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Harmony Information Systems Raises $28 Million in Series B Financing from JMI Equity, Updata Partners, ORIX Venture Finance and Comerica Bank
Date:10/31/2007

s in operational efficiency and effectiveness. For more information visit http://www.harmonyis.com.

About JMI Equity

JMI Equity, based in Baltimore and San Diego, is a private equity firm exclusively focused on investments in growing software and business services companies at all stages of their lifecycles. Founded in 1992, JMI has invested in more than 85 companies throughout North America and has approximately $1.3 billion of committed capital under management. JMI provides the first institutional capital to self-funded companies, partners with management teams to acquire or recapitalize market leading companies and selectively makes investments in early-stage companies. Representative investments include Blackbaud, DoubleClick, Harmony Information Systems, Kronos and Unica. For more information on JMI, visit http://www.jmiequity.com.

About Updata Partners

Based in Reston, Virginia and Edison, New Jersey, Updata Partners is a leading venture capital firm that invests in growth stage information technology companies with innovative intellectual property enabling market- leading products and services. Led by an investment team averaging more than 20 years of operational and private equity experience in the technology industry, Updata Partners seek investments where the combination of financial backing and operating expertise will accelerate growth. With over $400 million under management, the firm also selectively provides recapitalization and management buyout financing. For more information, visit http://www.updatapartners.com.

About ORIX Venture Finance LLC

ORIX Venture Finance (OVF) provides enterprise financing to mid- and late- stage venture-capital-backed companies via acquisition financing, expansion capital and working capital term loans and credit lines, and
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SOURCE Harmony Information Systems, Inc.
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