VIEWLOCITY RECEIVES $30 MILLION, NAMES NEW CEO

VIEWLOCITY RECEIVES $30 MILLION, NAMES NEW CEO    Viewlocity has closed a $30-million funding round, led by new investor, Liberty Mutual, and existing investors Battery Ventures, BCI Partners, Banc Boston and JP Morgan Capital Partners.
   Viewlocity said it will use the capital to continue expansion of sales, marketing and product development efforts.
   The company has also appointed Jeffrey Simpson as chief executive officer. Simpson was CEO at Dallas-based MH2 Technologies. He has served as executive vice president, e-business, for i2 Technologies, and chairman of Gallery Capital Inc., a venture firm specializing in early stage technology companies. Prior to that, Simpson served at Oracle in several senior executive positions.
   Viewlocity, based in Atlanta, is a global provider of supply chain events management software and services. Their client base includes Ryder, DHL and Lockhead Martin.