New York
Went public 8/3/2000 at $12 per share
Filing Range: 5 mil. shares @ $11 to $13
Shares Outstanding: 37.4 mil. shares
Book Manager: Credit Suisse First Boston/Deutsche Banc. Alex
Brown/Thomas Weisel Partners LLC
Company Counsel: Skadden, Arps, Slate, Meagher & Flom
Manager Counsel: Cravath, Swaine & Moore
Auditor: Deloitte & Touche LLP
The Company:
Provides custom-filtered, real-time content to special interest and vertical Web sites. The company aggregates content from a wide array of both traditional and new media publishers and delivers it to hundreds of Web sites every day. Using proprietary harvesting and filtering technology, the company streams more than five million pieces of content monthly to portals and vertical-market and corporate Web sites.
Venture Backers:
J&W Seligman & Co.
Riverside Co.
Essex Investment Management
Winfield Capital Corp.
General Electric Pension Trust
Van Wagoner Capital Management
Trident Capital
Financing Rounds:
Number of Round Amt.
Round # Round Date Stage Investors ($ thousands)
1 03/01/1999 1 Early Stage 5500.0
2 10/15/1999 6 Expansion 30000.0
Financials:
(Data in $ millions)
Y/E
12/31/99
Total Revenues: $3.0
Net Income: -13.2