OCA Ventures II Raises $50.1 Million for Technology Investments - Chicago

CHICAGO, IL--(Marketwire - November 10, 2008) - OCA Ventures LLC, a leading early stage technology venture capital firm, announced effective September 30, 2008, the final close of its second partnership (OCA Ventures II), raising $50.1 million of total capital commitments. OCA Ventures II will continue its focus on investments in companies with dramatic growth potential, primarily in core technology platforms and technology enabled business and consumer services companies, with emphasis on financial services and for-profit education sectors. OCA Ventures also announced the promotion of Eddie Lou to general partner and the hiring of Joseph Dwyer as a senior associate.

OCA Ventures II was launched with the continued support of its anchor limited partner, the O'Connor Partners Investment Office, and is pleased to have received the additional support of multiple institutional investors such as the state of Illinois' Technology Development Fund, the Iowa Capital Investment Corporation (ICIC), a national insurance company, several fund of funds, prominent family offices and individual investors.

"It is an honor to be able to invest capital on behalf of so many talented institutional and prominent individual investors, that share a common goal to fund next generation technology entrepreneurs. OCA Ventures' role is to support world class entrepreneurs in the pursuit of revolutionary commercial enterprises, and we are grateful to have more than doubled our assets under management during tumultuous market conditions," commented James Dugan, OCA Ventures' CEO and Managing Partner.

About OCA Ventures

OCA Ventures is a leading venture capital firm focused on investments in companies with dramatic growth potential, primarily in core technology platforms and technology enabled business and consumer services companies, with emphasis on financial services and for-profit education sectors. OCA Ventures manages in excess of $90 million of capital commitments and has invested in 26 companies since it began investing in 1999.

OCA Ventures partners with proven entrepreneurs to build market-leading companies. OCA Ventures complements management teams with a wide range of strategic, human and financial resources. For more information, please visit www.ocaventures.com.

Contact Information: For all inquiries please contact: OCA Ventures 141 West Jackson Boulevard 39th floor Chicago, IL 60604 phone 312 542 8954 fax 312 542 8952 ocaventures.com