Active Endpoints Receives $5M in Funding

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Wed Apr 29, 2009 9:00am EDT

Investment Permits Company to Expand Its Success in the Business Process
Management System Marketplace


WALTHAM, Mass.--(Business Wire)--
Active Endpoints, Inc. (www.activevos.com), the inventor of visual orchestration
systems, today announced that it has raised $5M in an extension of its Series B
funding. Participating in the investment round was North Bridge Venture
Partners, one of the company`s original investors. Active Endpoints will use the
new funding to expand R&D, marketing and sales to capitalize on the success of
ActiveVOS in the Business Process Management (BPM) marketplace. 

Enterprises today increasingly look to BPM technology to automate core,
long-running business activities that use a combination of computing resources
and human tasks. ActiveVOS has established leadership in automating business
process management applications with an easy-to-use, affordable, standards-based
product which has grown rapidly in both customer acquisition and revenue since
the announcement of ActiveVOS 6.0 in September, 2008 (see ActiveVOS Experiences
Rapid Growth in Q1 2009and Active Endpoints Reports Record Growth in 2008.) 

"In the tight economic times we are in today, before a company will acquire a
BPMS, vendors have to meet a much higher standard of proof that a BPMS will
deliver productivity quickly," said Mark Taber, CEO, Active Endpoints.
"ActiveVOS delivers the real return on investment BPMS buyers want. As a result,
more and more customers are discovering ActiveVOS and using it to revolutionize
their business process management applications. Now, with the continued support
of our investors at North Bridge Venture Partners, we will be able to expand our
reach to more customers who can succeed with ActiveVOS." 

ActiveVOS allows developers, business analysts, operations staff and managers to
model, develop, test, deploy and manage a new generation of 100% standards-based
BPM applications affordably and quickly. In contrast to the costly,
stitched-together-through-acquisition approaches of other vendors, ActiveVOS is
complete. ActiveVOS is easy to learn and can be rapidly deployed. The company
offers a free, supported 30-day trial and a website with dozens of samples,
learning materials, complete class curriculums, demos, podcasts, webinars and
more - all available for download without registration. 

"Strong, positive response from customers to ActiveVOS demonstrates that there
is a large and growing marketplace for easy-to-use, standards-based and
affordable business process management systems," said Michael J. Skok, general
partner, North Bridge Venture Partners. "Active Endpoints is serving this market
with three great strengths. First, ActiveVOS itself, a completely integrated
BPMS solution. Second, a proven management team that has consistently beaten its
measurements quarter after quarter with an innovative go-to-market approach and
excellent customer support. And third, an expansive technological vision that
the company is rapidly developing into new versions of ActiveVOS to meet
evolving customer needs. These three factors led to our decision to continue to
invest in Active Endpoints to ensure it will reach its full potential." 

About Active Endpoints, Inc.

Active Endpoints (www.activevos.com) is the leading developer of visual
orchestration systems. Active Endpoints` ActiveVOS empowers project teams to
create business process management (BPM) applications using services, making
their businesses more agile and effective. ActiveVOS promotes mass adoption of
SOA-enabled BPM applications by focusing on accelerating project delivery time
with a complete, affordable and easy-to-use system. Active Endpoints is
headquartered in Waltham, MA with development facilities in Shelton, CT. 

ActiveVOS is a trademark of Active Endpoints, Inc. All other company and product
names are the property of their respective owners.



Active Endpoints, Inc.
Sonal Rajan, +1-781-547-2900, x342
sonal.rajan@activevos.com



Copyright Business Wire 2009

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