Press Releases

View press releases of Verdexus and its portfolio companies.
 

Acorn Energy Completes Acquisition of Coreworx, leading energy infrastructure software provider
 Acorn Energy, Inc. (NASDAQ: ACFN) completes acquisition of Verdexus portfolio company Coreworx Inc. (formerly Software Innovation.)
 Led by Coreworx CEO Ray Simonson, Acorn will extend its reach in intelligent energy infrastructure
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Iotum "Free Conference Calls" on Facebook Goes Global
 Verdexus portfolio company showing strong adoption and momentum, easily sailing through key 100 000 installed users mark.
 Demand for global footprint met by partnering with Truphone, Abbeynet and Moi Telecom
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Iotum Secures New Capital Investment from Verdexus
 Verdexus General Partner, Randall Howard joins Board and becomes Chairman.
 Breakout Facebook voice conferencing opporunity, coupled with strong technology patent portfolio compelling reasons to invest.
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Skywire Software Completes Acquisition of Whitehill Technologies
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Ray Simonson Appointed CEO of Verdexus Portfolio Company Software Innovation
 With Software Innovation fully ready to scale, Ray Simonson now assumes role of CEO.
 This allows General Partner Randall Howard to develop future Verdexus transactions while continuing to assist in board-level strategic initiatives at Software Innovation.
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Software Innovation Financing Increased to $10.1 Million
 Verdexus portfolio company increases second round of expansion capital.
 Strategic capital to accelerate COREWORX project colloboration into Global Markets
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Necho Acquired by CyberShift
  Verdexus General Partner, Randall Howard completes Necho Board level engagement.
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Waqar Zaidi Completes Executive Engagement With Software Innovation
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Software Innovation Inc. Raises $6.4 Million Financing Round
 Verdexus portfolio company raises second round expansion capital.
 Strategic capital to accelerate COREWORX project colloboration into Global Markets
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Reunion.com Acquires Social Networking Innovator, GoodContacts
 Consumer web leader, Renunion.com acquires social network pioneer GoodContacts.
 Verdexus General Partner, Randall Howard, on Management Board of GoodContacts
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General Partner Suresh Patel to Assume Role of Consultant for Verdexus Europe
 Suresh Patel will assume post as consultant for Verdexus Europe.
 Patel was a founding General Partner of Verdexus
 Verdexus increasing focus on portfolio company Software Innovation.
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Former Checkfree Senior Executive Ray Simonson Joins Verdexus
 Ray Simonson is a successful serial entrepreneur, with deep technology expertise in financial services, utilities and healthcare.
 Formerly Senior VP of Operations and CTO of Atlanta-based CheckFree i-Solutions
 Successful exit in 2000 from VC-backed Bluegill Technologies, based on online payments and internet billing.
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Verdexus Acquires Software Innovation Inc. and Injects Financing for Growth
 Software Innovation (www.softinn.com) is a leader in project collaboration solutions for Architecture, Engineering and Construction (A/E/C) vertical market.
 Acquisition and financing represents a $5 million transaction.
 Verdexus General Partners Randall Howard and Waqar Zaidi will manage the business as CEO and COO, respectively.
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New Investment Strengthens Market Presence for Necho – Necho's Recognition in the Marketplace Attracts New Investors
 Necho Systems Corp. is a Toronto-based global provider of software-based financial applications for automating employee business expense processing
 Verdexus General Partner, Randall Howard actively engaged on the Board at Necho.
 $6 million financing round closed.
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