Solid secures $14m in B round investment to solidify leadership position in autonomic data management; International investors CapMan and Apax Partners co-lead investment round.

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M2 PRESSWIRE-22 April 2004-Solid Information Technology Corp: Solid secures $14m in B round investment to solidify leadership position in autonomic data management; International investors CapMan and Apax Partners co-lead investment round(C)1994-2004 M2 COMMUNICATIONS LTD RDATE:04212004 Mountain View, California -- PRN -- Solid Information Technology Corp., the leading provider of an Autonomic Data Management Platform, today announced that it has secured an additional US$14M (11.7M Euros) in series B investment financing.

The round was co-led by funds managed/advised by CapMan, a Nordic private equity investor, and Apax Partners, one of the world`s largest private equity firms. Solid`s compelling and unique vision, strong product and technology, seasoned...