StrikeIron Selected to Present at MAVA Capital Connection 2006
Mid-Atlantic Venture Association Recognizes StrikeIron as One of Region’s Hottest Entrepreneurial Companies
Research Triangle Park, NC – May 16, 2006 – StrikeIron Inc., provider of the Web Services Marketplace, today announced today that it has been selected to present at the Mid-Atlantic Venture Association’s (MAVA) Capital Connection 2006 conference. Bob Brauer, CEO and President of StrikeIron will present the StrikeIron Web Services Commerce Platform at the invitation-only event happening May 30 -31st at the Mandarin Oriental Hotel, Washington, DC. StrikeIron is one of 40 companies chosen from hundreds of candidates to participate.
“The investors who come to Capital Connection 2006 will see some of the most fundable entrepreneurial companies in the market today,” said Tim Meyers, Co-Chair of Capital Connection 2006 and General Partner of Updata Partners. “These presenting companies demonstrate the continued strength and high quality of the entrepreneurs who are selected to participate in one of the venture industry’s most successful venture fairs.”
StrikeIron is fundamentally changing the way developers and ISVs access live data and functionality by reducing the complexity of using Web services and significantly accelerating application development. As a result, millions of business users are able to take advantage of the Internet as a part of the development process.
“Being chosen to present at this prestigious event is strong validation of what StrikeIron has already achieved,” said Bob Brauer, President and CEO of StrikeIron. “Our Web Services Marketplace allows developers, ISVs and publishers of Web Services to reach a larger audience through a new distribution channel. New funding will help us reach new audiences and expand this emerging technology to more business partners and customers.”
About MAVA/Capital Connection 2006
Produced by the Mid-Atlantic Venture Association (MAVA), Capital Connection is one of the nation’s most successful and influential venture events. Over the years, MAVA venture fairs have helped to shape the region's entrepreneurial economy, generating more than $2.5 billion of venture investments in the presenting companies. MAVA represents private equity and venture capitalists with investment interests in the mid-Atlantic. Founded in 1986, MAVA provides a wide range of programs, information and forums designed to facilitate quality deal flow, encourage collaboration, and foster relationships with entrepreneurs and investors in order to promote private equity investment. Membership includes more than 500 venture capital professionals representing nearly 125 firms with collectively more than $10 billion in capital under management. In addition, more than 250 key professional service providers from the legal, financial, executive search and consulting fields are also MAVA members. For more information, please visit
www.mava.org
About StrikeIron
StrikeIron is the leader in providing innovative solutions for delivering data
over the emerging Internet. The company’s innovative Web Services Marketplace
provides a technology platform, micro-transaction management and a consistent
interface across many XML-based Web services from multiple, diverse sources.
This allows business users, application developers and enterprise IT
professionals to customize and integrate external data sources and additional
external functionality into enterprise, Web, and composite applications.
Currently, StrikeIron provides over 100 live data sources and business
functions from organizations such as Cortera, D&B, Gale, MapQuest, Midnight Trader,
Tax Data Systems, The Sports Network, and Zacks.
StrikeIron also offers IronCloud™, the only comprehensive Web services delivery
platform that opens up new channels for data distribution and consumption
through Web Services. Enterprises of all sizes can now reduce the cost and
complexity of managing the challenges of data distribution which include
leveraging an existing external hardware and software architecture, controlling
and metering access and usage, external monitoring for 24x7 reliability, full
usage analytics, as well as multiple authentication scenarios and instead
concentrate their focus on making information easier for partners, customers,
and distributed business units to access and use. StrikeIron delivers value to
over 1,500 customers and partners such as Avaya, BEA, Delivery.com, IBM, Honda
Europe, D&B, Siemens, Nike, Swarovski, ShoeBuy, and Exclusive Resorts. For
more information, visit www.strikeiron.com.
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