Wine.Com Raises $50 Million in Financing (formerly
completed a financing round in which it raised more than $50 million from a
group led by TH Lee.Putnam Internet Partners.

The TH Lee.Putnam Internet Partners’ investment is $20 million. The funds
will be used for global expansion and to expand the site’s content through
strategic acquisitions and partnerships, said.

Other participants in this funding round include New Millennium Partners,
Value Vision, MediaOne Ventures (a division of MediaOne Group), J. & W.
Seligman, Inroads Capital and Applied Technology. has now raised a
total of more than $80 million in the last six months.

“We chose because it meets our primary criteria for successful
Internet investments,” said TH Lee.Putnam Internet Partners’ Managing
Director Jeff Coats said.

“It has strong management with the proven ability
to grow a business. It is a clear leader in a market category with strong
growth potential. And we believe that’s business model —
particularly its value-added customer service focus — gives it the potential
for rapid, sustainable growth with superior margins.”

In the last year, said it has established a network of wholesalers
and retailers that allows it to ship wine to most U.S. markets, as well as to
key markets in Europe, Asia and South America. launched an off-line branding campaign in April with newspaper and
magazine ads and it expanded in September to include radio and TV advertising.
TH Lee.Putnam Internet Partners’ sponsor is TH Lee, Putnam Capital L.P., an
entity owned by Thomas H. Lee Company and Putnam Investments.

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