Trampoline Systems Receives GBP3 Million Funding



    Deal Marks Europe's First Major "Enterprise 2.0" Investment

    LONDON, United Kingdom, March 15 /CNW/ - Trampoline Systems, a
London-based enterprise software start-up, has today announced the closing of
a GBP3 million financing round from entities affiliated with the Tudor
Group(1). Trampoline is the first European "Enterprise 2.0" software developer
to receive major investor backing. The investment enables Trampoline to
increase sales operations, intensify R&D and establish a strategic presence in
North America. Trampoline brings a fresh approach to information management
with technology that harnesses social behaviour in the enterprise. The deal
provides further evidence that a new generation of enterprise software, dubbed
"Enterprise 2.0," is gaining traction with established organisations.
    Charles Armstrong, Trampoline's CEO, commented, "We're privileged to be
working with an investor of Tudor's stature. Their investment gives Trampoline
the opportunity to build on its initial foundations and take its place as a
force in enterprise software. It's been an amazing experience coming from
research on a remote island to being a successful tech start-up. The next
stage of Trampoline's journey is going to be even more exciting."
    Trampoline is the brainchild of ethnographer turned technology
entrepreneur Charles Armstrong. Mentored by sociologist Lord Young of
Dartington, Charles undertook twelve months of field research in the Isles of
Scilly studying the underlying social behaviours involved in information
management. He found that today's business software works against the methods
humans have evolved to distribute information. Trampoline's award-winning
SONAR platform was created in response, supporting human instincts instead of
disabling them.

    Notes to Editors

    
    (1)  The Tudor Group, which consists of Tudor Investment Corporation and
         its affiliates, is involved in active trading and investing in the
         global equity, debt, currency and commodity markets.
    

    About Trampoline Systems

    Trampoline Systems is an enterprise software developer based in London,
UK. Trampoline's products harness social behaviour throughout the organisation
to pinpoint expertise, leverage relationships and relay knowledge where it's
needed. Its client list includes Raytheon Company, the UK Foreign Office and
Channel 4 Television. Trampoline Systems received Oracle's UK Partner
Innovation Award 2006 and the UK Government recognised Trampoline's pioneering
technology with a Research Award in 2004. For more information on Trampoline
please visit www.trampolinesystems.com.





For further information:

For further information: about Trampoline or to schedule an interview
with Charles Armstrong, please contact Rebecca Kemp on +44(0)20-7253-6959 or
rebecca.kemp@trampolinesystems.com

Organization Profile

TRAMPOLINE SYSTEMS LTD

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