Board Members & Investors

Funding Status

OpenService received a round totaling $8 million in November 2003, led by Advent International.

Board Members

Ted Joseph, Chairman and Chief Executive
Michael Pehl, Partner, Advent International
Kathleen O'Donnell, Partner, Advent International
Jay Goldberg, Partner, Hudson Ventures
Barrie Zesiger, Zesiger Capital Group
Michael Ruffolo, President and CEO, Liquid Machines

Key Investors

Advent International
Advent International is one of the world’s largest private equity firms, with $6 billion in cumulative capital raised and offices in 13 countries across North America, Europe, Latin America and Asia Pacific. Since its founding in 1984, Advent has been committed to helping management teams build successful businesses by applying its industry expertise, international resources and local market knowledge. Over 130 of Advent’s portfolio companies have completed IPOs on major stock exchanges worldwide. Its portfolio companies have raised more than $10 billion through public equity and debt offerings. For more information, visit www.adventinternational.com.

Zesiger Capital Group
Zesiger Capital Group LLC is a money management firm committed to maximizing absolute returns for assets under management. Zesiger invests in all asset classes, including private investments where we do not use a fund or take a carried interest. The dynamic allocation of assets among diverse asset classes and over a long-term horizon is fundamental to Zesiger’s strategy. For more information, visit www.zesigercapital.com.

Hudson Ventures
Hudson Ventures is a New York based Venture Capital Firm that participates in the SBIC Program. Hudson Ventures currently has more than $170 million of capital under management. Hudson’s team has decades of experience in operating and growing technology companies, and has successfully managed every phase of a company's life cycle. Hudson Ventures believes that their expertise enables them to add value in both leading investment syndicates and co-investing with other Venture Funds. Portfolio companies are primarily located in the Northeast. Hudson Ventures focused geographic strategy supports a close working relationship and facilitates rapid growth. For more information, visit www.hudsonptr.com.

Liberty View Equity Partners
LibertyView Equity Partners, SBIC, LP is a Delaware limited partnership focusing on making minority equity and equity-oriented investments, generally in the range of $1 - $5 million, in private middle market companies needing capital for expansion and recapitalization. The Fund’s strategy is to focus on companies in industries that are ripe for growth and consolidation and in which the Principals have expertise, including health care, consumer services, industrial products and services, environmental products and services, technology and the Internet. The Fund concentrates its efforts geographically in the Northeast, Midwest and Southeast, although it may invest nationally on a selected basis. For more information, visit http://www.lvep.com/

Other minority shareholders include:

Veritas
Cisco Systems, Inc.
Blue Rock Capital
Mid-Atlantic Venture Funds
Keystone Venture Capital Group
Hickory Venture Capital Group
Walker Ventures
Lycos Ventures