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RealTime IT News

Money Briefs

Portland-based Chrome Data, which provides data and software to the automotive industry for selling cars online, recently raised $21.9 million in its second round of funding.

Wells Fargo Small Business Investment and Advance Publications led the round. Other participating investors in this round included FBR CoMotion Venture Capital and Net Market Partners.

Mercer Island-based Returns Online Inc. has secured $9 Million in First-Round Funding from Olympic Venture Partners and RRE Ventures

As regard financial results, Seattle-based FreeShop.com, a direct marketing network, recently reported revenues of $5.9 million for the quarter ended June 30, 2000. This is an increase of 321% over revenues for the comparable period in 1999.

On the Pier 70 front, Go2Net announced financial results for the fiscal quarter ended June 30, 2000 of $23,015,093, representing an increase of 302% from the comparable quarter for the previous fiscal year.



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