NEWS

Keep up to date with the latest news from our portfolio COMPANIES.

Kennet Venture Partners portfolio company Fluency, the leading provider of speech recognition applications, acquired SRC Telecom to add hosted speech services to its offering

Fluency Voice Technology Ltd ("Fluency"), the UK-based provider of speech recognition applications has acquired SRC Telecom ("SRC"), the hosted speech application services provider from Voice Recognition Holdings.

Kennet exits Ubizen with significant gain in less than five months

Kennet Venture Partners ("Kennet"), an international venture capital firm, today disclosed that its funds sold their stake in Ubizen, the Belgium based provider of Managed Security Solutions for global businesses, to Betrusted, a global provider of security and trust services. Kennet's investment in Ubizen was held within Ubidco, a vehicle established to acquire a stake in Ubizen.

Kennet Venture Partners Ltd and Favonius Ventures invest £6 million in Fluency Voice Technology Ltd

Two European technology venture capital firms, Favonius Ventures ("Favonius") and Kennet Venture Partners Ltd ("Kennet") have joined forces to invest £6m ($11m) in Fluency Voice Technology Ltd ("Fluency")

Kennet Venture Partners hires new Finance Director

Kennet Venture Partners Limited, ("Kennet"), the European technology venture capital firm, announces today that it has appointed Manish Mittal as Finance Director.

Kennet Venture Partners invests £3 million in contact centre software company

Venture capital firm, Kennet Venture Partners Limited, has completed its first round of funding of £3 million in Exony Limited, a UK-based software company that designs integration and reporting products for use in complex contact centres.

Kennet-backed company Monis Software, acquired by SunGard

Monis Software, a financial analytics software business backed by Kennet Venture Partners, has been acquired by SunGard Trading and Risk Systems, an operating group of SunGard (NYSE:SDS). Kennet invested $2.7m in Monis in 1998 and was the company's primary financial backer.
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