dcsimg
RealTime IT News

VC Buzz - $84.5 million in today's deals

For the latest on cool Internet Start-Ups and their VC backers, point your browser to: http://www.internetVCwatch.com/

 

New in the News

OneSoft Corp., Astral Point Communications, Uniscape, Reflective Technologies, MarketFirst, Captivate Network, EXP.com, Hire.com, LoopNet, Delphi Forums, KOZ.com, SupplierMarket.com, Direct Stock Market, Ambrosia, Yupi.com, Epinions.com, Blueline Online, Tropian, Internet Ventures, PayMyBills.com, CarsDirect.com, e-assist.net

 




OneSoft Secures Additional $32 Million in Venture Financing

MCLEAN, Va.-- OneSoft Corp., a provider of Internet commerce software and vertical market solutions, announced that it has secured an additional $32 million in venture financing, bringing the total amount of venture capital the company has raised to approximately $47 million.

OneSoft's third round of financing was led by QuestMark Partners, a late-stage private equity fund based in Baltimore. Other significant investments were made by General Electric Pension Trust, Riggs Capital Partners, two Deutsche Bank-managed funds, and existing investors SGC Partners and Rader Reinfrank & Co. Participants in OneSoft's second round of financing included Societe General Capital Corporation and Rader Reinfrank & Co. Participants in the company's first round of financing included Blue Water Capital and Societe General Capital Corporation. The private placement was managed by Deutsche Bank Alex. Brown.

http://www.onesoft.com