Rittenhouse Portfolio Company: OSG Billing Services Acquires Miria Systems

OSG Billing Services (OSG), a leading provider of omnichannel billing and payment solutions, customer engagement and critical customer communication management, today announced that it has completed the acquisition of Miria Systems, Inc. (Miria), a leading provider of intelligent business process automation specializing in accounts payable, tax and expense management, headquartered in Norristown, PA. Miria will continue to be led by President Marty Michael and will operate as a subsidiary of OSG.

“Miria’s innovative solutions align perfectly with OSG’s technology integration strategy,” states Scott W. Bernstein, OSG’s Chairman and CEO. “Their cloud-based, intelligent business automation is an ideal complement to OSG’s existing integrated payment and B2B offerings and OSG’s recent acquisition of Paybox. We are happy to have the Miria team join the OSG family and to further strengthen our position as a partner of choice for technology-driven, transactional and customer communications solutions.”

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Prosperoware Poised to Accelerate Growth with Investment from Rittenhouse Ventures

Philadelphia, PA – July 19th, 2018 –Prosperoware, a leading enterprise software company delivering innovative technology transforming the business of legal and professional services, announces the closing of a new round of capital. The financing was led by Rittenhouse Ventures, an emerging growth venture fund that invests in innovative business-to-business software companies in the Mid-Atlantic region. The capital raised will be used to expand Prosperoware’s product applications, marketing and sales activities, and geographic footprint.

“Prosperoware offers unique technology tools to maximize value for professional service firms in a market faced with increasing pressure on margins. Given our track record with enterprise software platforms, we are excited to enhance Prosperoware’s market leadership as it delivers and sustains top-tier solutions to the legal and professional services industry,” said Bruce Luehrs, Managing Partner at Rittenhouse Ventures.

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