Skip navigation
Skip navigation

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

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.

For more information, please contact:

Scott Behles, International Marketing Manager


Tel: +31 20 20 10 517



Michael O'Connell/Nicola Morgan

Brodeur Worldwide (on behalf of Tridion)

Tel: +44 1753 790 700


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