meVC Draper Fisher Jurvetson Fund I Leads ProcessClaims’ 4.0 million C Round

June 22, 2001

Redondo Beach, Calif.-based ProcessClaims announced the closing of their latest round of financing led by meVC Draper Fisher Jurvetson Fund I.

Big Sky Partners, who led the previous round, is again participating in the current round of financing. meVC Draper Fisher Jurvetson Fund I is a publicly traded information technology venture capital fund providing individual investors access to venture capital investments.

The transaction was facilitated by Rutberg & Company, LLC. and E&Y Capital Advisors Inc.

meVC Draper Fisher Jurvetson Fund I, Inc., an information technology venture capital fund, was formed through a collaborative effort between meVC, a Delaware corporation, and Draper Fisher Jurvetson, a leading venture capital firm. The Fund’s investment objective is long-term capital appreciation from venture capital investments in information technology companies, primarily in the Internet, e-commerce, telecommunications, networking, software and information services industries.

ProcessClaims is the internet-based bridge linking the insurance and collision repair industries and their trading partners.

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