CORRECTING and REPLACING Core Capital Partners Leads $6 Million Round for RollStream

WASHINGTON--(BUSINESS WIRE)--Please replace the release with the following corrected version due to multiple revisions.

The corrected release reads:

CORE CAPITAL PARTNERS LEADS $6 MILLION ROUND FOR ROLLSTREAM

Funding to Bolster Company’s Portfolio of Enterprise Collaboration Software Solutions

Core Capital Partners, a leading venture capital firm that invests in high-growth technology companies, today announced that it led a $6 million Series B round of funding for RollStream, a premier provider of enterprise collaboration software solutions. This latest round of funding will be used to expand sales and marketing efforts and to bolster RollStream’s portfolio of tools for contact management, communications, document sharing, and feedback management.

Fairfax, Va.-based RollStream optimizes trading partner communities through collaboration solutions targeted at person to person interaction. By speeding collaboration and communication amongst manufacturers, suppliers, distributors and customers, the company’s hosted software solution enables businesses to reduce the cost to manage their extended supply chains. RollStream customers use the solution to centralize trading partner contact and credential information; to manage partner registration, on-boarding and maintenance; to streamline one-to-many and one-to-one performance or compliance initiatives; and to gather feedback critical to strategic decision making.

“With G2000 companies facing mounting financial, regulatory, and competitive pressures, there is an increasing demand for solutions that allow effective collaboration between customers, manufacturers, suppliers, and distributors,” said Will Dunbar, managing director of Core Capital Partners, who will also serve on RollStream’s board of directors. “As an early leader in the growing enterprise collaboration market, RollStream’s innovative software solutions are meeting this demand by providing cost-effective technologies that manage enterprise correspondence, are sensitive to organizational structure and increase the profitability of their business relationships.”

“Our partnership with Core Capital Partners will extend RollStream’s competitive edge in the collaboration software space,” added Kristin Muhlner, CEO of RollStream. “The business-to-business software market offers few solutions that strengthen business relationships through a focus on person-to-person interactions. We see our extended relationship with Core Capital Partners as a joint commitment to enriching the enterprise software industry.”

RollStream already has over 20,000 registered trading partners and 50,000 human contacts distributed across multiple vertical industries. The funding will be used to accelerate the development of innovative solutions and to power RollStream’s continued growth throughout North America.

About Core Capital

Core Capital is a venture capital firm headquartered in Washington, DC. The firm currently manages $350 million and provides capital to high-growth technology companies. Core Capital focuses on the kinds of disruptive, “core” technologies that enable or enhance data and communication, financing emerging opportunities in wireless, security, video, internet media, and software. To date, the firm has backed over 40 companies, with successful investments in a wide range of information technologies and business services. To learn more, please visit our website, www.core-capital.com.

About RollStream™, Inc.

RollStream is the leader in enterprise collaboration for trading partner communities. RollStream delivers an online solution for accelerating interactions across the global supply chain. Industry leaders like McKesson Medical-Surgical, Owens & Minor and Tesco use RollStream to significantly reduce the cost and time required to onboard partners, communicate operational changes, and rollout sales and marketing initiatives. To learn more, visit www.rollstream.com.