Argus Information & Advisory Services closed a significant investment led by Oak Investment Partners
By ajay at December 21, 2007 | 11:09 pm | Print
What Company Is Offering:
Argus Information & Advisory Services, LLC provides information, scoring solutions and advisory services to financial institutions. Argus clients include the largest credit card issuers and largest consumer financial services providers. Argus products and services assist financial institutions in making marketing and risk management decisions. Argus helps these institutions manage the tradeoffs among price, product, risk and customer behavior along the customer lifecycle to increase profitability.
How Much They Got From VCs :
Argus Information & Advisory Services announced that it closed a significant investment led by Oak Investment Partners, a leading growth equity firm with a 30-year history of investing in high growth industry innovators. The investment will be used to expand Argus’ product offering, develop its international presence, enhance its technology platform, and expand its workforce to support its growing client base.
About VCs:
Oak Investment Partners is a multi-stage venture capital firm with a total of $8.4 billion in committed capital. The primary investment focus is on high growth opportunities in communications, information technology, financial services information technology, Internet new media, healthcare services, and consumer retail. With a 30-year history, Oak has achieved a strong track record as a stage-independent investor funding more than 450 companies at key points in their lifecycle. Oak has been involved in the formation of companies, funded spinouts of operating divisions and technology assets, and provided growth equity to mid- and late-stage private businesses and to public companies through PIPE investments. Oak has helped innovators exploit new business opportunities and anticipate trends through long-term relationships that endure the changing economic landscape.
www.oakvc.com
More at:www.argusinformation.com
