Information Technology
ACTEK Inc.
Birmingham, Alabama
ACTEK Inc. has been providing J2EE component commission and incentive compensation software since 1999. ACTEK started by providing software for the health insurance industry and has since expanded to service clients in financial services and general sales markets. By providing timely and cost-effective Internet-based solutions, ACTEK exceeds client expectations in every phase of delivery, from requirements analysis through installation and training. ACTEK achieves an unmatched level of customer satisfaction through the use of advanced technology, rapid application development, project management excellence and objectives-based contracting.
Emageon, Inc.
Birmingham, Alabama
Emageon provides an electronic image archiving and image manipulation software solution to hospitals. This allows a hospital to digitally archive medical images that have been archived traditionally via paper film in offsite warehouses. The Company’s software also allows any medical practitioner to view these images remotely or to manipulate the images for diagnostic purposes.
Co-investors include CB Ventures, Ascension Ventures, Kaiser Foundation Hospitals, Jemison Investment Co., Harbert Venture Capital, Redmont Ventures, Richgood Coporation, Miller Investments, and Delta Capital.
Connexn Technologies, Inc.
Westminster, Colorado
Connexn Technologies, Inc. is a software company that provides revenue recovery/assurance, data and switch migration, and provisioning process automation solutions for telecommunication providers.
Co-investors include: Advent International, Wolf Ventures, Sequel Venture Partners, and A.G. Edwards. In 2004 the company was sold to Azure Solutions Ltd. Subsequently, in 2005, Azure was sold to Subsex Systems, a publicly traded global telecom software product company.
Roving Planet
Boulder, Colorado
Roving Planet, which originated as a University of Colorado business school project and grew out of the Colorado Technology Incubator, produces software that controls Wireless Local Area Networks (WLANs). The software also enables the integration of wireless networks with wired networks.
NetRegulus Inc.
Denver, Colorado
NetRegulus provides web-based Enterprise Regulatory Management software that enables life science companies to effectively manage clinical study and quality data. These products help the companies meet ever increasing global regulatory requirements and improve operational efficiencies, launch products to market faster and identify potential product quality problems.
NextAction, Inc.
Wesminster, Colorado
NextAction, Inc. uses state-of the-art statistical modeling and database technology to provide lists of prospective customers to leading catalog, internet and multi-channel retailers.
Image-Guided Neurologics
Melbourne, Florida
Image-Guided Neurologics has developed proprietary devices and procedural methods that will allow for new and improved treatment of patients who suffer from serious neurological diseases. The company’s products are designed to work with imaging technologies, primarily MRI, allowing direct and remote MR-guided placement of therapeutic modalities into the brain. The IGN products will also allow MR-visualization of the therapy, including neurostimulation and other therapeutic interventions, cell transplantation and drug distribution.
The company was sold to Medtronic (NYSE: MDT) in 2005.
Computerized Processes Unlimited, LLC
Metairie, Louisiana
CPU is a diversified systems integration and software company that serves the needs of process industry companies. CPU’s Process Information Management System (“PIMS”) division is currently providing data monitoring and control systems to a number of major pipeline, offshore oil production and process manufacturing operations. Advantage Capital exited this investment when the Company sold its Plant Automation and Integration (“PAI”) division, which developed enhanced messaging middleware systems to facilitate connectivity between a manufacturing plant’s existing software applications and the plant’s ERP systems, to Aspen Technologies, Inc.
Flow Logic International
Baton Rouge, Louisiana
Flow Logic develops and distributes innovative plant design software for process operations, such as oil and gas, chemicals, food and beverages, pharmaceuticals, power generation, and pulp and paper. The company’s family of products is called ACPlant Designer.
Data Trade, LLC
Springfield, Missouri
DataTrade develops, markets and supports digital report storage and management systems, formally known as COLD (Computer Output to Laser Disk) or ERM (Enterprise Report Management).
Quick Study Radiology
St. Louis, Missouri
QSR provides information technology management services for hospital radiology departments. In particular, the company provides implementation and support of an integrated digital radiology information system, including picture archive communication systems (PACs), radiology information systems (RIS), archiving, web distribution and interfaces. QSR’s client list includes community hospitals, imaging centers and physician groups in four states.
Savvis Inc.
Town and Country, Missouri
Savvis (NASDAQ: SVVS) is a global IT utility provider that delivers secure, reliable, and scalable hosting, network, and application services. Savvis’ award-winning Intelligent IP NetworkSM spans 110 cities in 45 countries. Advantage Capital made its first investment in Savvis in 1997. The company was acquired by Bridge Information Systems in 1999, and was subsequently spun off by Bridge in an initial public offering in 2000. Currently, the company has annualized run-rate revenues in excess of $400 million, and serves over 3500 customers around the globe.
Transaction Transport Technologies, LLC
St. Louis, Missouri
Transaction Transport Technologies, LLC (T3) provides a suite of Transaction over Internet Protocol – ToIP – solutions that deliver fast and secure transport of payment and other financial data over the public Internet. With T3, merchants of all sizes, all types and from all vertical markets can leverage existing or planned broadband connectivity to include payment routing from the point-of-sale (POS) to the designated payment processor.
Comet Systems, Inc.
New York, New York
Comet Systems, Inc. provides utility services to users who download its Genesis platform. The company provides its Genesis platform free to people who want access to its search engine, Pop-Up Ad Zapper, and other utilities. The system allows for contextual marketing from advertisers who work in conjunction with Comet. The company raised and spent over $25 million developing the system and has had over 180,000,000 around the world download their software. In 2004, the company was sold to FindWhat.com.
ARC Solutions
Washington, DC
ARC Solutions is an association management software company. Its purely web-based Membership Application Platform (MAP), ARC Polaris, is comprised of modules designed to address the business needs of every member-focused organization. Using state-of-the-art Microsoft .NET technology and XML/Web Services, ARC Solutions provides leading-edge online technology to membership associations.
