Digital Creations Receives $750,000 In Venture Funding
Fredericksburg, VA, Nov. 6 Digital Creations 2, Inc., a
Virginia-based company providing consulting services for web
business applications, today announced that it has received
$750,000 in its first round of venture capital funding from
Verticality Investment Group, LLC (VIG), a Jersey City,
N.J.-based venture capital firm that invests in private
technology companies.
Digital Creations will use the funding to significantly grow
its consulting business. The companys powerful Principia
web application platform has been developed over the last two
years and used in high scale, dynamic web sites for business
applications. With this software architecture, Digital Creations
brings a significant advantage in projects focused on time,
value, and certainty of success. The company specifically targets
complex web ventures with multi-level customer relationships.
Paul Everitt, a founder and Digital Creations CEO, said
the relationship with Verticality is a tremendous catalyst.
"Digital Creations has a powerful, unique architecture and
proven track record in delivering on its promises to customers.
Verticalitys principals have tremendous business insight
and a deep understanding of technology trends. The strong
relationship that we have formed gives us an accelerated roadmap
for entering the larger consulting services marketplace."
Hadar Pedhazur, principal of VIG, says, "Digital
Creations will emerge as a significant force in the web
application services market. Their architecture resonates with
how the web is now integral to the global business community.
Digital Creations is an aggressive, responsive company that owns
transformative technology and is now moving into the larger arena
of consulting."
VIG is a venture capital management company that focuses on
investments in private technology companies, generally those
involved in software development concentrating on finance, the
Internet, programming tools, development environments,
distributed object systems and programming languages. VIG's
partners have achieved notable successes in both large corporate
and entrepreneurial venues. For more information, call Hadar
Pedhazur at 201-656-9311 or visit the web site at http://www.verticality.com.
Founded in Fredericksburg in 1995, Digital Creations is an
established leader in web technology that connects business
applications to the online world. Digital Creations
architecture and services have been used in high-end solutions
for newspaper, government, and web businesses. For more
information, call Paul Everitt at 540.371.6909, email at paul@digicool.com, or visit
the web site at http://www.digicool.com.