Briefs

Sightward Secures $5.8 Million - Funding Validates Predictive Analytics Market

Northwest Venture Associates lead investor in second round funding

Bellevue, WA, January 18, 2002 - Sightward, a predictive analytics technology company, today announced that it has closed $5.8 million in a second round of venture financing, led by Northwest Venture Associates. Fluke Venture Partners, Timberline Ventures, eFund International and the Matthew G. Norton Company also contributed to the round. The company has raised $10.75 million in venture capital since its founding in February, 1999. This funding will enable Sightward to expand distribution of its software and services to large enterprises by continuing to build its channel of OEM and VAR partners, and growing its sales and business development teams. Additionally, Sightward will strengthen its executive management group, focusing on business development and finance.

For additional information, visit www.sightward.com