Q-Link Technologies, Inc. Secures $3.5 Million in Series A Funding from Draper Fisher Jurvetson Gotham Ventures and Eyes of Texas Partners

Apr 03, 2001, 01:00 ET from Q-Link Technologies

    NEW YORK, April 3 /PRNewswire/ -- Q-Link Technologies, Inc., the leading
 business process management software firm, announced today that it has
 completed a first closing on a $3.5 million Series A round led by Draper
 Fisher Jurvetson Gotham Ventures, with the participation of Eyes of Texas
 Partners.  The Tampa (FL) based company plans to use the funding for sales,
 marketing and infrastructure expenditures.
     Q-Link Technologies designs, develops, and markets Q-Link, a Business
 Process Management (BPM) and workflow software platform that unifies, manages
 and controls every element and event of a business process including the
 people, the tasks and the process data.  It enables companies to build,
 automate, integrate and manage any type of business process, and delivers
 immediate ROI by improving productivity, reducing process cycle times and
 costs, strengthening customer and supplier relationships, and increasing
 profits.  It can be rapidly deployed and seamlessly integrated with other
 industry platforms.
     "We are very excited to have one of the leading venture capital firms,
 Draper Fisher Jurvetson Gotham Ventures both as an investor and a partner,"
 said Steven Horwitz, Chief Executive Officer of Q-Link Technologies, Inc.
 "Q-Link is clearly poised to seize a leadership position in this new and
 emerging market segment, and this funding will help us capitalize on this
 exploding market opportunity.  Q-Link's Business Process Management software
 has already saved Fortune 500 firms millions of dollars by increasing business
 process productivity and efficiency, and enabling continuous process
 improvements."
     "Q-Link's state of the art business process management system is on track
 to be the 'best of breed' solution in this emerging market," commented Chip
 Meakem, Principal, of Draper Fisher Jurvetson Gotham Ventures.  "Q-Link
 provides a flexible and robust software solution that connects the people,
 data and business logic involved in complex business processes.  Q-Link fills
 the void between inflexible ERP packages and data-centric enterprise
 application integration solutions.  Their installed client base is thrilled
 with the results they have achieved using Q-Link."
 
     About Q-Link Technologies
 Founded in 1997, Q-Link Technologies is a leading provider of business process
 management software.  The Q-Link solution organizes and unifies the people,
 business rules and disparate systems data within any enterprise or B2B process
 into a single, flexible platform.  Q-Link's innovative Process Container
 Architecture(SM) (PCA) technology, powerful workflow, and Dynamic Execution
 Engine(SM) collectively enable companies to rapidly deploy fully automated
 business processes without writing a single line of programming code.  Q-Link
 has helped some of the world's most recognized companies increase
 productivity, reduce cycle times and strengthen customer-supplier
 relationships.  For more information about Q-Link, visit
 http://www.qlinktech.com .
 
     About Draper Fisher Jurvetson Gotham Ventures
     Draper Fisher Jurvetson Gotham Ventures is an early-stage information
 technology venture capital firm with approximately $100 million of capital
 under management, focused on investment opportunities in New York and the
 surrounding regions.  The fund is an affiliate of Draper Fisher Jurvetson, a
 leading venture capital firm in Silicon Valley.  Draper Fisher Jurvetson
 Gotham's portfolio companies include Mimeo.com Inc., Textrade.com Inc., WayBid
 Technologies Inc., InfoRocket Inc., XOSoft, Inc., Lumeta Corp, 2Scoot.com, and
 Q-Link Technologies.  For more information about Draper Fisher Jurvetson
 Gotham please visit http://www.dfjgotham.com .
 
 

SOURCE Q-Link Technologies
    NEW YORK, April 3 /PRNewswire/ -- Q-Link Technologies, Inc., the leading
 business process management software firm, announced today that it has
 completed a first closing on a $3.5 million Series A round led by Draper
 Fisher Jurvetson Gotham Ventures, with the participation of Eyes of Texas
 Partners.  The Tampa (FL) based company plans to use the funding for sales,
 marketing and infrastructure expenditures.
     Q-Link Technologies designs, develops, and markets Q-Link, a Business
 Process Management (BPM) and workflow software platform that unifies, manages
 and controls every element and event of a business process including the
 people, the tasks and the process data.  It enables companies to build,
 automate, integrate and manage any type of business process, and delivers
 immediate ROI by improving productivity, reducing process cycle times and
 costs, strengthening customer and supplier relationships, and increasing
 profits.  It can be rapidly deployed and seamlessly integrated with other
 industry platforms.
     "We are very excited to have one of the leading venture capital firms,
 Draper Fisher Jurvetson Gotham Ventures both as an investor and a partner,"
 said Steven Horwitz, Chief Executive Officer of Q-Link Technologies, Inc.
 "Q-Link is clearly poised to seize a leadership position in this new and
 emerging market segment, and this funding will help us capitalize on this
 exploding market opportunity.  Q-Link's Business Process Management software
 has already saved Fortune 500 firms millions of dollars by increasing business
 process productivity and efficiency, and enabling continuous process
 improvements."
     "Q-Link's state of the art business process management system is on track
 to be the 'best of breed' solution in this emerging market," commented Chip
 Meakem, Principal, of Draper Fisher Jurvetson Gotham Ventures.  "Q-Link
 provides a flexible and robust software solution that connects the people,
 data and business logic involved in complex business processes.  Q-Link fills
 the void between inflexible ERP packages and data-centric enterprise
 application integration solutions.  Their installed client base is thrilled
 with the results they have achieved using Q-Link."
 
     About Q-Link Technologies
 Founded in 1997, Q-Link Technologies is a leading provider of business process
 management software.  The Q-Link solution organizes and unifies the people,
 business rules and disparate systems data within any enterprise or B2B process
 into a single, flexible platform.  Q-Link's innovative Process Container
 Architecture(SM) (PCA) technology, powerful workflow, and Dynamic Execution
 Engine(SM) collectively enable companies to rapidly deploy fully automated
 business processes without writing a single line of programming code.  Q-Link
 has helped some of the world's most recognized companies increase
 productivity, reduce cycle times and strengthen customer-supplier
 relationships.  For more information about Q-Link, visit
 http://www.qlinktech.com .
 
     About Draper Fisher Jurvetson Gotham Ventures
     Draper Fisher Jurvetson Gotham Ventures is an early-stage information
 technology venture capital firm with approximately $100 million of capital
 under management, focused on investment opportunities in New York and the
 surrounding regions.  The fund is an affiliate of Draper Fisher Jurvetson, a
 leading venture capital firm in Silicon Valley.  Draper Fisher Jurvetson
 Gotham's portfolio companies include Mimeo.com Inc., Textrade.com Inc., WayBid
 Technologies Inc., InfoRocket Inc., XOSoft, Inc., Lumeta Corp, 2Scoot.com, and
 Q-Link Technologies.  For more information about Draper Fisher Jurvetson
 Gotham please visit http://www.dfjgotham.com .
 
 SOURCE  Q-Link Technologies