Article: mindSHIFT Technologies Announces $11 Million In Financing; Columbia Capital and Fidelity Ventures fund IT outsourcing leader.

Business Editors

FAIRFAX, Va.--(BUSINESS WIRE)--Nov. 5, 2003

mindSHIFT Technologies today announced it has received an $11 million combined investment from Fidelity Ventures, the venture capital arm of Fidelity Investments(R), and Columbia Capital. mindSHIFT will use the additional capital for strategic business development, acquisitions and new product initiatives to further establish itself as the leading managed services provider (MSP) to small and medium sized companies.

Adding to the momentum generated by the company's recent appointment of two senior-level executives--Chairman and CEO Paul Chisholm and CFO Larry Ingeneri--mindSHIFT is now ...

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