OpTier Raises US$63M in Fourth Round of Funding

Geschrieben am 23-09-2008

New York (ots/PRNewswire) -

- Leader in Business Transaction Management Accelerates Company
Growth with Focus on Product Line and Market Expansion

OpTier(TM), the leader in business transaction management, today
announced that it has raised an additional US$47.5 million in funding
from new investors Index Ventures and Morgan Stanley and existing
investors Pitango Venture Capital, Carmel Ventures, Lightspeed
Venture Partners, Gemini Israel Funds and strategic partner Cisco.
The company has also secured a US$15M credit line with Plenus Venture

The funding is a reflection of investors' confidence in OpTier's
current and future growth prospects. In the past year, OpTier further
accelerated and broadened its deployments in Fortune 500
organizations, generating significant sales growth. Along with
continued product innovation, OpTier's exceptional momentum has
strengthened the company's position as the leader in Business
Transaction Management (BTM). OpTier's management team will use the
funding to aggressively pursue plans to enhance and broaden the
company's offerings in the BTM market via acquisition and organic
development, fueling sales and marketing and expanding industry
partnerships. The company is currently building its staff through
employee recruitment in the U.S., Europe and Israel.

"OpTier has repeatedly succeeded in winning strategic customer
deals and creating valuable partnerships with the world's largest
organizations," said Bernard Dalle, Partner with Index Ventures. "We
believe the company is well positioned for rapid growth across
markets and geographies in one of the top priority areas for
enterprise IT. We are excited to lead this investment round."

"OpTier addresses the critical need for increased performance and
high availability from technology services in today's competitive
markets," said Thomas Mosimann, Executive Director with Morgan
Stanley. "Morgan Stanley seeks to partner with exactly these kinds of
companies that possess a combination of a differentiated offering, a
huge addressable market, and a strong management team."

OpTier's CoreFirst(R) tracks business transactions through a
complex infrastructure, automatically discovering the
interconnections of each transaction, and then mapping them to a
business service. By uniquely identifying all transactions, OpTier
provides a real-time picture of every transaction throughout IT
infrastructures. It identifies and reacts to changes in the
infrastructure in real-time, using this information to reduce
outages, quickly isolate and repair problems, improve operational
efficiency, better align IT with business priorities and lower
overall costs.

Since the debut of CoreFirst in 2005, OpTier has been recognized
by the industry for its unique approach to BTM. It has gained the
trust of many Fortune organizations that today use CoreFirst to
assure the timely execution of their key business activities across a
diverse set of critical and complex IT services.

"With CoreFirst we have created a new platform for managing IT
with a business-focused, transaction-driven approach. At global
organizations today, hundreds of millions of transactions are flowing
faster and more efficiently through complex IT infrastructures using
our solutions," said Israel Mazin, CEO & Chairman of the Board at
OpTier. "This significant funding will help us achieve our long term
growth plans. We are delighted to welcome the investments of
prestigious, top-tier investors Index Ventures and Morgan Stanley,
along with world-class investors Pitango Venture Capital, Carmel
Ventures, Lightspeed Venture Partners, Gemini Israel Funds and
strategic partner Cisco. Together with the credit line from Plenus,
we now have the flexibility to capitalize on a tremendous opportunity
to strengthen our market prominence. OpTier is viewed by the industry
as an excellent company, and we aim to continue to inspire confidence
with our customers and partners."

About OpTier

OpTier(R) harnesses the power of real business transactions with
its unique Business Transaction Management (BTM) software solutions.
The CoreFirst(R) product assures that business transactions flow
smoothly within IT applications and infrastructure without
bottlenecks or outages, for improved end-user experience and reduced
cost. CoreFirst's Active Context Tracking(TM) (ACT) technology
delivers end-to-end visibility -- of all business transactions,
across all tiers, all the time -- by continuously discovering the
links between IT components and business services. It also
prioritizes IT transactions and processes based on business needs,
for true IT optimization. For more information, visit

About Carmel Ventures

Founded in 2000 by pioneers and leaders of the Israeli high tech
industry, Carmel Ventures, with over US$600 million under management,
is one of Israel's leading venture capital funds focused on
Information Technology investments.

Led by former entrepreneurs and executives of the software and
communications industries, Carmel provides active, hands-on support
to its portfolio companies. Carmel is headquartered in Herzliya,
Israel and enjoys a worldwide network of industry, strategic and
investment resources. Carmel provides significant capital and support
through the growth cycle of its portfolio companies and is recognized
as a true company building fund in Israel. Carmel's current portfolio
is comprised of some of the most promising companies in their
respective domains and they are led by an outstanding group of

Carmel is an affiliate of the Viola Partners Group, a leading
innovative private equity investment group with over US$1.5B under
management focused on technology-based growth opportunities in

About Gemini Israel Funds

A pioneer in Israel's venture capital industry, Gemini Israel
Funds has grown to be the leading Israeli seed and early stage fund
in the Information Technology arena. The firm, founded in 1993,
manages more than US$700 million in five funds. Investments are
focused on the areas of Communications and Wireless Technologies,
Enterprise Software, Internet, Consumer Electronics and
Semiconductors. Through offices in Israel and Silicon Valley, Gemini
offers portfolio companies access to top-tier U.S. based investors
and a global network of corporate partners. As investment
professionals, Gemini's key contributions include an ability to make
daring investment decisions and the capability to utilize past
operational experience in assisting portfolio companies. Past
successes include: Allot, Mellanox, Saifun, Precise, Traiana,
Diligent, Butterfly, Commtouch, Ornet, Verisity, Jacada, Ceragon,
Riverhead, nLayers, Itemfield and others. For more information please
visit http://www.gemini.co.il .

About Index Ventures

Index Ventures is a leading European venture capital firm active
in technology venture investing since 1996. The firm is dedicated to
helping top entrepreneurial teams in the Information Technology and
Life Science sectors build their companies into market defining
global leaders. The firm has offices in Geneva, London and Jersey and
focuses on investments from seed through growth stage companies.
Recent exits include Skype (the pioneering communications company
acquired by eBay); MySQL (the world's most popular open source
database recently acquired by Sun), Last.fm (the world's largest
social music platform, recently acquired by CBS) and BioXell (BIOX,
floated on the SWX in 2007). For more information, please visit

About Lightspeed

Lightspeed Venture Partners is a leading global venture capital
firm with over US$2 billion of committed capital under management.
Lightspeed's investment professionals and advisors are located in
Silicon Valley, China, India and Israel. Over the past two decades,
the Lightspeed team has backed more than 150 companies, many of which
have become leaders in their respective markets, including Blue Nile,
Brocade, Calista, Ciena, DoubleClick, eHealth, Galileo Technology,
Growth Networks, Informatica, Kiva Software, LightLogic, Maker
Communications, Metasolv, Openwave, Quantum Effect Devices, Riverbed,
Sirocco, Virsa Systems and Waveset. For more information, visit the
Lightspeed website: http://www.lightspeedvp.com.

About Pitango Venture Capital

Pitango Venture Capital, the leading venture capital firm in
Israel, has been investing in technology entrepreneurs since 1993.
With offices in Israel, California and London, Pitango currently
manages over US$1 billion in committed capital invested in more than
100 companies. Pitango specializes in providing long-term support and
value-added services to its portfolio companies, with a focus on seed
to late-stage companies in Communications, Network and Storage,
Wireless and Mobile, Enterprise Software and Internet Infrastructure,
and Life Sciences including Biotech and Medical Devices. More
information about Pitango is available at: http://www.pitango.com.

About Plenus

Plenus, Israel's leading equity-based debt fund provides credit
facilities to revenue stage technology companies and late stage
financing solutions to mid-market companies.

Plenus' funds, Venture Lending and Mezzanine, manage funds in
excess of US$300mm and are backed by Israel's largest financial
institutions as well as US and European based investors.

To date, Plenus Venture Lending has provided its portfolio
companies credit facilities totaling over US$250mm in over 50 deals
and has participated in 10 significant exits. Plenus is an affiliate
of the Viola Partners Group, a leading innovative private equity
investment group with over US$1.7B under management, focused on
technology-based growth opportunities in Israel.

For more information on Plenus, please visit
http://www.plenus.co.il .

OpTier, CoreFirst and "Putting First Things First" are trademarks
of OpTier Ltd.

Michael Wooh Avi Dines
OpTier Schwartz Communications, Inc.
+1-212-679-2700 +1-781-684-0770
michael.wooh@optier.com OpTier@schwartz-pr.com
Web site: http://www.optier.com

ots Originaltext: OpTier
Im Internet recherchierbar: http://www.presseportal.de

Michael Wooh of OpTier, +1-212-679-2700, michael.wooh@optier.com, or
Avi Dines of Schwartz Communications, Inc. for OpTier,
+1-781-684-0770, OpTier@schwartz-pr.com


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