======================================================
        VENTUREWIRE --- Tuesday, September 12, 2000
======================================================
           Private Company Business News
------ Published Daily by Technologic Partners -------
           http://technologicpartners.com
======================================================

Top Stories:

o Internet Network Frim Interxion Raises $173 Million Series B
o Government Rejects One Argument in Napster Appeal
o AppleSoup Becomes Flycode After Apple Computer Complains
o Affiliates of Citicorp Venture Capital To Anchor New Fund
o Juniper Financial Holds $94 Million Series B Funding
o Palladium Equity Partners Closes $300 Million Fund

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Also in This Issue:

     New Money:
o Oracle ASP Appshop Closes Series A Round with $17 Million
o Digital Music Provider FullAudio Gets $15 Million Round Two
o ICP Company MetStream Closes $4 Million Series A
o NC Virtual Systems Raises $5 Million First Round
o Net Infrastructure Firm Waveset Gets $7.3 Million Round One
o Network Storage Firm Panasas Raises $10 Million Led by MDV
o Online Medical Resource Veritas Raises $8 Million Round One
o Ownership Services Firm Allmystuff Gets $10 Million Series A
o Security Consultant Espiria Gets $6 Million Series A
o Sun & GigaPixel Co-Founders Invest in Multimedia Company
o Supplier Integration Firm RioLabs Has $6 Million First Round
o Web Network Bla-bla Gets $3.25 Million More in Seed Round
o Web Security Firm Ingrian Systems Gets $4 Million Round One
o Wireless Firm Red Jade Gets $10 Million in Initial Funding
o Advice Site AskForFree.com Completes First Round of Funding
o Data Replication Firm Cogenia Raises $1 Million First Round
o Document Exchange Raises $30 Million Led by Apax Partners
o IXEurope Raises $56.8 Million Second Funding Round
o $15 Million Round Two for Latin E-Commerce Enabler Decidir
o Broadband Wireless Firm nBand Closes $14 Million Series B
o CascadeWorks Raises $8 Million in Second Round of Funding
o E-business Firm Event Zero Gets $20 Million Round Two
o Mobile Net Firm Mobilocity Raises $21 Million Second Round
o VoDSL Provider Woodwind Closes $12.2 Million Second Round
o Freelancer Marketplace Guru.com Raises $44 Million C Round
o Net Messaging Provider @Once Closes $8.1 Million Series C
o Data Storage Company 3Ware Secures $43 Million in Series D
o eNIC Gets $4 Million and Commitment for $21 Million More
o New Forum Gets $6 Million, Lamar Alexander Joins Board
o Mobile Communications Software Firm Ecutel Gets $6 Million
o Translation Software Firm Trados Receives $4 Million

     New Products:
o Info, Resource Site for Minority Businesses Announces Launch
o Online Business Info Provider RhondaWorks Launches
o Gilat-To-Home Becomes StarBand Communications
o Local Busines App Firm Dbusiness.com Now LocalBusiness.com

     M&A:
o Contact Center Firm !hey Software Merges with icontact.com
o Tech Licensing Firm UVentures Buys Datamonitor's QX Health
o BarterNet Acquires Majority Interest in BXI Exchange

     New Directors:
o Supply Chain B2B SupplyLinks Adds Curry to Board
o Former FCC Director Joins Hispanic Sports' Board
o Money Management Services Provider eBalance Adds to Board
o ARM Holdings COO Joins NCipher Board of Directors

     New People:
o Mobilestop Hires Former Ericsson Exec. As President, CEO
o DailyShopper Network Names Ex-L.A. Times VP President & COO
o XML App Firm Vordel Names Former Siemens Exec as CEO
o Former Internet Capital Group Exec Named CEO of XYAN.com
o Authentication Provider BioNetrix Names Ex-Previo Chief CEO
o Newmediary.com Hires Former Adsmart CEO as President, CEO
o U.K. Internet Graphics Firm ZY.com Appoints New CEO
o Virtue Names Freshmarketing.net Co-Founder as President

     VC Fund News:
o Pacifica Fund Gets $25 Million to Build Early Stage Fund
o TechnoCap Raises Additional $74.4 Million For New Fund

     VW Corrections:
o North Castle Partners

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======= Top Stories =======

o Internet Network Frim Interxion Raises $173 Million Series B

AMSTERDAM -- Interxion Holding, which provides carrier
neutral Internet exchange centers, raised EUR 200
million ($173 million) in a Series B financing round.
New investors, including GS Capital Partners 2000
and Whitehall Real Estate Funds, both sponsored
by Goldman Sachs; DLJ Real Estate Capital Partners
II; CSFB Private Equity; CSFB Real Estate Investment
Banking; CSFB Technology Group; Enron Broadband
Services, a subsidiary of Enron; Continuum Group;
and Aman Ventures participated in the round. Previous
investors including Baker Communications Fund, Navis
Partners V, Morgan Stanley Dean Witter, and Bear
Stearns Merchant Banking also contributed. The company
said it will use the capital to continue to develop
its Internet exchange centers across Europe and
new service offerings and to increase staffing.
http://www.interxion.com/
_____________________________________________

o Government Rejects One Argument in Napster Appeal

NEW YORK -- The United States Copyright Office and
the Department of Justice have rejected one facet
of Napster's defense that claims it is protected
by the Home Audio Recording Act. Record labels and
music industry organizations have charged Napster,
operator of a site for sharing copyrighted music
files in MP3 format, with copyright infringement.
In an advisory brief filed with the United States
District Court for the Northern District of California,
the Copyright Office stated the "Audio Home Recording
Act does not protect Napster from the plaintiff's
claims of copyright infringement." The U.S. Copyright
Office and the Justice Department argue that the
Audio Home Recording Act addresses a different phenomenon,
specifically the use of DAT recorders used for home
taping. "We have great respect for the Department
of Justice, but in this instance we believe their
position is incorrect, " said Napster's attorney
David Boies. In a statement Mr. Boies also noted
that the government did not address Napster's liability
and the precedents cited in Napster's appeal. A&M
Records and other record labels, the Recording Industry
Association of America, and the National Music Publishers
Association have filed the suit against Napster.
The company is backed by Hummer Winblad Venture
Partners and individual investors.
http://www.napster.com/
_____________________________________________

o AppleSoup Becomes Flycode After Apple Computer Complains

SAN FRANCISCO -- AppleSoup, which develops software
for a peer-to-peer network of distribution and file
sharing for video, said it changed its name to Flycode
after receiving a 'cease and desist' letter from
Apple Computer.  Apple Computer's letter claimed
the name AppleSoup infringed on its trademark. In
a copy of the letter provided by Flycode, a law
firm representing Apple demands that the company
discontinue use of the AppleSoup name by July 28,
2000. Calls to Apple Computer for comment were not
returned. Flycode, founded by two co-founders of
Napster, has raised $2.5 million in seed funding
from individual investors including Bill Krause,
president of LWK Ventures; Frank Biondi, chairman
of Biondi Reiss Capital Management; Joon Yun, an
investment analyst at Palo Alto Investors and a
founding partner of Targesome; and the Jack Valenti
family.
http://www.flycode.com/
_____________________________________________

o Affiliates of Citicorp Venture Capital To Anchor New Fund

LONDON -- Digital Networks, which recently launched
as a venture capital group, said it secured anchor
investments from affiliates of Citicorp Venture
Capital, an investment branch of Citigroup. The
Digital Networks Group is raising a EUR 75 million
($60.6 million) fund. The fund will invest in early
and late stage European digital infrastructure companies
providing software, services, and hardware to companies
involved in the media, communications, or information
technology sectors. The average investment size
will range between $867,000 to $8.7 million. Telephone
+44-20-816-8890.
_____________________________________________

o Juniper Financial Holds $94 Million Series B Funding

WILMINGTON, Del. -- Juniper Financial, an online
financial services company that offers banking and
personal financial services, said it raised $94
million in its Series B round of funding. New investor
J.W. Seligman led the round, which included other
new investors Aether Systems, Fifth Third Bancorp,
Kemper Ventures, Kingdon Capital, Maverick Capital,
Sonera, Total Technology Ventures, and previous
investors Benchmark Capital and individual investors.
The round brings the company's total funding to
$114 million. Sonera Plaza president and CEO Harri
Hollmen and Total Technology Ventures managing partner
Tom Smith will join the company's board. The company
will use the funding for launching its products
and services this fall and for company expansion.
Juniper Financial focuses on credit card, checking,
and bill payment services with a focus on Internet
and wireless technology.
http://www.juniper.com/
_____________________________________________

o Palladium Equity Partners Closes $300 Million Fund

NEW YORK -- Palladium Equity Partners said it closed
a new fund, Palladium Equity Partners II, for $300
million. The fund will invest in basic industries
and focus on companies in the automotive, chemical,
food, healthcare, media, plastics, and packaging
industries. Palladium has invested in two companies
so far through its new fund: Wise Snacks, a snack
food company, and Physicians WebLink. Telephone
212-218-5153.

======= New Money =======

o Oracle ASP Appshop Closes Series A Round with $17 Million

FREMONT, Calif. -- Appshop, an ASP of Oracle applications
providing IT infrastructure for small and mid-size
companies, said it raised $17 million in Series
A funding led by Menlo Ventures. El Dorado Ventures,
Osprey Ventures, RSA Ventures and Stanford University
also contributed to the round. Menlo Ventures  managing
partner Douglas Carlisle has joined the board of
directors. The company said the funds will support
the development of its ASP hosting facilities, marketing,
and the roll-out of national sales and service.
http://www.appshop.com/
_____________________________________________

o Digital Music Provider FullAudio Gets $15 Million Round Two

CHICAGO -- FullAudio, a digital music subscription
service, said it raised $15 million in its second
round of funding. The round was led by Venture Strategy
Partners and included investments from New Enterprise
Associates and Kettle Partners. The company said
the funds will be used for the further development
of FullAudio's secure subscription service, including
the technical advancement and design of FullAudio's
service platform, which it expects to introduce
early next year. FullAudio secured $4.5 million
in first round financing in December 1999 led by
Stewart Alsop of New Enterprise Associates that
included investments from Chicago based Kettle Partners,
GRP Records and N2K founder Larry Rosen, former
WebTV and TiVo CEO Randy Komisar, and IDEO Ventures.
Tony Conrad of Venture Strategy Partners will join
Stewart Alsop, Lee Rosenberg of Kettle Partners,
Mr. Komisar, and Mr. Rosen on the FullAudio board.
http://www.fullaudio.com/
_____________________________________________

o ICP Company MetStream Closes $4 Million Series A

PORTLAND, Ore. -- MetStream Communications, an integrated
communications service provider targeting residential
communities with broadband services, said it closed
its Series A round with $4 million from Vertex and
Integrated Electrical Services. The company said
it plans to use the money for hiring staff in Portland
and Seattle. MetStream provides digital television,
video-on-demand, Internet access, hosted IP applications,
and telephony services mainly to apartment and condominium
communities.
http://www.metstream.com/
_____________________________________________

o NC Virtual Systems Raises $5 Million First Round

WARSAW -- NC Virtual Systems, which provides software
for security, subscriber management, and billing
for ASPs, said it raised $5 million in its first
round of funding. The round was led by Copernicus
Capital Management, a venture capital fund focusing
on investments in central Europe. Other investors
in the round include Actron International, Central
Poland Fund, Intel Capital, ISAL Amlat Investments,
the Poland Investment Fund, and Israeli investor
Star-West Capital. The company said it will use
the funding to accelerate research and development,
and create an international marketing campaign.
Neil Milne, chief executive officer of Copernicus
Capital Management, and a representative from Star-West
Capital will both take seats on the company's board
of directors. Telephone +49-22-826-8580.
http://www.copernicus.pl/
_____________________________________________

o Net Infrastructure Firm Waveset Gets $7.3 Million Round One

AUSTIN, Texas -- Waveset Technologies, a provider
of Internet infrastructure software, said it closed
its first round of funding with $7.3 million. Participating
investors included Austin Ventures, Origin Partners,
seed investor AV Labs, and individual investors
Martin Neath, president and COO of Works.com; and
Bill Wood, special limited partner at Austin Ventures.
The funding will go towards business and product
development, and marketing initiatives. Chris Grafft
of Austin Ventures, Marc Yagjian of Origin Partners,
and Bill Wood of Austin Ventures will join the board
of directors.
http://www.waveset.com/
_____________________________________________

o Network Storage Firm Panasas Raises $10 Million Led by MDV

MENLO PARK, Calif. -- Mohr, Davidow Ventures (MDV),
an early stage venture capital firm, said it has
led an investment round of $10 million in Panasas,
a network storage company. In addition to the investment,
MDV co-managing partner Jon Feiber and MDV East
Coast office partner Michael Sheridan will join
the Panasas' board of directors.
http://www.panasas.com/
_____________________________________________

o Online Medical Resource Veritas Raises $8 Million Round One

CAMBRIDGE, Mass. -- Veritas Medicine, an online
medical resource developed to provide patients,
physicians, and other health care professionals
with information about clinical trials and innovative
treatments, said it has raised $8 million in its
first round of funding. The round was funded by
Burrill & Company, BioAsias Biotechnology Development
Fund II, Cambridge Incubator, and Seaflower Ventures.
Along with the preparation for the October launch
of its online resource, the funds will be used for
 marketing and distribution, expanding the number
of diseases profiled, and product enhancement. Telephone
781-674-0216.
_____________________________________________

o Ownership Services Firm Allmystuff Gets $10 Million Series A

AUSTIN, Texas -- Allmystuff, which provides product
ownership services for durable goods companies,
said it raised $10 million in its Series A round
of funding. TL Ventures led this first round, which
follows a seed round provided by AV Labs and Polaris
Ventures. Dell Ventures and Austin Ventures also
joined in this Series A round. As a result of the
funding, Guy Hoffman, a venture partner at TL Ventures
and former chief executive officer of Deja.com,
and Manish Mehta, the principal at Dell Ventures,
will join the Allmystuff's board of directors. Allmystuff's
technology allows companies to create Web pages
that contain product information, self-help tools,
warranty trackers, and other product data for their
customers.
http://www.allmystuff.com/
_____________________________________________

o Security Consultant Espiria Gets $6 Million Series A

MINNEAPOLIS -- Espiria, an information security
consulting firm, said it raised $6 million in Series
A funding. Wheatley Partners led the round, which
included Dalewood Associates, Family Financial Strategies,
and Jumpstart Capital. Wheatley Partners general
partner Seth Lieber and Jumpstart Capital founder
and general partner Shawn Kreloff have joined the
company's board of directors. The company will use
the funding for market expansion and to further
develop its services. Espiria provides business
planning, security consulting, technology deployment,
and managed services.
http://www.espiria.com/
_____________________________________________

o Sun & GigaPixel Co-Founders Invest in Multimedia Company

SANTA CLARA, Calif. -- QuArc, a provider of digital
multimedia technology, said it raised $5 million
in funding from private investors. Investors in
the round included the co-founder of Sun Microsystems,
Andreas Bechtolsheim and George Haber, co-founder
of Gigapixel. Mr. Bechtolsheim will take a seat
on the company's board of directors. Mr. Haber has
been named president, CEO, and a member of the company's
board of directors. Sorin Cismas, company founder,
will serve as chief technology officer and chairman
of the company's board of directors. QuArc develops
and markets high bandwidth memory controllers and
high definition MPEG-2 decoders.
http://www.quarc.com/
_____________________________________________

o Supplier Integration Firm RioLabs Has $6 Million First Round

DENVER -- RioLabs, which provides supplier integration
technology, said it raised $6 million in its first
institutional round of funding. Barnard & Co. led
the round, which included Sequel Venture Partners
and previous individual seed round investors including
Pete Estler, founder of iBelay; Ernest Jacquet,
managing director of Boston's Parthenon Capital;
and Rich Patch, a former vice president with Sybase.
Barnard & Co.'s Steve Change will join the company's
board of directors. The company will use the funding
for company development, sales and marketing, and
North American expansion. RioLabs links enterprise
information sources with exchanges or direct trading
services for business-to-business Internet commerce
marketplaces.
http://www.riolabs.com/
_____________________________________________

o Web Network Bla-bla Gets $3.25 Million More in Seed Round

NEW YORK -- Bla-bla, an online portal for independent
content, said it received an additional $3.25 million
in its seed round of financing, bringing the total
raised to date for the round to $7.65 million. The
round has is still open. Bla-bla said it will use
the funding for general company growth and expansion.
Investors in this round include Silicon Alley Venture
Partners, Hudson Venture Partners, Liberty View
Equity Partners, SBIC, Youngtree Partners, and Stonehenge
Capital. Bla-bla said its network has over 230 sites
and is adding 40 sites per month.
http://www.bla-bla.com/
_____________________________________________

o Web Security Firm Ingrian Systems Gets $4 Million Round One

REDWOOD CITY, Calif. -- Ingrian Systems, which is
developing scalable Internet security products that
will increase the speed of transactions, said it
has secured $4 million in its first round of funding
from a group of investors. The round included Andy
Bechtolsheim and Bill Joy, co-founders of of Sun
Microsystems, and Martin Hellman, professor emeritus
of electrical engineering at Stanford University.
Other investors in the round included Andrew Dumke,
general partner of Pacific Mezzanine Fund; John
Hamm, the managing director of  Internet Capital
Group; Greg Chabrier, most recently vice president
of business development for VALinux; and Sardina,
the co-founder of Tasmania Network Systems, which
was acquired by Cisco last year.
http://www.ingrian.com/
_____________________________________________

o Wireless Firm Red Jade Gets $10 Million in Initial Funding

PALO ALTO, Calif. -- Ericsson said it has made a
$7 million investment in Red Jade, a developer of
wireless entertainment products. Red Jade also received
an additional $3 million from IT Provider, a Swedish
venture capital firm. In addition to financial support,
Ericsson Business Innovation will support Red Jade
with product design and development, marketing,
manufacturing, and distribution.
http://www.redjade.com/
_____________________________________________

o Advice Site AskForFree.com Completes First Round of Funding

CUPERTINO, Calif. -- Al Shugart International (ASI)
said AskForFree.com, which offers free advice in
a variety of categories, completed its first round
of funding for an undisclosed amount. The round
was led by Shugart Venture Fund 2, the venture arm
of ASI, with participation from Angel Investors.
Jon van Bronkhorst of Shugart Venture Funds will
join the board of directors.
http://www.askforfree.com/
_____________________________________________

o Data Replication Firm Cogenia Raises $1 Million First Round

SUNNYVALE, Calif. -- Cogenia, which specializes
in data replication technology for the wireless
data industry, said it has closed its Series A round
of funding at $1 million. The Jain Family Trust,
Crest Communications Holdings, Satwik Ventures,
the Pillsbury Madison and Sutro Venture Fund, and
several individual investors provided the funds.
Cogenia was founded by chairman Ashok Jain, CEO
Scott Andrews, and CTO Doug Terry. Telephone 650-279-0242.

_____________________________________________

o Document Exchange Raises $30 Million Led by Apax Partners

NEW YORK -- Bolero.net, which provides an online
data exchange for electronic trading communities,
said it raised $30 million in its most recent round
of funding. The round was led by Apax Partners.
The company said it will use the funding for implementation
efforts across the Bolero.net affiliated network,
and development of new products and services for
the company's clients. Tim Wright, and Richard Lenane,
both of Apax Partners, will take seats on the company's
board of directors. Bolero.net acts as a neutral
third party to ensure secure delivery and receipt
of the information and provides a legal structure
that binds all users together.
http://www.bolero.net/
_____________________________________________

o IXEurope Raises $56.8 Million Second Funding Round

LONDON -- IXEurope, which provides co-location and
facilities management services, said it raised $56.8
million in its second round of funding. A group
of investors including European Acquisition Capital
(EAC), IXEurope's majority shareholder; Banc of
America Equity Partners; J. P. Morgan Capital; First
Union Capital Partners; and some of EAC's fund investors
participated in the round. The company said it will
use the funding to increase its number of co-location
sites from three to eight by the end of the year.
The expansion will involve development in France,
Germany, and Switzerland.
http://www.ixeurope.com/
_____________________________________________

o $15 Million Round Two for Latin E-Commerce Enabler Decidir

BUENOS AIRES -- Decidir.com, a business-to-business
portal and infrastructure service that provides
credit risk information and payment platforms for
conducting e-commerce in Latin America, said it
raised $15 million in second round funding. New
investors GE Capital, HSBC-Tower Fund, and SCP Private
Equity Partners, a U.S. fund associated with Safeguard
Scientifics, were joined in the round by previous
investors Citicorp Venture Capital Latin America,
CVC Opportunity, CIMA Investments, and International
Real Returns. The company, which has offices in
Argentina, Brazil, Mexico, Chile, and Miami, will
use the funds to complete its regional expansion
and to develop new tools and services.  Decidir
offers an authentication product for secure e-commerce
transactions and has developed databases of financial,
legal, credit, and import/export information of
businesses and individuals in Latin America.
http://www.decidir.com/
_____________________________________________

o Broadband Wireless Firm nBand Closes $14 Million Series B

SUNNYVALE, Calif. -- nBand Communications, a broadband
wireless technology company, said it closed its
Series B funding round with $14 million led by VantagePoint
Venture Partners. Original investors Axis Communications,
Sunrise Capital Fund, and several private investors
also participated. VantagePoint partner Matt Ocko
joined nBand's board of directors. The company will
use the funds toward hiring its engineering and
sales teams, product development, and marketing.
http://www.nband.com/
_____________________________________________

o CascadeWorks Raises $8 Million in Second Round of Funding

SAN FRANCISCO -- CascadeWorks, which provides Web-hosted
applications for managing Internet procurement services,
said it raised $8 million in its second round of
financing led by New Enterprise Associates (NEA).
The funding will be used to accelerate product development
and sales and marketing. Chip Linehan, partner at
NEA, will join CascadeWorks' board of directors.
CascadeWorks raised $1.1 million in January from
individual investors.
http://www.cascadeworks.com/
_____________________________________________

o E-business Firm Event Zero Gets $20 Million Round Two

ARLINGTON, Mass. -- Event Zero, a provider of Internet
and wireless systems for businesses, said it raised
$20 million in its second round of funding led by
First Union Capital Partners. Previous investors
Shawmut Capital Partners, Trident Capital, Integral
Capital Partners, and Sparkventures, also participated
in the round. The funds will be used to support
infrastructure expansion in the Boston, New York,
and San Francisco offices, as well as to enhance
service offerings. Event Zero clients include CBS
Employer Services, BankPass.com, and Brainshark.
http://www.eventzero.com/
_____________________________________________

o Mobile Net Firm Mobilocity Raises $21 Million Second Round

NEW YORK -- Mobilocity, a builder of mobile Internet
businesses, said it has raised $21 million in its
second round of funding led by Morgan Stanley Dean
Witter Private Equity. The round also included investments
from J.P. Morgan Capital; LabMorgan, the e-finance
unit of J.P. Morgan; Siemens Business Services Ventures;
Cambridge Samsung Partners; Telligent Capital; Comdisco
Ventures; Usheron Ventures; and Morrison & Foerster.
The funding will be used to continue Mobilocity's
growth in the U.S., fuel its expansion into Europe
and Asia, and further develop its Mobility Lab.
Mobilocity named Noah Walley, General Partner of
Morgan Stanley Dean Witter Venture Partners, to
its board. Mr. Walley joins a board comprised of
executives from LabMorgan, Cambridge Samsung Partners,
and LCC International. Prior investors in Mobilocity
include LCC International; Cambridge Samsung Partners;
WS Investment; and individual investors, including
current and former executives of Donaldson Lufkin
& Jenrette, Goldman Sachs, Morgan Stanley Dean Witter,
CIBC World Markets, and Chase Manhattan Bank.
http://www.mobilocity.net/
_____________________________________________

o VoDSL Provider Woodwind Closes $12.2 Million Second Round

GERMANTOWN, Md. -- Woodwind Communication Systems,
a provider of integrated access devices for broadband
services such as voice over digital subscriber lines,
said it completed its second round with $12.2 million.
The round included new investors Alta Partners,
SpaceVest, and Sterling Venture Partners, and original
investors Boulder Venture and Novak Biddle Venture
Partners. The company will use the funds for marketing
its broadband products.
http://www.woodwindcom.com/
_____________________________________________

o Freelancer Marketplace Guru.com Raises $44 Million C Round

SAN FRANCISCO -- Guru.com, a marketplace connecting
freelance professionals with contract projects,
said it has raised $44 million in its Series C round
of financing led by Investor AB. The round included
investments by August Capital, Credit Suisse First
Boston, Greylock, Tarrant Venture Partners, and
WR Hambrecht. American Express and Red Hat also
made investments in this round in a strategic alliance
that will provide American Express with small business
and financial products through Guru.com and will
combine Red Hat and Guru.com's resources in order
to build a project marketplace for the open source
Linux community. The company said it will use the
funds for product and technological development,
running its day-to-day operations, and to expand
its senior management team. Guru.com has raised
a total of $63 million in financing in the past
year. The company also named David Lee, a managing
director of Investor Growth Capital, to its board.
Investor Growth Capital is a venture arm of Investor
AB, Sweden's largest holding company.
http://www.guru.com/
_____________________________________________

o Net Messaging Provider @Once Closes $8.1 Million Series C

PORTLAND, Ore. -- @Once, an Internet messaging provider,
said it has raised $8.1 million in its Series C
round of funding from Olympic Venture Partners (OVP)
and previous individual investors. As a result of
the funding, David Chen, OVP Partner, will take
a seat on the company's board of directors. @Once's
services allow clients to learn about their customers
preferences and conduct targeted direct e-mail campaigns.
http://www.@once.com/
_____________________________________________

o Data Storage Company 3Ware Secures $43 Million in Series D

MOUNTAIN VIEW, Calif. -- 3Ware, which provides data
storage, back up, security, and management for Internet
applications, said it has secured $43 million in
its Series D round of funding. Investors in the
round include NeoCarta Ventures, Franklin Templeton,
New Enterprise Associates, Quantum Technology Ventures,
VantagePoint Venture Partners, Veritas Software,
as well as several strategic partners. The company
said it will use the funds to improve its services.
http://www.3ware.com/
_____________________________________________

o eNIC Gets $4 Million and Commitment for $21 Million More

SEATTLE -- eNIC, a top-level Internet domain name
registry, said it received a strategic financing
commitment of $25 million from Malaysian-based investment
holding company MOL.com Berhad. eNIC has received
$4 million so far. The remaining investment of $21
million will be made upon approval from the Malaysian
Securities Commission and the Foreign Exchange Department
of the Malaysian Central Bank. The funding will
be used for marketing, sales, and mergers and acquisitions.
http://www.enic.com/
_____________________________________________

o New Forum Gets $6 Million, Lamar Alexander Joins Board

CONSHOHOCKEN, Pa. -- New Forum Publishers, an Internet-based
provider of proprietary interactive educational
content, said it has raised $6 million in funding
from Walter W. Buckley Jr., president of Buckley
Muething Capital Management, and Walter W. Buckley
III, the president and CEO of Internet Capital Group.
The company said it will use the financing for sales
and marketing and to expand its product line. The
company also announced it has appointed Lamar Alexander,
a candidate for U.S. president in 1996 and 2000,
to its board of directors. Mr. Alexander served
as Secretary of Education under President George
W. Bush from 1991 to 1993. He also co-founded Simplexis,
an online educational service provider focusing
on K-12 schools and their suppliers.
http://www.newforum.com/
_____________________________________________

o Mobile Communications Software Firm Ecutel Gets $6 Million

ALEXANDRIA, Va. -- Core Capital Partners said it
had led a $6 million investment in mobile Internet
communications software company Ecutel. Other investors
included Intel, Updata Capital, McDonnell and Associates,
Steve Walker and Associates, and Avansis.  Ecutel
will use the funding for sales and marketing.
http://www.ecutel.com/
_____________________________________________

o Translation Software Firm Trados Receives $4 Million

ALEXANDRIA, Va. -- Trados, a provider of software
tools for translation professionals, said it received
$4 million in a round of financing. AdAstra Erste
Beteiligungs GmbH was the sole investor for the
round. The financing will be used for marketing,
sales, and product development. Previous investors
include Mercury Private Equity, a subsidiary of
Merrill Lynch & Co., and First Union Capital Partners.
http://www.trados.com/

======= New Products =======

o Info, Resource Site for Minority Businesses Announces Launch

NEW YORK -- MinorityInterest Network, which provides
online information, services, and resources to minority-owned
businesses, their employees, customers and related
community organizations, announced the launch of
the beta version of its Web site. MinorityInterest
Network is backed by CEA Latin American Partners,
Zero.net, and individual investors.
http://www.minorityinterest.com/
_____________________________________________

o Online Business Info Provider RhondaWorks Launches

PALO ALTO, Calif. -- RhondaWorks, a provider of
online and offline information, advice, and tools
for small businesses and entrepreneurs, said it
has launched. The company will offer an online interactive
business planning center that aims to enable and
assist entrepreneurs in starting up and growing
their businesses. The RhondaWorks team includes
both publishing and Internet veterans led by chief
operating officer Jim Schulte, formerly the editor-in-chief
of USATODAY.com, and Rhonda Abrams, founder and
CEO of RhondaWorks. The company is backed by individual
investors.
http://www.rhondaworks.com/
_____________________________________________

o Gilat-To-Home Becomes StarBand Communications

MCLEAN, Va. -- Gilat-To-Home, which provides consumer
focused two-way satellite broadband Internet service,
said it changed its name to StarBand Communications.
The company said the change in name represented
its new category Intenet high-speed delivery, which
it plans to launch this fall. StarBand is backed
by Gilat Satellite Networks, Microsoft, EchoStar
Communications, and ING Furman Selz Investments.
http://www.starband.net/
_____________________________________________

o Local Busines App Firm Dbusiness.com Now LocalBusiness.com

FORT LAUDERDALE, Fla. -- Dbusiness.com, an Internet
provider of local business applications, local news
and intelligence, tools, and research resources
for small and medium-sized businesses, said it has
changed its name to LocalBusiness.com. The company,
which recently acquired request-for-proposal provider
TrueAdvantage, said the name change reflects its
focus on local business applications and services.
LocalBusiness.com is backed by U.S. Equity Partners,
TMCT Ventures, and Tribune Ventures.
http://www.localbusiness.com/

======= M&A =======

o Contact Center Firm !hey Software Merges with icontact.com

NORTH ANDOVER, Mass. -- !hey software, a provider
of contact center and voice technologies, and icontact.com,
a personalized online communication software firm,
said the companies have merged to form new company
!hey. Terms of the merger were not disclosed. Duncan
Mackay, president and CEO of !hey software, will
remain as president and CEO of the new company.
Investors in !hey include Telecom-Internet Investors,
a subsidiary of Telecom Ventures, eCOM Partners,
Broadband Ventures, Goldman Sachs, and individuals.
http://www.heyinc.com/
_____________________________________________

o Tech Licensing Firm UVentures Buys Datamonitor's QX Health

NEW YORK -- UniversityVentures, a marketplace for
the technology licensing industry, said it has acquired
Datamonitor's QX Health technology assets and changed
its name to UVentures. The terms of the acquisition
were not disclosed. UVentures said the acquisition
will broaden its global technology transfer marketplace
and enhance its content and service offerings. UVentures
is backed by individual investors.
http://www.uventures.com/
_____________________________________________

o BarterNet Acquires Majority Interest in BXI Exchange

FOSTER CITY, Calif. -- BarterNet, a marketplace
for businesses to trade products and services, said
it has acquired a controlling interest in BXI Exchange,
a retail barter exchange in the U.S. with a roster
of 20,000 businesses in 85 markets throughout the
United States. Financial terms of the transaction
were not disclosed. BarterNet was previously a minority
shareholder. BarterNet is backed by Wand Partners,
Alignment Capital, and the partners of Parthenon
Capital.
http://www.barternet.com/

======= New Directors =======

o Supply Chain B2B SupplyLinks Adds Curry to Board

SAN FRANCISCO -- SupplyLinks, an Internet business-to-business
supply chain network, said it appointed W. Roger
Curry to its board of directors. Mr. Curry was the
president and CEO of Consolidated Freightways and
a former colleague of SupplyLinks CEO David I. Beatson.
After being appointed president and CEO of Emery
Worldwide in 1994, Mr. Curry brought Mr. Beatson
on board as vice president of sales and marketing.
SupplyLink's board consists of Mr. Beatson, Mitch
Weseley, president and CEO of Global Logistics Technologies,
and Tim Sensenig, managing director of New Meadows
Venture Capital Partners. SupplyLinks is funded
by New Meadows Venture Partners and G-Log.
http://www.supplylinks.com/
_____________________________________________

o Former FCC Director Joins Hispanic Sports' Board

SAN DIEGO -- Former Federal Communications Commission
director Francisco Montero joined the board of directors
for Hispanic Sports, a company that acquires the
exclusive Spanish-language radio, television, and
Internet broadcast rights to professional U.S. sports
teams and leagues. Mr. Montero is a partner with
the Washington D.C. law firm of Shaw Pittman Potts
& Trowbridge in its telecommunications and technology
practice group. Hispanic Sports is backed by Bencap
Partners and recently closed an undisclosed seed
round of funding. The company is in the process
of raising its first funding round. Telephone 619-920-7609.

_____________________________________________

o Money Management Services Provider eBalance Adds to Board

SAN RAMON, Calif, -- eBalance, which provides market
research to financial institutions by offering online
money management services to individual consumers,
said it named Mark A. Johnson to its board of directors,
bringing the board to five members. Mr. Johnson
was former vice chairman of CheckFree, an Internet
billing and payment service. eBalance is funded
by Signia, Alliant Partners and Internet Angels.
http://www.ebalance.com/
_____________________________________________

o ARM Holdings COO Joins NCipher Board of Directors

WOBURN, Mass. -- nCipher Corporation, a developer
of security products for e-commerce and Public Key
Infrastructure (PKI) applications, said it has appointed
ARM Holdings chief operating officer Jamie Urquhart
to its board of directors. Mr. Urquhart joins nCipher
founders and executive directors Alex and Nicko
van Someren and fellow board members Ossama Hassanein
of Newbury Ventures, Richard Gourlay of Top Technology,
and Roger Maggs of Celtic House Investment Partners.
nCipher also announced the completion of a round
of funding in which Deutsche Bank became a shareholder.
The majority of nCipher's existing institutional
investors also increased their stockholdings. The
terms for this recent round of funding have not
been disclosed. Ncipher has received funding from
Celtic House Investment Partners, Newbridge Networks,
Newbury Ventures, Security Dynamics Technology,
and Top Technology.
http://www.ncipher.com/

======= New People =======

o Mobilestop Hires Former Ericsson Exec. As President, CEO

MIAMI -- Mobilestop, which provides an e-commerce
platform for wireless carriers, said it has appointed
Hakan Wretsell as its new president and CEO. Mr.
Wretsell is former executive vice president and
general manager of the Americas division at Ericsson
Mobile Phones, and was vice president of Ericsson
Mobile Phones Latin America. He will replace Arnthor
Halldorsson, who now assumes the position of executive
vice president of development. Mobilestop has received
venture capital from Swedish firm Novestra, Time
Vision, Artic Ventures, Talenta-Internet and individual
investors. The firm is based here and has offices
in Buenos Aires, Luxembourg, Oslo, Reykjavik, Sao
Paolo, Seattle, and Stockholm.
http://www.mobilestop.com/
_____________________________________________

o DailyShopper Network Names Ex-L.A. Times VP President & COO

SEATTLE -- DailyShopper Network, which provides
online promotion services for traditional retailers,
said it named Carol Perruso as its president and
COO. Ms. Perruso was most recently president of
latimes.com and vice president of the Los Angeles
Times. Ms. Perruso succeeds company co-founder and
former president Michael Skinner, who is no longer
with the company. DailyShopper Network is backed
by Madrona Venture Group and Voyager Capital.
http://www.dailyshopper.net/
_____________________________________________

o XML App Firm Vordel Names Former Siemens Exec as CEO

DUBLIN -- Vordel, a provider of Talk XML, which
delivers applications that enable enterprises to
establish secure communication channels to organizations
in their business networks, named David Ryan as
chief executive officer. Prior to joining Vordel,
Mr. Ryan was chief executive officer of Siemens
Business Services in Ireland and was acting chief
executive officer of SSE, the Siemens Internet security
firm. Vordel is backed by individual and institutional
investors.
http://www.vordel.com/
_____________________________________________

o Former Internet Capital Group Exec Named CEO of XYAN.com

KING OF PRUSSIA, Pa. -- XYAN.com, an online resource
for comprehensive digital content management and
document production, said it has named Richard G.
Bunker Jr., former managing director and chief technology
officer of Internet Capital Group, as chief executive
officer and president. Mr. Bunker, who was a member
XYAN.com's board of directors, replaces John H.
Foster, who will remain as chairman of the company's
executive committee. Mr. Bunker, who will no longer
serve on XYAN's board, is also former president
and CEO of Reality Online, a provider of online
investing products, hosting, and tech support for
financial services firms. He was previously senior
vice president and chief information officer of
SEI Investments. XYAN is funded by venture capital
firm Foster Management.
http://www.xyan.com/
_____________________________________________

o Authentication Provider BioNetrix Names Ex-Previo Chief CEO

VIENNA, Va. -- BioNetrix Systems, a provider of
personal authentication security, said John Ticer
has been named CEO, replacing co-founder Peter Bianco
who will become vice chairman and executive vice
president of marketing and business development.
Ticer was formerly CEO of Previo, a computer systems
management company. BioNetrix investors include
Carlyle Venture Partners, Columbia Capital, the
Dinner Club, and individual investor Steve Walker.
http://www.bionetrix.com/
_____________________________________________

o Newmediary.com Hires Former Adsmart CEO as President, CEO

NEWTON, Mass. -- Newmediary.com, a network of online
marketplaces for e-commerce services, named John
Federman as president and CEO. Mr. Federman joins
Newmediary.com from Engage Technologies, where he
served as executive vice president of worldwide
sales and business development. Prior to joining
Engage, Mr. Federman was the CEO and president of
Adsmart, a CMGI-backed Internet advertising network.
Newmediary has secured venture capital from Advanced
Technology Ventures, CommonWealth Capital, and Still
River Fund.
http://www.newmediary.com/
_____________________________________________

o U.K. Internet Graphics Firm ZY.com Appoints New CEO

MENLO PARK, Calif. -- ZY.com, a U.K.-based provider
of Web graphics and Web page building services,
said it appointed Tony Vine-Lott as chief executive
officer. Mr. Lott previously served as a managing
director at Barclays. ZY.com is backed by ICE Securities
and undisclosed institutional investors. The company
said it is exploring the possibility of undertaking
an initial public offering later this year on a
European exchange and is also considering a U.S.
listing.
http://www.zy.com/
_____________________________________________

o Virtue Names Freshmarketing.net Co-Founder as President

NATICK, Mass. -- Virtue Ltd., a 3-D graphics software
provider, said it appointed Lori Dustin as president
of its U.S. subsidiary. Dustin formerly co-founded
and was CEO for freshmarketing.net, an Internet
marketing firm. Virtue Ltd. is backed by Technoplast
Technologies, Technorov Holdings, and Yardworth
B.V.
http://www.virtue3d.com/

======= VC Fund News =======

o Pacifica Fund Gets $25 Million to Build Early Stage Fund

REDWOOD SHORES, Calif. -- Pacifica Fund has raised
$25 million and anticipates raising an additional
$10 million to establish an investment fund focused
on early stage companies. Investors include global
corporations, private individuals, and a management
consulting firm.  The fund will focus on first round
capitalization, making investments in the range
of $500,000 to $1,250,000 with additional participation
in subsequent rounds.  The general partners, who
have operational experience in both Global 500 and
small venture companies, expect to make between
15 and 20 deals with the new fund.  Pacifica Fund
invests in communications technologies and services,
business infrastructure transformation, and basic
enabling technologies for emerging IT platforms.
http://www.pacificafund.com/
_____________________________________________

o TechnoCap Raises Additional $74.4 Million For New Fund

MONTREAL -- TechnoCap, a venture capital firm, said
it raised an additional C$110 million ($74.4 million),
bringing its total capital to C$210 million. Investors
in the firms most recent fundraising include Bombardier
Trust, Desjardins Pension Fund, the Solidarity Fund,
and TechnoAnge.
http://www.technocap.com/

======= VW Corrections =======

o North Castle Partners

NEW YORK -- A story in the September 8 issue of
VentureWire misspelled the last name of the former
Nabisco CEO who is a new general partner at North
Castle Partners. She is Ellen R. Marram, not Miram.


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