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November 1, 2001

Venture Capital Journal

Funds Editorial Staff

Paul Holland, former senior vice president of worldwide sales at Palo Alto, Calif.-based eCRM provider KANA Communications Inc., joined early-stage investor Foundation Capital as a venture partner. With a new $595 million investment fund to work with, Holland will not only source and manage deals for Foundation Capital, but also have the opportunity to co-invest in any new deals alongside the firm's seven general partners.

Holland is to join the firm's enterprise software team, an effort that has been led by general partners Kathryn Gould, Paul Koontz and Mike Schuh. The firm's enterprise applications portfolio includes stakes in eCRM providers Chordiant Software and Onyx Software as well as PacificEdge Software, a maker of project portfolio management software. Prior to joining Kana, Holland was vice president and general manager at software configuration management firm Pure-Atria Corp., which was acquired by Cupertino, Calif.-based software developer of Rational Software Inc. in 1996.

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