The investment capped a very successful year for ClariFI, which was founded in 1999. During 2005, ClariFI signed its 30th customer and released v2.1 of ModelStation, its flagship product. Proceeds from the investment will be used to build out ClariFI's sales, marketing and support capabilities, and to accelerate research and development on existing applications and innovative new products and services.

"We are delighted to have secured this investment from TL Ventures," said Brad Winney, ClariFI's President and CEO. "TL is a highly respected and knowledgeable capital partner in the financial technology space. We look forward to benefiting from TL's strategic counsel and their outstanding network of financial services companies. Our relationship with TL has already broadened our view of the strategic opportunities open to ClariFI."

William L. Guttman, Venture Partner at TL Ventures, said, "ClariFI has quickly emerged as the go-to player for large financial institutions and hedge funds looking to leverage the latest technology to improve their investment management performance. We're very excited to be working with Brad, CTO Gioel Molinari and their world-class team as they launch the next phase of growth, building upon the foundation of ModelStation's rapidly expanding footprint in the institutional asset management community. ClariFI is an ideal TL investment, and underscores our commitment to finding and backing the best companies in financial technology."

Guttman and Robert Keith, a founding partner of TL Ventures, have joined the ClariFI Board of Directors in conjunction with the financing.

About TL Ventures

TL Ventures (www.tlventures.com), established in 1988, has more than $1.4 billion under management. Its sixth and most recent fund, TL Ventures V, has $686 million in committed capital. Focused on venture investing in category-defining, early-stage companies in information technology and communications, TL Ventures provides portfolio companies with operational, entrepreneurial and financial expertise and a global network of resources and contacts. TL Ventures has offices in Philadelphia, Austin and Silicon Valley.

About ClariFI, Inc.

ClariFI is a privately held solutions provider to the asset management industry and counts leading financial institutions among its clients, including CSFB, Deutsche Bank, Bear Stearns, Fidelity, and Bank of America Securities. Based in Boca Raton, Florida, ClariFI specializes in securities modeling software and risk management services and has developed the industry leading ModelStation product line. Additional information about ClariFI can be found at http://www.clarifi.com.

Contacts
ClariFI, Boca Raton
Julia Robinson
jrobinson@clarifi.com