Business Services - 2d Quarter, 1999
| Name |
City |
State |
Amount |
Financing |
Description |
Investors |
| adDIRECT.com |
Belmont |
MA |
$2,000,000 |
Follow-on |
Secure, reliable, confirmed delivery of newspaper display ads via the Internet |
Flavin, Blake & Co., and others |
| CCBN.com |
Boston |
MA |
$5,850,000 |
Fourth & Beyond |
Web-based investor relation services. |
Chase Capital Partners, Psilos, Trident |
| NewRiver Investor Communications Inc. |
Andover |
MA |
$12,500,000 |
Fourth & Beyond |
Web-based e-business solutions provider for the investment and insurance industries. |
Corning Technology Ventures, Graystone Ventures, Lazard Technology Partners, MF Private Capital, Pequot Capital Management |
| Raging Bull Inc. |
Andover |
MA |
$20,000,000 |
Second |
On-line investment resources and community. |
CMG @ Ventures, CNet |
| Residential Delivery Services |
Milford |
MA |
$6,800,000 |
Second |
In-home delivery services for products that exceed the service capabilities of traditional small package delivery companies. |
Internet Capital, Kestrel Venture Management, UPS Strategic Enterprise Fund |
| Shuttle America Corporation |
Windsor Locks |
CT |
$950,000 |
Second |
Airline shuttle service. |
Allegra Partners, and others |
| TrainingNet Inc. |
Bedford |
MA |
$10,000,000 |
First |
Comprehensive e-commerce marketplace for all forms and brands of skills training and professional development. |
Bessemer Venture Partners, Blue Rock Capital, Charles River Ventures |
| |
|
|
$58,100,000 |
|
|
0 |
|
Venture capital recipients in New England, by industry, canvassed as part of
the second-quarter 1999 Boston Globe/PricewaterhouseCoopers Money Tree Survey
|
|
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