expansion Plans in China
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Coremetrics Recognized by Forrester as a Leader in Web Analytics
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Profitline's Client, the US Postal Service, Named Finalist in Computerworld's Best Practices in Mobile & Wireless Utilizing ProfitLine Solutions
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Global Document Solutions Announces Agreement with SAGE to Provide Document Process Outsourcing Solution
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SourceCode/K2™ Releases blackpearl™, the Centerpiece of its New Software Platform for Business Process Management
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MasterCard Helps Merchants Comply with PCI DSS by Contracting with TrustWave (formerly AmbironTrustwave)
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BNP Paribas Selects Caplin for Online Trading
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Cloudmark and Return Path Partner to Help Permissioned Email Get Through to Subscribers' Inboxes
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CapitalStream Finance Company Client Wins Operational Excellence Award
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John Payne Joins MedSynergies as CIO to Manage New Unbundled Service Offering for Revenue Cycle Management
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FTVentures Leads $27 Million Equity Investment in Mortgage Default Services Provider

We are pleased to announce that FTVentures has led a $27 million equity investment in CMS Holdings Group, LLC (“CMS Holdings”) of a total equity commitment of $70 million to support the company’s growth strategy. (FTVentures invested $20 million and committed a total of $40 million to the Company). CMS Holdings, headquartered in Denver, CO, provides a suite of non-legal administrative , accounting, technology services and information, data and document collection, transmission and processing services as well as title, escrow closing, private trustee, and posting and publication services in support of firms engaged in various aspects of mortgage loan default services, including foreclosure, bankruptcy, eviction processing, and related title and REO closing, escrow and management services. The Company provides these services to law firms including Castle Meinhold & Stawiarski, LLC, a highly respected firm in the mortgage industry, whose own clients include the top US mortgage servicers and investors, providing significant overlap with FTVentures’ own strategic investor base.

We have been keenly focused on the mortgage default services space for over three years and have evaluated a number of potential opportunities. The space is important to our strategic investors which represent six of the top 10 mortgage investors/servicers.

If you would like to learn more about CMS Holdings Group, please contact:

Ben Cukier, FTVentures Partner
bcukier@ftventures.com or 212-682-4846

Brad Bernstein, FTVentures Partner
bbernstein@ftventures.com or 212-682-4441


Portfolio Company Digital Harbor is Sold to Norkom Technologies

We are pleased to announce that Norkom Technologies has completed its purchase of portfolio company Digital Harbor. Digital Harbor develops integrated risk and compliance solutions on top of its platform for intelligent composite applications. The solutions allow customers and partners to make better, faster operational decisions by linking otherwise disconnected types and sources of information. While the Company’s platform can be used to meet a variety of business problems across multiple industries, Digital Harbor’s initial focus is addressing risk and compliance needs in the financial services industry, including anti-money laundering, fraud management, Enhanced Due Diligence (EDD), Know Your Customer (KYC), sales practice, corporate security, and operational risk. Norkom Technologies is a leading provider of financial crime and compliance software. The aggregate customer base of the two companies includes some of the world’s leading financial services firms such as HSBC and Western Union.

If you would like to learn more about Digital Harbor, please contact:

Mark Lotke, FTVentures Partner
mlotke@ftventures.com or 212-682-4846

To read the press release click here


Portfolio Companies Intrepid Learning Solutions, Capital H Group and GMI Earn Spots on Inc. 500 List of Fastest Growing Companies

Inc. Magazine recently published its list of the top 500 fastest-growing private companies in the U.S. and it featured three FTVentures portfolio companies. Intrepid Learning Solutions, a leading provider of learning and performance consulting, outsourcing, and research services to global companies, ranked 79th on the overall list and 9th on the human resources company list. Capital H Group, a human capital consulting group, ranked 134th on the overall list and 14th on the human resources company list. GMI (Global Market Insite), a leading provider of integrated solutions for global market intelligence for market research firms and Global 2000 companies, landed 229th.

If you would like to learn more about Intrepid Learning Solutions or GMI, please contact:

Eric Byunn, FTVentures Partner
ebyunn@ftventures.com or 415-229-3052

If you would like to learn more about Capital H Group, please contact:

Chris Winship, FTVentures Partner
cwinship@ftventures.com or 415-229-3012

To read Intrepid's press release, click here

To read Capital H Group's press release click here

To read GMI's press release click here

Investment Team

Contact Us

San Francisco
555 California Street
Suite 2900
San Francisco, CA 94104

Phone 415-229-3000
Fax     415-229-3005

info@ftventures.com

Media Contact:
Karen Derr Gilbert

New York
540 Madison Avenue
Suite 2600
New York, NY 10022

Phone 212-682-4800
Fax     212-682-4480

www.FTVentures.com

 


About FTVentures

FTVentures provides capital to growth companies to finance organic expansion, recapitalizations, buyouts and build-ups. We invest in software and business services companies that derive value from our unmatched Global Partner Network, which includes 40 of the world's leading financial institutions. Our Global Partner Network provides us with a unique vantage point into the business driven IT and operating challenges of the global enterprise. Founded in 1998, FTVentures currently has over $850 million under management with offices in San Francisco and New York. For more information, please visit www.ftventures.com