Netscape Invests in USA.NET
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USA.NET co-developed the underlying architecture for Netscape WebMail, the free e-mail service available via the Netscape Netcenter portal site. The company also owns the NET@DDRESS electronic message service, and produced the AmExMail e-mail service for American Express.
In addition, USA.NET counts the PostOffice.Net commercial e-mail outsourcing solution among its products.
Earlier investors in the company include ABS Ventures, American Express Company, Philadelphia Ventures and Atlanta-based Premiere Technologies, Inc. BT Alex. Brown acted as placement agent for this round.