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Spectrum Equity Investors and Geocapital Partners Co-Lead $20M Equity Investment in Geneva Technology

FORT LEE, N.J.-- Spectrum Equity Investors and Geocapital Partners announced a major equity investment in Geneva Technology Ltd., a telecommunications and e-commerce billing software specialist. The total capital infusion of over $20 million will enable Geneva Technology to accelerate its planned expansion into new target markets and geographies. Geneva Technology Ltd. , established in 1989 and based in Cambridge, England, specializes in convergent rating and billing software for the telecommunications, utilities and on-line service marketplaces.

http://www.gtl.com

http://www.spectrumequity.com

http://www.geocapital.com




Venture Capital Firms Invest $20 Million in Atlanta's Interland

ATLANTA -- Interland Inc. closed a $20 million combined investment capital deal with VC firms, Crest Communications Holdings, Boulder Ventures Limited, Mid-Atlantic Office, and BancBoston Capital. Interland is a leader in turnkey Web and application hosting solutions ranging from a basic Web site to a sophisticated e-commerce storefront.

http://www.interland.net




Internet Commerce Completes $19.5 Million Financing

NEW YORK-- Internet Commerce Corp. (NASDAQ: ICCSA) completed a $19.5 million equity financing. The participants included the previously