Tridion receives investment from Doughty Hanson & Co Thursday 11 January 2001 PDF Print Equity investment by leading European fund management firm caps second round financing at 23 million Euros London, 11 January 2000 - Tridion, a leading European provider of web content management software, today announced that the new technology fund managed by Doughty Hanson & Co, one of the largest independent private equity firms in Europe, has invested 4 million Euros in the software company. This latest funding closes Tridion's second round of financing at 23 million Euros. Doughty Hanson joins previously-announced investors Barnard & Co., Gilde IT, Kappa IT Ventures and Prime Technology Ventures. In total, the proceeds will allow Tridion to accelerate its global expansion and further strengthen its marketing, sales and product development efforts. "Tridion has exhibited the right mix of technology and management leadership that we look for in early-stage, high-growth companies," said Ivan Farneti, principal at Doughty Hanson & Co Technology, who is joining Tridion's Board of Directors. "We were impressed by the technology underpinning its products and encouraged by the solid business plan set out by its management team. We are confident that Tridion will continue to strengthen its market leadership and emerge as a major force in the global web content management software market." "We're delighted that leading and prestigious international investors like Doughty Hanson continue to show confidence and financial support for Tridion," said Paul Konijnendijk, CEO at Tridion. "Tridion had a very successful year in 2000, and we've outlined considerably more aggressive goals and targets for 2001. Doughty Hanson's vast experience and knowledge of the European technology markets, in combination with its financing support, will help us to achieve them." About Tridion Tridion is a leading European provider of advanced web content management software. Its core product, Tridion DialogServer, enables mid-size and large enterprises to publish, manage and update their web content in an efficient and effective manner. The system is ideally suited for organisations choosing to use online channels - the Web, WAP phones, interactive televisions and handheld devices - to exchange business-critical information with customers, partners, suppliers and employees. Many well-known global organizations use Tridion DialogServer as the basis of their Internet activities. These include Akzo Nobel, AXA, Bosch & Keuning, Consultivity, Dutch Ministry of Defense, GE Access, ING Real Estate, Intergamma, KLM, Scania, Smurfit Communications and Wolters Kluwer. Tridion is headquartered in Amsterdam with offices in London, Munich, Paris, Stockholm and Brussels. For more information, visit http://www.tridion.com About Doughty Hanson & Co Doughty Hanson is an independent fund management company with offices in London and subsidiaries in New York, Chicago, Frankfurt, Milan, Munich, Stockholm and Warsaw. Doughty Hanson's principals have many years' experience in the successful management of international private equity funds and have led and arranged a number of the largest acquisitions in the European private equity market. Doughty Hanson's latest private equity fund was launched in September 1997 and raised over US$2.5 billion. In 2000, the Doughty Hanson Technology Fund was formed, managed by a team of professionals operating on a pan-European basis. The Technology Fund focuses on investments in early-stage European companies within the technology sectors. http://www.doughtyhanson.com For more information, please contact: Scott Behles, International Marketing Manager Tridion Tel: +31 20 20 10 517 E-mail: email@example.com Or Michael O'Connell/Nicola Morgan Brodeur Worldwide (on behalf of Tridion) Tel: +44 1753 790 700 E-mail: firstname.lastname@example.org email@example.com This press release was distributed by ResponseSource Press Release Wire on behalf of Pleon in the following categories: Consumer Technology, Personal Finance, Business & Finance, Computing & Telecoms, for more information visit https://pressreleasewire.responsesource.com/about.