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Jeremy Levine

Funds Parallels

15 Jun, 2005

Levine leads Bessemer’s investment in SWSoft, the virtualization and cloud software provider’s parent company. The funding round is reported to add $12.4 million to the company from Bessemer, Intel Capital, and Insight Venture Partners. Levine:

We are impressed by the resurgent hosting market’s rapid growth, which is reminiscent of the environment in this sector several years ago when we made investments in Verisign, and Verio