Encover - News

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Pete Solvik, former CIO of Cisco and Mark Pine, former CEO of OnDisplay Join the BOD Mountain View, CA, November 20, 2002 - Encover, Inc., an emerging supplier of Service Lifecycle Management software, today announced that it received $6 Million in financing from the venture capital firm Sigma Partners. Having extensive knowledge of the complexities associated with multi-tier distribution channels and how that model impacts the generation of service revenue, Encovers solution immediately attracted the attention of Pete Solvik. They have succeeded in developing a new technology that truly fills a large void in todays world of product-centric CRM and ERP applications," said Pete Solvik, Managing Director, Sigma Partners. Having extensive knowledge of the complexities associated with multi-tier distribution channels and how that model impacts the generation of service revenue, Encovers solution immediately attracted the attention of Pete Solvik. They have succeeded in developing a new technology that truly fills a large void in todays world of product-centric CRM and ERP applications," said Pete Solvik, Managing Director, Sigma Partners.

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