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P R E S S R E L E A S E Connotate Technologies Announces Investment by Goldman Sachs
Connotate develops, sells and supports premium content monitoring, mining, and delivery solutions through its Information Agent Suite™, providing timely decision support, and knowledge management for information intensive applications. By automating the monitoring and mining of Web and database content, enterprises and individuals can better track and extract key data and information across a wealth of web pages and data sources. “We are thrilled to be working with Goldman Sachs. Their commitment sends a strong signal about the value of our web based, non-traditional approach to financial research“, said Bruce Molloy, CEO and Chairman of Connotate Technologies. “We are changing the way people and organizations use and capitalize on information available on the internet” said Molloy. “We are at the start of a new era in which solutions such as ours will make the web more active, personalized, and accessible. We think there is tremendous potential for our solution within Financial Services” “We believe that Connotate’s product offerings will have broad applicability across our global investor client base,” said Michael Sanders, Managing Director of Goldman Sachs. “We are currently witnessing an intense race among investment firms to obtain more primary, specialized research and tools. We are pleased to introduce Connotate’s solution to our clients.” About Connotate Technologies Connotate is changing the way businesses leverage information from the Web and Enterprise. Connotate’s premium solution goes far beyond search allowing users to quickly create and share on-demand applications that discern high value information, automate repetitive tasks, provide analysis and alerts from information found on the Web and across the Enterprise. Its machine-intelligent Agents can do anything a human can do to monitor, mine, analyze, mashup and deliver high value content. Agents operate on a fully-automated, 24 x 7 basis. Connotate Agent Community GEN2TM is a robust, flexible and scalable platform. Agents are created using an intuitive GUI that supports fast and easy configuration by end-users without programming experience. Content is delivered over any number of media including XML, RSS, email, text messaging, filesystems and direct feeds to SQL databases and Excel. Connotate’s clients include large hedge funds and financial services firms; many of the largest global publishers and online media companies; pharmaceutical, energy and Internet companies; and federal and state government agencies. Connotate was the recipient of the 2007 KM Promise Award and has been named one of the "100 Companies That Matter in Knowledge Management” by KMWorld for the fourth consecutive year. Connotate’s investors include Goldman Sachs; a relationship that includes a joint marketing agreement in which Goldman Sachs' Hudson Street Services offers Connotate’s solution to its investor client base. For more information on Connotate, visit our website at http://www.connotate.com.
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