OpTier Raises $63M in Fourth Round of Funding

Leader in Business Transaction Management Accelerates Company Growth with
Focus on Product Line and Market Expansion

NEW YORK, Sept. 23 /PRNewswire/ -- OpTier(TM), the leader in business
transaction management, today announced that it has raised an additional $47.5
million in funding from new investors Index Ventures and Morgan Stanley and
existing investors Pitango Venture Capital, Carmel Ventures, Lightspeed
Venture Partners, Gemini Israel Funds and strategic partner Cisco. The company
has also secured a $15M credit line with Plenus Venture Lending.
The funding is a reflection of investors' confidence in OpTier's current
and future growth prospects. In the past year, OpTier further accelerated and
broadened its deployments in Fortune 500 organizations, generating significant
sales growth. Along with continued product innovation, OpTier's exceptional
momentum has strengthened the company's position as the leader in Business
Transaction Management (BTM). OpTier's management team will use the funding to
aggressively pursue plans to enhance and broaden the company's offerings in
the BTM market via acquisition and organic development, fueling sales and
marketing and expanding industry partnerships. The company is currently
building its staff through employee recruitment in the U.S., Europe and
Israel.
"OpTier has repeatedly succeeded in winning strategic customer deals and
creating valuable partnerships with the world's largest organizations," said
Bernard Dalle, Partner with Index Ventures. "We believe the company is well
positioned for rapid growth across markets and geographies in one of the top
priority areas for enterprise IT. We are excited to lead this investment
round."
"OpTier addresses the critical need for increased performance and high
availability from technology services in today's competitive markets," said
Thomas Mosimann, Executive Director with Morgan Stanley. "Morgan Stanley seeks
to partner with exactly these kinds of companies that possess a combination of
a differentiated offering, a huge addressable market, and a strong management
team."
OpTier's CoreFirst(R) tracks business transactions through a complex
infrastructure, automatically discovering the interconnections of each
transaction, and then mapping them to a business service. By uniquely
identifying all transactions, OpTier provides a real-time picture of every
transaction throughout IT infrastructures. It identifies and reacts to changes
in the infrastructure in real-time, using this information to reduce outages,
quickly isolate and repair problems, improve operational efficiency, better
align IT with business priorities and lower overall costs.
Since the debut of CoreFirst in 2005, OpTier has been recognized by the
industry for its unique approach to BTM. It has gained the trust of many
Fortune organizations that today use CoreFirst to assure the timely execution
of their key business activities across a diverse set of critical and complex
IT services.
"With CoreFirst we have created a new platform for managing IT with a
business-focused, transaction-driven approach. At global organizations today,
hundreds of millions of transactions are flowing faster and more efficiently
through complex IT infrastructures using our solutions," said Israel Mazin,
CEO & Chairman of the Board at OpTier. "This significant funding will help us
achieve our long term growth plans. We are delighted to welcome the
investments of prestigious, top-tier investors Index Ventures and Morgan
Stanley, along with world-class investors Pitango Venture Capital, Carmel
Ventures, Lightspeed Venture Partners, Gemini Israel Funds and strategic
partner Cisco. Together with the credit line from Plenus, we now have the
flexibility to capitalize on a tremendous opportunity to strengthen our market
prominence. OpTier is viewed by the industry as an excellent company, and we
aim to continue to inspire confidence with our customers and partners."
About OpTier
OpTier(R) harnesses the power of real business transactions with its
unique Business Transaction Management (BTM) software solutions. The
CoreFirst(R) product assures that business transactions flow smoothly within
IT applications and infrastructure without bottlenecks or outages, for
improved end-user experience and reduced cost. CoreFirst's Active Context
Tracking(TM) (ACT) technology delivers end-to-end visibility -- of all
business transactions, across all tiers, all the time -- by continuously
discovering the links between IT components and business services. It also
prioritizes IT transactions and processes based on business needs, for true IT
optimization. For more information, visit http://www.optier.com.
About Carmel Ventures
Founded in 2000 by pioneers and leaders of the Israeli high tech industry,
Carmel Ventures, with over $600 million under management, is one of Israel's
leading venture capital funds focused on Information Technology investments.
Led by former entrepreneurs and executives of the software and
communications industries, Carmel provides active, hands-on support to its
portfolio companies. Carmel is headquartered in Herzliya, Israel and enjoys a
worldwide network of industry, strategic and investment resources. Carmel
provides significant capital and support through the growth cycle of its
portfolio companies and is recognized as a true company building fund in
Israel. Carmel's current portfolio is comprised of some of the most promising
companies in their respective domains and they are led by an outstanding group
of entrepreneurs.
Carmel is an affiliate of the Viola Partners Group, a leading innovative
private equity investment group with over $1.5B under management focused on
technology-based growth opportunities in Israel.
About Gemini Israel Funds
A pioneer in Israel's venture capital industry, Gemini Israel Funds has
grown to be the leading Israeli seed and early stage fund in the Information
Technology arena. The firm, founded in 1993, manages more than $700 million in
five funds. Investments are focused on the areas of Communications and
Wireless Technologies, Enterprise Software, Internet, Consumer Electronics and
Semiconductors. Through offices in Israel and Silicon Valley, Gemini offers
portfolio companies access to top-tier U.S. based investors and a global
network of corporate partners. As investment professionals, Gemini's key
contributions include an ability to make daring investment decisions and the
capability to utilize past operational experience in assisting portfolio
companies. Past successes include: Allot, Mellanox, Saifun, Precise, Traiana,
Diligent, Butterfly, Commtouch, Ornet, Verisity, Jacada, Ceragon, Riverhead,
nLayers, Itemfield and others. For more information please visit
http://www.gemini.co.il .
About Index Ventures
Index Ventures is a leading European venture capital firm active in
technology venture investing since 1996. The firm is dedicated to helping top
entrepreneurial teams in the Information Technology and Life Science sectors
build their companies into market defining global leaders. The firm has
offices in Geneva, London and Jersey and focuses on investments from seed
through growth stage companies. Recent exits include Skype (the pioneering
communications company acquired by eBay); MySQL (the world's most popular open
source database recently acquired by Sun), Last.fm (the world's largest social
music platform, recently acquired by CBS) and BioXell (BIOX, floated on the
SWX in 2007). For more information, please visit http://www.indexventures.com.
About Lightspeed
Lightspeed Venture Partners is a leading global venture capital firm with
over $2 billion of committed capital under management. Lightspeed's investment
professionals and advisors are located in Silicon Valley, China, India and
Israel. Over the past two decades, the Lightspeed team has backed more than
150 companies, many of which have become leaders in their respective markets,
including Blue Nile, Brocade, Calista, Ciena, DoubleClick, eHealth, Galileo
Technology, Growth Networks, Informatica, Kiva Software, LightLogic, Maker
Communications, Metasolv, Openwave, Quantum Effect Devices, Riverbed, Sirocco,
Virsa Systems and Waveset. For more information, visit the Lightspeed website:
http://www.lightspeedvp.com.
About Pitango Venture Capital
Pitango Venture Capital, the leading venture capital firm in Israel, has
been investing in technology entrepreneurs since 1993. With offices in Israel,
California and London, Pitango currently manages over $1 billion in committed
capital invested in more than 100 companies. Pitango specializes in providing
long-term support and value-added services to its portfolio companies, with a
focus on seed to late-stage companies in Communications, Network and Storage,
Wireless and Mobile, Enterprise Software and Internet Infrastructure, and Life
Sciences including Biotech and Medical Devices. More information about Pitango
is available at: http://www.pitango.com.
About Plenus
Plenus, Israel's leading equity-based debt fund provides credit facilities
to revenue stage technology companies and late stage financing solutions to
mid-market companies.
Plenus' funds, Venture Lending and Mezzanine, manage funds in excess of
$300mm and are backed by Israel's largest financial institutions as well as US
and European based investors.
To date, Plenus Venture Lending has provided its portfolio companies
credit facilities totaling over $250mm in over 50 deals and has participated
in 10 significant exits. Plenus is an affiliate of the Viola Partners Group, a
leading innovative private equity investment group with over $1.7B under
management, focused on technology-based growth opportunities in Israel. For
more information on Plenus, please visit http://www.plenus.co.il .

OpTier, CoreFirst and "Putting First Things First" are trademarks of
OpTier Ltd.

Michael Wooh Avi Dines
OpTier Schwartz Communications, Inc.
212-679-2700 781-684-0770
michael.wooh@optier.com OpTier@schwartz-pr.com

SOURCE OpTier

Michael Wooh of OpTier, +1-212-679-2700, michael.wooh@optier.com, or Avi Dines
of Schwartz Communications, Inc. for OpTier, +1-781-684-0770,
OpTier@schwartz-pr.com