In The News
by Jason Compton
January 21, 2005
SafeHarbor Technology, a BI and customer experience specialist, has received $5 million in funding from three of its incumbent venture investors. Covestco, OVP Venture Partners, and Wheatley Partners provided the extra cash to accelerate marketing and sales efforts and validated the efforts of new CEO Annette Jacobs, who took over the company's top job in early 2004.
Privately held analytic consultancy iKnowtion has released some details of its 2004 financial performance. The company says it enjoyed record growth in the past year, and anticipates increased revenues of more than 50 percent in the year ahead. The 6-year-old firm recently expanded staff and strengthened management in its consulting and data service divisions, and says it expects continued hiring growth over the next six months at least.
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