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MP3.com Inc. –

20 years ago

SAN DIEGO – MP3.com Inc, an Internet-based music distributor that shrinks music files to allow musicians to widely distribute and promote their work and consumers to access the music, went public July 21. The company sold 12,347,233 shares at $28 per share, above its $24 to $26 filing range. The company’s venture backers include Sequoia […]

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Liquid Audio Inc. –

20 years ago

REDWOOD CITY, Calif. – Liquid Audio Inc., a provider of digital music delivery over the Internet, went public July 8, offering 4.2 million shares at $15 apiece. The company’s stock priced above its $10 to $12 filing range. Underwritten by Lehman Brothers, BancBoston Robertson Stephens and U.S. Bancorp Piper Jaffray, the initial public offering left […]

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Musicmaker.com Inc. –

20 years ago

RESTON, Va. – Musicmaker.com Inc., a provider of on-line customized compact disc music compilations, held an initial public offering July 7, offering 8.3 million shares at $14 apiece, the high end of its $12 to $14 filing range. The company offered 5,327,803 million common shares, while selling shareholder Virgin Holdings Inc. offered 3,072,197 shares, leaving […]

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Primus Knowledge Solutions Inc. –

20 years ago

SEATTLE – Primus Knowledge Solutions Inc., a provider of Web-based customer support software products, held an initial public offering July 1. The company offered 4.15 million shares of common stock at $11 each, within its proposed $10 to $12 price range. Selling shareholders sold 150,000 shares. BancBoston Robertson Stephens, Hambrecht & Quist, U.S. Bancorp Piper […]

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Packeteer Inc. –

20 years ago

CUPERTINO, Calif. – Packeteer Inc., a networking software developer, held an initial public offering July 27, offering 4 million shares at $15 apiece. The stock priced above the company’s $12 to $14 filing range. BancBoston Robertson Stephens, Bear Stearns & Co. Inc. and Dain Rauscher Wessels underwrote the IPO, which left 26.15 million shares outstanding. […]

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Ravisent Technologies Inc. –

20 years ago

MALVERN, Pa. – Ravisent Technologies Inc., a digital video and audio stream management software developer, went public July 15, offering 5 million shares at $12 per share. The company’s stock priced in the middle of its $11 to $13 filing range. Bear, Stearns & Co., SG Cowen and Volpe Brown Whelan & Co., underwrote the […]

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Quokka Sports Inc. –

20 years ago

SAN FRANCISCO – Quokka Sports Inc., a provider of digital sports entertainment programming, went public July 27, offering 5 million shares. The company’s stock priced at $12 per share, within its $12 to $13 filing range. Merrill Lynch & Co., Lehman Brothers and BancBoston Robertson Stephens underwrote the initial public offering, which left 43.66 million […]

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Talk City Inc. –

20 years ago

CAMPBELL, Calif. – Talk City Inc., a provider of on-line communities and interactive services for businesses and consumers, went public July 19, offering 5 million shares at $12 apiece. The company’s stock priced at the high end of its $10 to $12 filing range. Underwritten by Lehman Brothers, Volpe Brown Whelan & Co., U.S. Bancorp […]

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Scientific Learning –

20 years ago

BERKELEY, Calif. – Scientific Learning Corp., a neuroscience-based software developer, went public July 21, offering 2.3 million shares at $16 per share. The company’s stock priced at the high end of its $14 to $16 filing range. Merrill Lynch & Co., Thomas Weisel Partners L.L.C. and Pacific Growth Equities Inc. underwrote the offering, which left […]

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WatchGuard Technologies Inc. –

20 years ago

SEATTLE – Watchguard Technologies Inc., a provider of Internet security solutions, held an initial public offering July 30. The company offered 3.5 million shares at $13 apiece, the high end of its $11 to $13 filing range. Dain Rauscher Wessels, Warburg Dillon Read, SoundView Technology Group and Wit Capital Corp. underwrote the initial public offering, […]

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TIBCO Software –

20 years ago

PALO ALTO, Calif. – TIBCO Software Inc., a developer of software that allows businesses to integrate internal operations with customer and partners in real-time, held an initial public offering July 13. The company offered 7.3 million shares of common stock at $15 apiece, the high end of its $14 to $15 proposed price range. Underwriters […]

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Draper VI, Affiliates on Capital Trail –

20 years ago

REDWOOD CITY, Calif. – Draper Fisher Jurvetson and three of the firm’s affiliated regional funds have certainly contributed their share to a venture market awash with fresh capital. Timberline Ventures in Portland, Ore., Zone Ventures II in Los Angeles and Draper Atlantic in Reston, Va., three vehicles concentrating on emerging Internet hubs in their respective […]

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Bank of New York Establishes SBIC –

20 years ago

NEW YORK – The Bank of New York Co. has formed a new small business investment company that will act as a junior capital partner in private equity transactions. BNY Capital Partners L.P. will operate primarily as a mezzanine provider to financial sponsors, but the group also will make equity commitments, said Stratton Heath, the […]

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TCV’s Partner Ranks Increase By Three –

20 years ago

PALO ALTO, Calif. – Technology Crossover Ventures (TCV) in July hired Warburg Pincus’ Chris Nawn as a partner and also promoted two associates to the partner level to help invest its latest fund. Nawn, an acquaintance of several TCV partners for many years, was a five year veteran at Warburg Pincus, where he worked in […]

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Parthenon Closes Debut Effort, Deals –

20 years ago

BOSTON – Parthenon Capital held a final $350 million close in June on its debut private equity fund. In addition, the firm closed its first two deals in June, putting $30 million in equity into a staffing company and $15 million into a children’s clothing company. Demand among investors to enter Parthenon Capital’s fund was […]

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Japanese Firm American Companies –

20 years ago

PALO ALTO, Calif. – Techno-Venture Co. Ltd., a Japan-based venture firm with a Silicon Valley presence, is raising its ninth fund. The vehicle, likely to total $15 million to $20 million, will get its capital from Japanese institutions but invest exclusively in the United States, mainly on the West Coast, said Techno-Venture U.S. Chairman Jonathan […]

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TL Ventures IV Rakes in $250M –

20 years ago

WAYNE, Pa. – Bolstered by a number of returning investors, TL Ventures in late July wrapped its fifth fund, the $250 million TL Ventures IV. TL IV quickly gathered $200 million from existing limiteds in an April first close and wrapped the fund three months later. First Union Corp., a first-time investor in the firm, […]

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Explorador Backs Latin American Net –

20 years ago

SAN FRANCISCO – Latin American hedge-fund manager Andrew Cummins has launched explorador.net, a venture fund that will invest in Internet-related companies targeting the region. Affiliated with his hedge operation Explorador Capital Management, explorador.net began raising its fund in mid-June and a month later reached a first close on $15 million, leading to a question of […]

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