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HIER DIE NEUESTE MELDUNG:
Petopia.com Raises Additional $10 Million in Funding
SAN FRANCISCO, Feb 2, 2000 (BUSINESS WIRE) -- On the heels of last week`s
financing and strategic partnership with NBC and ValueVision (NASDAQ: VVTV),
Petopia.com, the "Internet Pet Paradise" and leading online pet store, today
announced it has raised an additional $10 million in cash from Greyrock Capital,
a leading financier to technology companies. The additional capital enables
Petopia.com to continue to build its business and expand its infrastructure, as
well as to support marketing efforts and hiring of industry talent.
"This additional funding from Greyrock Capital shows tremendous support of our
integrated retail strategy," said Andrea Reisman, CEO of Petopia.com. "With
Greyrock`s support, we will be able to continue to grow the business in ways
that is most beneficial for our customers."
"We were impressed by Petopia.com`s integrated retail strategy and alliances
with PETCO and other industry leaders," said Richard Suhl, president of Greyrock
Capital. "With Petopia.com`s high caliber investor base, revolutionary business
model and tremendous vision for the pet industry, Greyrock wanted to assist with
the execution of this winning strategy."
In December 1999 Petopia.com announced that it raised $35 million from current
investors Technology Crossover Ventures, PETCO Animal Supplies, Inc.
(NASDAQ: PETC) and Europ@web, the Internet investment company established by
Group Arnault, and new investors Attractor Investment Management, Inc.,
BancBoston Ventures and Comdisco, Inc.
About Greyrock Capital
Greyrock Capital, headquartered in Los Angeles with offices in Palo Alto and
Boston, specializes in enterprise loans to early and mid-stage technology
companies. Greyrock Capital, founded in 1995, creates creative lending
structures of between $2 million to $20 million for growing technology
companies.
About Petopia.com
Petopia.com (www.petopia.com), the "Internet Pet Paradise," is the leading
online pet store. A spirited online destination for pet lovers, Petopia.com
provides all things pet-related, from food, grooming and healthcare products to
community forums and expert advice. Petopia.com is a privately held company
funded by Technology Crossover Ventures; Europ@web, the Internet investment arm
of Group Arnault; PETCO Animal Supplies Inc. (NASDAQ: PETC); Attractor Investment
Management, Inc.; BancBoston Ventures; and Comdisco, Inc. Petopia.com has
strategic alliances with NBC, ValueVision International (NASDAQ: VVTV) and has
acquired In The Company of Dogs. Petopia.com retains an exclusive Internet
fulfillment agreement with Loveland Pet Products and has exclusive partnerships
with the ASPCA, the founder of animal welfare in the Western Hemisphere;
Petfinder.org, an online shelter network; and iVillage.com (Nasdaq: IVIL), the
leading online women`s network. In the spirit of celebrating its primary
consumer, the company`s motto is: "Let there be pets!" Petopia.com was founded
in August 1998 and is based in San Francisco.
Distributed via COMTEX.
Copyright (C) 2000 Business Wire. All rights reserved.
CONTACT: Petopia.com
Nadia Abudayyeh, 415-503-2739
nadia@petopia.com
or
Fleishman-Hillard
Michelle Andersen, 415-356-1032
andersem@fleishman.com
KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: INTERNET
E-COMMERCE
COMPUTERS/ELECTRONICS
SOFTWARE
CONSUMER/HOUSEHOLD
PRODUCT
RETAIL
Today`s News On The Net - Business Wire`s full file on the Internet
with Hyperlinks to your home page.
URL: http://www.businesswire.com
Petopia.com Raises Additional $10 Million in Funding
SAN FRANCISCO, Feb 2, 2000 (BUSINESS WIRE) -- On the heels of last week`s
financing and strategic partnership with NBC and ValueVision (NASDAQ: VVTV),
Petopia.com, the "Internet Pet Paradise" and leading online pet store, today
announced it has raised an additional $10 million in cash from Greyrock Capital,
a leading financier to technology companies. The additional capital enables
Petopia.com to continue to build its business and expand its infrastructure, as
well as to support marketing efforts and hiring of industry talent.
"This additional funding from Greyrock Capital shows tremendous support of our
integrated retail strategy," said Andrea Reisman, CEO of Petopia.com. "With
Greyrock`s support, we will be able to continue to grow the business in ways
that is most beneficial for our customers."
"We were impressed by Petopia.com`s integrated retail strategy and alliances
with PETCO and other industry leaders," said Richard Suhl, president of Greyrock
Capital. "With Petopia.com`s high caliber investor base, revolutionary business
model and tremendous vision for the pet industry, Greyrock wanted to assist with
the execution of this winning strategy."
In December 1999 Petopia.com announced that it raised $35 million from current
investors Technology Crossover Ventures, PETCO Animal Supplies, Inc.
(NASDAQ: PETC) and Europ@web, the Internet investment company established by
Group Arnault, and new investors Attractor Investment Management, Inc.,
BancBoston Ventures and Comdisco, Inc.
About Greyrock Capital
Greyrock Capital, headquartered in Los Angeles with offices in Palo Alto and
Boston, specializes in enterprise loans to early and mid-stage technology
companies. Greyrock Capital, founded in 1995, creates creative lending
structures of between $2 million to $20 million for growing technology
companies.
About Petopia.com
Petopia.com (www.petopia.com), the "Internet Pet Paradise," is the leading
online pet store. A spirited online destination for pet lovers, Petopia.com
provides all things pet-related, from food, grooming and healthcare products to
community forums and expert advice. Petopia.com is a privately held company
funded by Technology Crossover Ventures; Europ@web, the Internet investment arm
of Group Arnault; PETCO Animal Supplies Inc. (NASDAQ: PETC); Attractor Investment
Management, Inc.; BancBoston Ventures; and Comdisco, Inc. Petopia.com has
strategic alliances with NBC, ValueVision International (NASDAQ: VVTV) and has
acquired In The Company of Dogs. Petopia.com retains an exclusive Internet
fulfillment agreement with Loveland Pet Products and has exclusive partnerships
with the ASPCA, the founder of animal welfare in the Western Hemisphere;
Petfinder.org, an online shelter network; and iVillage.com (Nasdaq: IVIL), the
leading online women`s network. In the spirit of celebrating its primary
consumer, the company`s motto is: "Let there be pets!" Petopia.com was founded
in August 1998 and is based in San Francisco.
Distributed via COMTEX.
Copyright (C) 2000 Business Wire. All rights reserved.
CONTACT: Petopia.com
Nadia Abudayyeh, 415-503-2739
nadia@petopia.com
or
Fleishman-Hillard
Michelle Andersen, 415-356-1032
andersem@fleishman.com
KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: INTERNET
E-COMMERCE
COMPUTERS/ELECTRONICS
SOFTWARE
CONSUMER/HOUSEHOLD
PRODUCT
RETAIL
Today`s News On The Net - Business Wire`s full file on the Internet
with Hyperlinks to your home page.
URL: http://www.businesswire.com
hier aus dem ragingbull
I found this on Bloomberg, here is the link and story.
http://quote.bloomberg.com/fgcgi.cgis=c8da855b5ee87fbbe111ed…
IVillage Inc. (IVIL) rose 3 3/16, or 17 percent, to 21 15/16.
Charles Payne, head analyst at Wall Street Strategies Inc., said
Internet venture-fund company CMGI Inc. (CMGI) could be interested
in buying a ``significant`` stake or making an offer for IVillage,
which runs a network of Web sites for women.
I found this on Bloomberg, here is the link and story.
http://quote.bloomberg.com/fgcgi.cgis=c8da855b5ee87fbbe111ed…
IVillage Inc. (IVIL) rose 3 3/16, or 17 percent, to 21 15/16.
Charles Payne, head analyst at Wall Street Strategies Inc., said
Internet venture-fund company CMGI Inc. (CMGI) could be interested
in buying a ``significant`` stake or making an offer for IVillage,
which runs a network of Web sites for women.
Trading Spotlight
schade, dass die Aktie keinen Gefallen findet!
Obwohl sie einige Hundertprozent verspricht.
Obwohl sie einige Hundertprozent verspricht.
Hi,
bin seit kurzem neu hier im Board und auch noch frisch hinter den
Ohren. Kann man zu diesem Kurs noch ohne bedenken einsteigen oder
lohnt es sich lieber noch zu warten ? Falls ja, mit welchem limit
soll ich Morgen reingehen ?
Danke im voraus... Krock
bin seit kurzem neu hier im Board und auch noch frisch hinter den
Ohren. Kann man zu diesem Kurs noch ohne bedenken einsteigen oder
lohnt es sich lieber noch zu warten ? Falls ja, mit welchem limit
soll ich Morgen reingehen ?
Danke im voraus... Krock
Hallo Krock !
Ohne Bedenken einsteigen?
Also ohne Dir zunahe zu kommen,aber etwas mehr solltest Dich schon über eine Aktie informieren
wenn Du sie kaufen willst.
Oder orientierst Du Dich nur nach den Beiträgen hier im Board?
PS:Nicht das mich jetzt ein Ivillage Fan falsch versteht.
Ich hab selber 200 Stck.!
Aber Krock sollte mal seine Strategie überdenken falls diese so ist wie ich vermute,nach seinem Statement!
Ohne Bedenken einsteigen?
Also ohne Dir zunahe zu kommen,aber etwas mehr solltest Dich schon über eine Aktie informieren
wenn Du sie kaufen willst.
Oder orientierst Du Dich nur nach den Beiträgen hier im Board?
PS:Nicht das mich jetzt ein Ivillage Fan falsch versteht.
Ich hab selber 200 Stck.!
Aber Krock sollte mal seine Strategie überdenken falls diese so ist wie ich vermute,nach seinem Statement!
Ivillage und Unilever starten ein Internet-Jointventure!
(siehe yahoo/finanzen...)
Das dürfte den Kurs nach Norden bringen wenn der Nasdaq nicht weiter schwächelt!
Gruß
IngoH
(siehe yahoo/finanzen...)
Das dürfte den Kurs nach Norden bringen wenn der Nasdaq nicht weiter schwächelt!
Gruß
IngoH
Na hoffentlich !!!!!!!!
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