InfoBasis secures second round funding from Oxford Capital Partners
InfoBasis | London, UK

14-Oct-2005 » Training Press Releases » London, UK (14th October, 2005) - Skills management experts InfoBasis today announced the completion of a second round of venture capital funding from high-tech investment firm Oxford Capital Partners.

InfoBasis will use the investment to expand internationally, initially into the USA, where the software house will open an office to service increasing demand for its skills management technology. The company's platform, InfoBasis Enterprise Skills Infrastructure™, is already used by Microsoft. Other US corporations have shown interest in the technology, which enables organisations to understand, develop and deploy the skills of their personnel.

This second round of funding comes on the back of a first tranche, also from Oxford Capital Partners, in August 2004. "We have been delighted with the growth shown by InfoBasis since our first investment," said Oxford Capital Partners Investment Director David Mott. "InfoBasis has more than doubled its workforce while remaining profitable, has increased revenue per employee, and won significant new business." The company has experienced substantial growth since its foundation in 2001, with revenue doubling year-on-year for the past two years.

"Internationally, public and private organisations are facing pressure to understand and develop the skills of their personnel," added David Mott. "The benefit of InfoBasis' software is that it enables senior executives to incorporate Human Capital Management in their strategic and operational decision making. InfoBasis' software can bring substantial benefits to any organisation with more than 50 people. On both sides of the Atlantic there is a burgeoning market for skills management software, and InfoBasis is in a leading position to capitalise on this growth." Oxford Capital Partners was recently nominated for the Investors Allstars 2005 Venture Capital Fund of the year.

InfoBasis CEO Ashley Wheaton said: "This second round of funding reflects the success of InfoBasis to date, and Oxford Capital Partners is committed to accelerating the international adoption of our software. David Mott has been an invaluable asset as a director over the past 12 months, and we look forward to working together as we continue to grow."

About Oxford Capital Partners
Oxford Capital Partners is a specialist science and technology venture capital firm with successful track record of investing in and supporting high technology businesses. Based in Oxford, the company specialises in identifying exceptional companies with high growth potential and supporting them through to IPO or trade sale.

Press contact:
David Mott
Oxford Capital Partners
Tel: +44 (0)1865 860 760
Email: dmott@oxcp.com
Web: www.oxcp.com

About InfoBasis
InfoBasis is the leading provider of capability management solutions. The InfoBasis Enterprise Skills Infrastructure™ (InfoBasis ESI) platform enables effective capability management, from strategic workforce asset planning and resource deployment to learning delivery. Used by Microsoft, BAE Systems and the NHS as the platform for their Human Capital Management (HCM) services, InfoBasis software is uniquely configurable.

With skills management underpinning and linking each of ten core processes, InfoBasis Total Capability Management™ (InfoBasis TCM) enables employers to make intelligent, informed decisions about the right combination of strategies, based explicitly on their desired business outcome. InfoBasis TCM is specifically designed to address the entire spectrum of the Employee Lifecycle and will help organisations to undergo a new dimension of business evolution.

Effective Total Capability Management benefits include: identification of key talent; improved retention and performance; structured career paths and programs; streamlined recruitment processes; targeted training plans. Together, the benefits of InfoBasis TCM ensure a fitter, agile, and more competent enterprise.

Find out more about Total Capability Management at www.infobasis.com.

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	For further information about this story, please contact:
	Contact name:   Donald H Taylor Contact e-mail:   donaldt@infobasis.com   Contact telephone:   +44 (0)1235 540 140 Web site:   http://www.infobasis.com Contact name:   Tom Sandman Contact e-mail:   toms@infobasis.com   Contact telephone:   +44 (0) 1235 540 140 Web site:   http://www.infobasis.com Contact name:   Susan Willmoth Contact e-mail:   susanw@infobasis.com   Contact telephone:   +44 (0)1235 540 140 Web site:   http://www.infobasis.com
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