Summer 2007
Newsletter
NEW INVESTMENTS
SSM NEWS
PORTFOLIO COMPANY NEWS
NEW INVESTMENTS
DataCert Receives $10
Million Investment from SSM Partners to Fund Continued Growth
We are pleased to announce our recent investment in DataCert,
Inc. SSM led the $10 million financing with participation from several of the company’s existing investors.
DataCert is the leading provider of corporate legal and IP spend and matter management solutions. DataCert’s
solutions help corporate legal departments reduce their legal expenses. Having won numerous awards including the Inc. 500
distinction, DataCert has matured from a small technology start-up to one of the fastest growing technology companies in North America.
The financing will support DataCert’s strategy to accelerate its
market expansion in Europe and increase the adoption of legal spend and matter management technology among Fortune® Global 500
companies.
To view the press release announcing this investment, please visit http://www.ssmpartners.com/html/news_press/news/062707.htm.
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Bulldog Solutions Receives $5
Million Investment from SSM Partners
We are pleased to announce our investment in Bulldog Solutions,
Inc. Bulldog Solutions is the recognized thought leader and pioneer in lead optimization and management using Webinar campaigns
and other information platforms. The company plans to invest the funds from the SSM investment in expanding its product range and
staffing to fuel continued growth.
Bulldog Solutions achieved revenue growth of 473% from 2003 to 2005. The
company was recognized in October 2006 as the second fastest growing company on The Austin Business Journal Fast 50 List of companies in Central
Texas, in the under $10 million in revenue category, and was also named a winner of The 2006 Selling Power Sales Excellence Award for achievement in
demand generation.
To view the press release announcing this investment, please visit http://www.ssmpartners.com/html/news_press/news/032207.htm.
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Senior Whole Health Receives
Significant Equity Investment to Fuel Expansion
SSM portfolio company Senior Whole Health (SWH) raised $16 million earlier
this year. Flexpoint Partners led this Series B financing with participation from the company’s existing investors,
including New Capital Partners, Noro-Moseley Partners, Council Ventures, and SSM. The company is utilizing the proceeds to fund
SWH’s expansion into two new states, New York and Connecticut.
To view the press release announcing this investment, please
visit
http://www.ssmpartners.com/html/news_press/news/010407.htm.
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SSM NEWS
SSM Announces
Addition of Venture Partners Larry Coleman, PhD and David Swenson
As part of an ongoing effort to strengthen our healthcare expertise and
network, we recently welcomed Dr. Larry Coleman and Mr. David Swenson to our team as Venture Partners. With venture capital
careers spanning over twenty-five years, Larry and Dave have collectively invested in over 80 high-growth healthcare companies including Surgical
Care Affiliates, Pyxis, Integrated Health, Long Term Care Group, Coventry and Vitas. Operating out of their offices in Nashville,
they will work with us to source new investments and build successful companies in the healthcare services and information technology
sectors. Having known Larry and Dave for many years, we feel that they are a terrific addition to our team.
To view the press release from this announcement, please visit
http://www.ssmpartners.com/html/news_press/news/040207.htm.
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PORTFOLIO COMPANY NEWS
Passport Health Receives Industry Award for Revenue Growth
Servigistics Named Finalist in 5th annual Stevie® Awards Competition
DataCert Acquires Corprasoft
Servigistics Earns Coveted Spot on List of Atlanta's 50 Fastest Growing Companies
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