"
"Optaros is the key player in helping big companies strategically
plan and integrate open source
software at the business applications
level," said SpikeSource CEO Kim Polese. 15 - Whitecastle
Private Equity Partners Fund
LP ("Whitecastle") launched today with more than $60 million of capital
under
management.
consultancy 3d
"One of our competitors recently announced that it will be launching a
platform
for the enterprise market that will allow developers to integrate
data between legacy enterprise
applications," said David Baeder, President and
CEO of OpenBOX.whitecastle.installation technology
More recently, open source
is being used in
business applications software - content management systems, web
portals, customer
service and other systems.spikesource. This expertise includes
simplifying workflow intensive applications
and designing databases,
applications and processes to streamline company information. At Whitecastle
,
our history is of economic success, but our legacy is of integrity.market scale
Although open source
software
can be acquired for minimal or no cost, it typically has not
come with the systems integration or
support services of the kind
provided by commercial software vendors.greater focusing
com) is a venture capital-funded
consulting and systems integration firm that helps large enterprises
use open source software
to reduce the cost of commercial software and
rapidly build high-quality, cost-effective and more
flexible business
applications.toronto enterprise
, the firm provides a range of
services necessary for enterprises
to maximize the benefits of open
source software -- to replace existing costly proprietary software
or
to build new business applications. Customers can originate with an ASP platform and then
migrate
to an in-house turnkey solution as needed.partnering architecture
We believe that investing capital in good businesses
and partnering with
talented entrepreneurs who share our values leads to thriving and successful
industry leaders.backend consulting
I felt we needed to announce to the world that we have
been a player for a
long time while others are still in the planning stages."
Whitecastle was founded in 1958, having
a long history of successfully
building companies and partnering with entrepreneurs.
9 enterprise
I.
About OpenBOX Technologies
Headquartered in Providence, RI, OpenBOX Technologies develops
flexible,
fully integrated enterprise software solutions and services for small, mid-
sized and
large businesses.net.3t medium
The architecture minimizes the
challenges companies face with applications
that aren't integrated, are dated
or inflexible to work with, or prevent data-sharing among various
groups
within the company. We value integrity, hard work, and teamwork.technology consultancy
For more
information visit
www.Whitecastle Private Equity Partners Fund LP launches new private equity fund
enterprise technology
, an open source
software consulting and integration
firm, today announced that it will be a charter member of
SpikeSource
's strategic alliance program.consulting enterprise
openbox.
"We at Whitecastle believe our fund fulfills a niche
in the Canadian
private equity market that is currently under-serviced," said Carey Diamond,
managing
director of Whitecastle.partnering pro
"Our clients want a solid foundation for business solutions that
we architect
and build," said Dave Gynn, who leads Optaros'
Application Infrastructure Practice. "We see the support
, testing, and
certification from SpikeSource as an important part of our solution. (www.OpenBOX Technologies
Announces Enterprise Solutions Architecture That Integrates With Third-Party and Legacy Systems
PROVIDENCE, R.
Our patient time horizons, close interaction with management, and serious
focus
on the investees will assist these companies in achieving their
potential.
Whitecastle
Private Equity Partners Fund LP is a Toronto-based investment
fund focused on providing capital and
expertise for growth and buyouts in
small and medium-sized enterprises.integration medium
"We look forward to working
with them and helping large firms and government organizations build
major open source applications
."
About Optaros
Optaros, Inc.optaros.ca.provider medium
Thus, to date many companies
have waited for
these services to be in place before moving toward
large-scale adoption of open source software.
"SpikeSource provides this kind
of high-quality testing, certification and support, which should
reduce concerns of large organizations about the quality of open
source software."
OpenBOX
's expertise allows customers to leverage their existing systems
instead of having to reinvest in
new ones. The fund's limited partners,
comprising both Whitecastle Investments Limited and some of
Canada's largest
pension funds, may co-invest with the fund, significantly increasing the
amount
of capital available for a single transaction.pro 9
About SpikeSource
SpikeSource is an open
source IT services company founded in 2003
to help accelerate enterprise open source adoption through
testing,
certification and support of open source software.
The OpenBOX architecture is the
basis for the OpenBOX Business Suite,
which is available as either ASP or turnkey.pro installation
Optaros and SpikeSource
to Work Together to Bring Open Source Software to Enterprise Business Applications
partnering market
"The traditional
avenues for capital are
becoming less accessible for small and medium-sized enterprises, and our
skills in helping these companies grow and prosper fill a much needed void.sized provider
"The OpenBOX architecture
has been integrating with legacy
systems for years; most recently, for one of our largest government
contracting customers. All OpenBOX
solutions are focused on increasing efficiency by providing
uniform
information-sharing across the organization from various databases if
necessary. Whitecastle
will invest in small to medium-sized enterprises
across key private business sectors, primarily in
Canada, but also in the
northeastern United States.scale technology
This
partnership enhances Optaros' ability
to provide clients with
high-quality open source business solutions.360 enterprise
Business Editors
Open
Source Business Conference 2005
SAN FRANCISCO----
Partnering to combine Optaros' consulting
and solutions
with SpikeSource software and support to large companies
Optaros Inc.
"Open
source provides more software choices to large enterprises,
but it must still come with the same
assurances that enterprises
receive from commercial software vendors," said Bob Gett, Optaros
chief
executive officer and president."
Over the last decade, companies have been using open source
software
for operating systems, databases, web server and other
"infrastructure" software. Based in Cambridge
, Mass. For more information visit
http://www.greater legacy
Having launched two of the most
successful IT service
companies of the last two major shifts in
technology, Optaros' management brings substantial expertise
to
creating a company that can help clients fully adopt new technology
models and platforms.com
, OpenBOX Technologies (OpenBOX),
a growing developer of enterprise solutions, today
announced its flexible,
fully integrated enterprise solutions architecture that enables small, mid
-
sized and large companies to integrate their legacy database and enterprise
solutions with the
latest technology.
- Targets are small to medium-sized enterprises currently under-serviced
by Canadian private equity funds
TORONTO, Feb.3t pro
Large organizations have been rapidly
adopting open source
software to reduce technology costs, build systems faster and gain
more control
over their technology direction. OpenBOX solutions include order management,
project management
, partner management, customer help desk, sales force
automation, and marketing campaign management
, as well as customized
enterprise solutions and professional services. For more
information about
Whitecastle and its portfolio of companies, please visit our
website, http://www.3d 3t
Optaros provides
strategic
advice on approaches for using open source software and designs and
develops business
systems which use open source software.
The fund will target opportunities in key business sectors
, including
health care services and products, financial services, and manufacturing, with
investments
ranging from $5 to $25 million each.9 focusing
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