Employease Investors

Employease has surrounded itself with leading venture capital and investment firms from across the United States. More than $50 million has been invested in the company to date. The company's investors include:

Hummer Winblad Venture Partners was created in 1989 as the first venture capital firm focused exclusively on software. Today the firm has over $900 million in capital under management dedicated solely to Internet software and services related investments. The company's investments include Wind River Systems (NASQDAQ: WIND), Hyperion (NASDAQ: HYSL) and Extensity (NASDAQ: EXTN). John Hummer, partner at Hummer Winblad, is a member of the ADP Employease Board of Directors.

SSM Ventures, with $156 million of capital under management, has focused on technology investments in Internet, information technology, telecommunications businesses, and non-technology investments in rapidly growing services businesses. The company's investments include Motive Communications, ActivePower, TelOptica, and SmartPrice.com. Wilson Orr, general partner at SSM Ventures, is a member of the ADP Employease Board of Directors.

Noro-Moseley has established four limited partnership funds over the past 17 years, with investments in over 115 companies throughout the Southeast. Most of Noro-Moseley's investments are in small to medium-sized, private growth companies from a broad array of industries with concentrations in e-commerce, software, communications and healthcare technology. The company's investments include Sciquest, NFront, Witness Systems and Edocter Update. Charles Johnson, general partner of Noro-Moseley Partners, is a member of the ADP Employease Board of Directors.

Federal Partners' venture capital investments, Tripod (acquired by Lycos, Inc.), Time Out NY, Luminex and Leukosite. Steve Christel, partner with Federal Partners, is a member of the ADP Employease Board of Directors.

Lovett Miller & Co., with $175 million of capital under management, focuses on investments in emerging growth companies. Current investments include 360Commerce,Inc., Cypress Care, Inc., PeopleClick, Inc., and Proxima Therapeutics.

Palo Alto Venture Partners is a venture capital firm formed and exclusively devoted to nurturing startups innovating and harvesting opportunities born of the Internet into major businesses. Palo Alto Venture Partners specializes in network-economy, software, and media businesses exploiting dislocations in industries or technology precipitated by the Internet. The company's investments include CareerBuilder, AvantGo and More.com.

Madrona Venture Group is an early-stage venture capital firm focused on the Internet Economy in the Northwest. The firm has a $250 million venture fund directed at emerging Internet, telecommunications and software businesses. Some of Madrona's investments include Amazon.com (NASDAQ: AMZN), Teledesic Corporation and Wit Capital (NASDAQ: WITC).

Berkshires Capital Investors was created in 1997 to invest in high technology companies in Western Massachusetts, and specifically the Berkshires region. Currently, the firm has over $20MM under management. Notable portfolio companies include Tripod, Inc (acquired by Lycos, Inc.), eZiba.com and Resounding Technologies, Inc. (acquired by HearMe, Inc.).