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American Enterprise.com, Bowstreet, Cambridge Incubator, Dialnet Communications, Entera, everdream, EyeCast.com, Global Electronic Exchange, ImaginOn, OpenTable.com, Planet Alumni, PrivacyBank.com, Shop4Cash.com, SITI-Sites.com, Telenisus, Valto Systems, VillageWorld.com, WishConnect

 




Entera Secures Additional $18 Million in Financing

FREMONT, Calif. -- Entera Inc., a developer of standards-based content delivery technology, received $18 million of additional venture funding from Spectrum Equity Investors, ComVentures, and Crescendo Ventures. Entera has now raised more than $26 million, which includes the company's first round of funding in March 1999. Spectrum Equity Investors led the recent round of capital investment while ComVentures and Crescendo Ventures increased their original stakes in the company.

http://www.entera.com

http://www.spectrumequity.com

http://www.comven.com

http://www.crescendoventures.com




everdream Caps Second Round Funding at $15.5 Million

MOUNTAIN VIEW, Calif. -- everdream, a provider of small business subscription computing, closed $15.5 million in venture investment. The second round of funding was led by Canaan Partners. Canaan was joined by Draper Fisher Jurvetson (the lead investor in everdream's first round, closed in June 1999), Ricoh Silicon Valley, Portage Ventures and others, including former IBM president Jack Kuehler. John Balen of Canaan Partners will join Steve Jurvetson and Andreas Stavropoulos of Draper Fisher Jurvetson on the board of directors, along with CEO Gary Griffiths and CTO/founder Russell Rive. everdream pioneered the market for subscription computing where, for one low monthly fee, small business owners receive a high-end computer, Internet access, fully supported business applications and 24/7 customer service.

http://www.everdream.com




OpenTable.com Secures $10 Million in Financing

SAN FRANCISCO-- OpenTable.com, an online restaurant reservation network, received a $10 million investment led by Impact Venture Partners and Benchmark Capital. OpenTable.com's real-time reservation system links diners to open tables at fine dining establishments in major cities around the country.

http://www.opentable.com

http://www.impactvp.com

http://www.benchmark.com




Global Electronic Exchange Completes Second Round of Financing

NEW YORK -- Laidlaw Global Corp. (OTCBB: LAIG) announced that its subsidiary, Global Electronic Exchange Inc., completed the second round of private placement financing of $6.188 million. GEE is the parent company of Globeshare, a 24/7 online trading platform which will launch global trading operations later this month.

http://www.laidlawglobal.com




ImaginOn Completes $5-Million Placement

SAN CARLOS, Calif. -- ImaginOn Inc. (NASDAQ: IMON), an Internet television company, completed a $5-million private placement of its restricted (Rule 144) common stock. The lead investor was The Tail Wind Fund Ltd. Proceeds from the placement offering will be used primarily to fund the marketing of ImaginOn's ImOn.comTV product, which will make its broadcast market debut in April at the National Association of Broadcasters Convention in Las Vegas. ImOn.comTV enables any website to provide suitably connected Web users Internet television featuring viewer-directed branching video fully integrated with Web research.

http://www.imaginon.com




Jostens Invests in Planet Alumni

OVERLAND PARK, Kan., and MINNEAPOLIS-- Jostens Inc. (NYSE:JOS) has invested $2.5 million to obtain a minority equity position in privately held Planet Alumni Inc. Jostens has the option to increase the investment to a total of $4 million by April 2000. Planet Alumni created and owns planetalumni.com, a free, registry-based site that helps former classmates and alumni stay in touch. Jostens' products include yearbooks, class rings, graduation products, school photography, employee and achievement awards, and jewelry for fans and athletes.

http://www.planetalumni.com




American Enterprise.com Closes $2 Million Financing

TAMPA, Fla.-- American Enterprise.com, a provider of healthcare capital, marketing, technology, services and products through its principal subsidiaries, Care1.com and VitalTrust.com, entered into a final agreement with Alpine Venture Capital for a capital investment of $2 million in exchange for a 5-year convertible debenture. The company also signed a $6 million stock purchase agreement and related marketing agreement with Unibased Systems Architecture Inc. In addition, American Enterprise.com entered into definitive agreements with both Emerald Capital Partners Inc. and Alpine Venture Capital Partners LP regarding a $3 million convertible bridge loan and $15 million debt refinancing for all its subsidiaries. Specific terms of the transactions were not disclosed.

http://www.americanenterprise.com




New Horizons Invests $2 Million in 'NetVideo' Innovator

WASHINGTON -- New Horizons Venture Capital invested $2 million in interactive 'NetVideo' solutions provider EyeCast.com Inc., to fuel the rapid deployment of the company's patent-pending, Internet-based remote video control, monitoring, storage, and retrieval system. EyeCast.com developed and commercialized technology that allows live video access to sites anywhere in the world, remote tilt-pan-zoom camera control, digital off-site storage of virtually unlimited number of hours of video, and retrieval of archived video, all delivered over the web.

http://www.eyecast.com

http://www.newhorizonsvc.com




VillageWorld.com Raises Capital

BOHEMIA, N.Y.-- VillageWorld.com (OTCBB: VILN), the parent company of VillageNet Inc., a community-oriented Internet Service Provider, completed a private placement of 15,800 shares of Class C 6% Cumulative Convertible Preferred Stock. The company received gross proceeds of $1,580,000 from the sale, including $600,000 from cancellation of notes owed by the company. The company expects to raise approximately $250,000 more from sales of its Class C Preferred shares.

http://www.villagenet.com




Internet Fact of the Day

Revenues of U.S.-based Web hosting companies are expected to grow by almost $1 billion in 1999 alone, bringing them to over $1.8 billion, according to International Data Corp. The U.S. Web hosting market will increase by a factor of 10 through 2003, when it will total $18.9 billion, said IDC.




InfoSpace.com Acquires PrivacyBank.com