net.Genesis Secures $7 Million In Second-Round of Financing
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Cambridge, MA-based net.Genesis Corp. a provider of enterprise Web site analysis solutions, said it completed a second round of financing of approximately $7 million.
The company said the new funding will be used to finance its extensive growth in marketing, sales and product development. net.Genesis also announced that OneLiberty Ventures partner Stephen Ricci will join the company's board of directors.
The company markets version 3.5 of net.Analysis, a Web site analysis solution.
Customers include CBS, Dupont, Sherwin Williams and 3Com in the U.S.; Siemens and Sun Microsystems in Germany; Barclay's Bank, BBC News Online and PA Newsmedia in the UK; and in Australia, Fairfax Publishing, Sony Music and the Australian Stock Exchange.
"Online business managers are using net.Analysis to improve bottom line results," said Ted Dintersmith, net.Genesis director and a general partner at Charles River Ventures. "Large organizations such as E*Trade, Bear Stearns, Pfizer and Bell Atlantic are successfully using net.Analysis to understand their online customers as well as to identify cost saving opportunities in online service and support."