West Palm Beach, FL, August 2010–The Comvest Group (“Comvest”) announced that Ravi Ganesan has joined the Firm as an Operating Partner

Mr. Ganesan is an information technology entrepreneur and business executive with over twenty years of progressive leadership experience. He began his career in information technology at Verizon where he eventually served as Vice President of Distributed Operations leading a team of over five hundred IT professionals in managing complex mission critical systems. He then served as Vice Chair and Chief Technology Officer at CheckFree Corporation where he was part of the leadership team that led the Company through a period of explosive, profitable, growth. He then struck out as an entrepreneur and founded TriCipher a start up in the security technology space. He raised three rounds of venture financing and led it as CEO until 2006, when the Company accomplished record revenues and was positioned as one of the leading providers of security technology to the financial services industry. Ravi continues to be actively interested in the next generation of trust technologies for cloud computing and holds his intellectual property in these areas in SafeMashups Inc, and Hawk and Seal LLC. Ravi holds a Ph.D. from The Johns Hopkins University, an M.S. from the University of Maryland Baltimore County and a B.E. from Anna University. He is also a successful innovator with over twenty issued and fifty pending patents.

Comvest’s Managing Partner Pete Kight said, “Ravi’s proven operational and technical expertise, including being considered one of the leading experts in security and authentication, will greatly benefit Comvest.”

About Comvest
The Comvest Group is a leading private investment firm focused on providing debt and equity solutions to middle-market companies with enterprise values of less than $350 million. Since 1988, Comvest has invested more than $2 billion of capital in over 200 public and private companies worldwide. Through its extensive financial resources and broad network of industry experts, Comvest is able to offer its companies total financial sponsorship, critical strategic support and business development assistance.