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noHold
Closes Bridge Financing with $4 Million from Leading International
Investors.
Milpitas, CA—February 26,
2001--noHold,Inc., a privately-held developer of interactive
knowledge portals for corporate information, today announced
the company has successfully completed a $4 million bridge
financing. Participating in the round were Celtic House
International, a venture capital firm based in Canada,
and MyQube, an international early stage venture capital
firm.
"Our unique technology allows us to provide the best service available in
the market to our customers and in turn to their customers," said Diego
Ventura, founder and CEO of noHold.
"With the support of Celtic House International and MyQube, we’re
eager to continue delivering unparalleled services and solutions."
MyQube partner, Enzo Torresi, said, "one of
the many reasons we support noHold is the multiple
language capability. This solution matches European
requirements perfectly, and Europe represents a major
area of expansion for the company."
With a growing customer base, noHold is emerging
as a leader in Web-based customer support solutions.
The noHold Knowledge Platform provides a natural
language interface that offers the user menu-driven,
chat, and search options. The noHold solution carries
on an interactive conversation with the user to determine
the user’s problem and provide an accurate
solution.
noHold uses its patent pending technologies called
DynamicDialog™ and DynamicLink™ to
implement solutions that have been designed to surpass competitor products in
quality, cost, and scalability. noHold's Knowledge Platform improves end-user
experience and customer satisfaction while reducing cost within information-rich
organizations.
"noHold's state-of-the-art knowledge platform will revolutionize the way
companies provide technical assistance and sales and corporate information to
their employees and customers, " said Michele Dundas Macpherson, General
Partner, Celtic House. "We're excited to be working with noHold and look
forward to seeing great results out of this company."
About noHold, Inc.
noHold is a leader in developing interactive knowledge portals that provide clients
with a single-point of access to corporate information sources. noHold’s
artificial intelligence enables users to navigate and ask questions through a
natural language interface. noHold’s unique DynamicDialog™ technology
stimulates live, intelligent conversation to generate the most accurate answers,
best solutions and a gratifying user experience. This essential solution enables
customer service, technical support, human resources, sales and other information-rich
organizations to build profitable and labor-efficient relationships with their
employees, customers, prospects and suppliers. Located in Silicon Valley, noHold’s
clients include Cisco Systems, Logitech, and Aspect Communications.
About MyQube
My Qube is an early stage venture capital firm that manages the EuroQube Fund
promoted by Pirelli. Other investors are Benetton, Mediobanca, Merrill Lynch
and Banca Intesa. MyQube has offices in Brussels, Geneva, Helsinki, Milan, Munich
and Palo Alto. Since March 2000, the company has invested in fourteen high-technology
companies.
About Celtic House International
Celtic House is Canada's leading venture capital firm with offices in Canada,
U.K., and U.S. The company has US$1 billion under management in over 50 companies.
Established by Terry Matthews, founder of Mitel and Newbridge Networks, Celtic
House invests in early stage high technology companies that specialize in telecommunications,
storage, networking and Internet infrastructure. For more information, please
visit www.celtic-house.com.
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