Tuesday, September 26, 2006

Motorola Invests in NextNine for Support Automation

NextNine, a start-up based in Tel Aviv, announced the completion of a round of financing, led by Motorola Ventures. NextNine provides support automation solutions. The company provides end-to-end support automation solutions including Self Support, Proactive Support, Managed Service, Assisted Support, On Demand Managed Service and Partners Support. Financial terms were not disclosed.

Motorola Ventures joins NextNine's current investment group, which includes Ascend Technology Ventures, Infinity Venture Capital Fund, Ofer Hi-Tech, Yuma Venture Capital Group, Morgan Stanley Dean Witter Private Equity, and Redwood Venture Partners.

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