Text Box: ESE News

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March 2009

Early Stage East

Three Mill Road, Suite 201A Wilmington, DE 19806

Tel: 302 777 2460

Email: info@earlystageeast.org
Text Box: Q: What do all these companies have in common?

1. Advanced Mobile Solutions — Wayne, PA

2. Agilence — Camden, NJ

3. Core Solutions — Wayne, PA

4. Magnify.net — New York, NY

5. Maverick Network Solutions — Wilmington , DE

6. MVisum — Cedar Brook, NJ

7. NAYATEK — Newark, DE

8. SkillSurvey — Berwyn, PA

9. SOMS Technologies — Valhalla, NY

 

Answer:

 

a) They all presented at the     Early Stage East® 2008 Conference

 

&

 

b) They all have received funding since last year’s conference!
Text Box: Q: Would you like to have the same opportunity they had?

 

Attend Early Stage East®

The Exclusive Venture Capital Showcase for Promising Young Companies

 

Get Noticed!

Get Funded!

 

When: June 9th & 10th

Where: Hotel DuPont, Wilmington, Delaware
Text Box: ESE 2008 Presenter Agilence Receives 4 Million in Series B Funding
Text Box: See what Early Stage East 2008 Presenters had to say about the event: Text Box: Text Box: “On behalf of my team and our investors, I want to thank you for giving us the opportunity to pitch at the conference. You guys put on an outstanding show all around and we made a lot of valuable contacts.” Mark DeSantis, President MobileFusion, Inc. Text Box: “I wanted to thank your team for organizing the Early Stage East Venture Fair. As someone new to the fund raising process, I was very impressed with the level of support and feedback that you get from the event.” Ravi Ganesan, President, Core Solutions, Inc.

“Congratulations on another successful Early Stage East event. I thought it was great, from start to finish.”

 

Bret Dunlap, Advanced Mobile Solutions

“It was an honor and a pleasure to be included in Early Stage East. Your team, the crowd and the other entrepreneurs are all rock stars”

 

Steve Rosenbaum, CEO, Magnify.net

pays for itself in the first few months of subscription. Agilence, Inc. boasts retail chains such as Macy’s, Bloomingdale’s , Pathmark, A&P, Meijer , several casinos and the New Jersey Turnpike Authority among its customers.

“Agilence’s unique solution solves a major problem in a multi-billion dollar market – retail loss due to theft or error,” said Sam Kingsland of Granite Ventures, who will join the Agilence Board. “We were impressed with the quality and experience of the management team and the strong ROI this service can deliver to customers in the retail sector.”

This round of financing will ensure long-term growth by funding expansion of the company's
"We are excited to be partnering with Granite Ventures to expand our business,” said Russ Hawkins, President and CEO of Agilence, Inc. "We’ll leverage this round of funding to bring the benefits of our shrink reduction solution to a broader set of customers and to deliver on our Agilence On! promise."

 

Granite Ventures has been helping early-stage technology companies build solid foundations for success since 1992. Granite has managed over $1 billion in venture capital and has invested in more than 100 private companies. They partner with promising and successful entrepreneurs to create businesses that have a competitive edge, and help those businesses achieve category leadership. For more information about Granite Ventures, please visit www.granitevc.com.

NextStage Capital, L.P. is an early stage venture capital fund focused on investing in undiscovered software and hardware technology and/or services companies in the Mid-Atlantic region with solid track records. For more information on NextStage Capital, please visit www.nextstagecapital.com.

 

Agilence, Inc., the leading provider of Event-based Video Analytics solutions for retailers, closed a Series B round of funding worth $4 Million in November 2008 that is sure to place it firmly in its growth trajectory. The round was led by Granite Ventures, a leading San Francisco-based early-stage venture capital firm. Next Stage Capital of Audubon, PA, a current investor, also participated.

Their Agilence On! Service and Hawk Eye point-of-sale (POS) video Auditing software have helped many clients worldwide to reduce cashier shrink, manage their assets more effectively, and improve their business intelligence. The Agilence On! outsourced professional video analysis service combines the power of its sophisticated HawkEye software to reduce retailers’ cashier shrink by as much as 80%. The subscription-based service minimizes the time it takes retailers to identify and resolve POS shrink cases and improves overall operational effectiveness in a way traditional security video cameras have never been able to. Customer data shows that the service often