Denise D'Onofrio

Last week, ASP Intelligroup announced that it completed the spin-off of SeraNova Inc., its Internet professional services business. Under terms of the spin-off, Intelligroup shareholders will receive one share of SeraNova stock for every share of Intelligroup owned as of the May 12, 2000 record date. SeraNova will be traded separately on NASDAQ under the […]

Management software and aggregation services provider Systemsfusion secured $9 million in its second round of funding. This round, led by InVenture, Inc. (Switzerland), will serve as a useful boost to help the company keep pace with all the demand from ISPs fro ASP-enabling infrastructure. “The size of this round and the lead taken by InVenture […]

Late last month, UpShot.com announced the arrival of its Extended Service Plan (ESP), an addition to its strategy of services for managing sales. According to Keith Raffel, president and chief executive officer, the new suite of services targets the fast growing and medium to large businesses that can’t wait for a robust CRM solution for […]

B2B workforce management apps provider Managemark, Inc. today introduced a low cost expense management system for small businesses. Quicken ExpensAble Business Edition, priced at $99.95 includes five licenses for Quicken ExpensAble, and a free, 6-month subscription for five users to ExpensAble.com, Managemark’s Internet-based enterprise expense management solution. Managemark, Inc. (previously know as On the Go […]

Yesterday marked the debut of ASP e-RMA Corporation’s set of Web-based return management solutions, designed to lower the cost of processing returns of both online and offline purchases. With the potential to make a lot of sales fulfillment people very happy, the solutions are designed for enterprises, e-commerce service providers and fulfillment houses in the […]

This week, ASP infrastructure Chapter 2 e-services Inc. announced it secured $9.5 million in its first round of funding. According to Ritu Raj, chief executive officer and founder, venture capital firm Convergence Partners acted as lead investor and contributed $5 million to the funding. Other investors included Sand Hill Capital with $2 million and Hewlett-Packard […]

Emerging facilities-based broadband and wireless Internet company Speedus.com today announced that it acquired the remaining 55 percent of wireless ASP Speedia.com, assuming total ownership of the company. Speedus.com issued 950,000 shares of its Common Stock to Speedia.com’s selling shareholders, TIS Worldwide, Inc and Daniel Doyon. It has been agreed that additional shares will be issued […]

This week software infrastructure services provider LoudCloud, Inc. broke the news that it raised $120 million in its latest round of funding, bringing total funds raised over the $200 million hurdle. Investors in this round included repeat investors Benchmark Capital and Angel Investors and also Capital Research and Management, Amerindo Investment Advisors, Aurora Technology Funds, […]

Internet-powered global solutions deliverer WorldChain, Inc. today introduced its solution for the collaborative value chain operations market. According to the company, WorldChain, Inc. provides manufacturing companies with a smart, Internet-powered application suite for streamlining and managing supply chain operations. This is possible by enabling real-time global visibility, verification and control of inventory through the extended […]

C Me Run Launches Internet-Appliance Partner Program Chell.com emergent C Me Run Corporation yesterday announced the first four companies to join the Ready to Run program, the company’s effort to accelerate the adoption of Internet computing and appliances in the consumer market. Coming on board are customer-driven networked computing devices developer Netier, Internet access provider […]

Announced yesterday at PC Expo, over a dozen companies have banded together to form the MSP Association with a focused goal of developing standards and best practices guidelines for the MSP market. Management service providers deliver IT infrastructure management services over a network to multiple customers on a subscription basis, according to the group. The […]

This week, ACCPAC International, Inc. revealed its ASP strategy in addition to launching Accpacc Online, its e-business resource center for SMEs. Accpacc International, Inc., a division of Computer Associates’ interBiz group, speak will host the delivery of its accounting and e-business management solutions, becoming the first mid-market ERP vendor to establish itself as an ASP […]