MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, March 30, 2000 How to Marry a Millionaire Business Logic, the Chicago-based tech firm which provides back office Web and software support for 401(k) vendors, has received $26.8 million in a first round of funding.
Further, Business Logic will also become a developmental partner of efinanceworks, a firm that focuses on accelerating e-finance business. efinanceworks is a joint venture of General Atlantic Partners and Capital Z Partners. "Business Logic has a unique suite of application services for the financial services community," stated Stuart Katz, principal of the investment area at Goldman, Sachs. "Business Logic has successfully developed and deployed solutions that enable financial institutions to take full advantage of the Internet and to help their customers' access and control their financial data." Business Logic provides Internet and services in the 401(k), mutual fund, and options arenas. Printed from: MFWire.com/story.asp?s=25398 Copyright 2000, InvestmentWires, Inc. All Rights Reserved |
