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Biopure Corp. –

20 years ago

CAMBRIDGE, Mass. – Biopure Corp., an oxygen therapeutic development company, went public July 29, offering 3.5 million shares at $12 per share. The company’s stock priced at the low end of its $12 to $14 filing range. J.P. Morgan & Co., Adams, Harkness & Hill Inc. and Robert W. Baird & Co. underwrote the initial […]

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BioMarin Pharmaceutical Inc. –

20 years ago

NOVATO, Calif. – BioMarin Pharmaceutical Inc., a gene therapy developer, went public July 22, offering 4.5 million shares. The company’s stock priced at $13 apiece, the high end of its $11 to $13 filing range. U.S. Bancorp Piper Jaffray, Bank J. Vontobel & Co. AG, Schroders & Co. Inc. and Leerink Swann & Co. underwrote […]

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Deals in Brief – EthnicGrocer.com Seeks $10 Million –

20 years ago

EVANSTON, Ill. – EthnicGrocer.com, a Web business that sells ethnic foods, launched its site in late July following its first round of venture capital this past spring. KB Partners of Northbrook, Ill. and angel investor Don Jones provided the funding, which totaled between $1 million and $2 million, said EthnicGrocer Chief Operating Officer Subhash Bedi, […]

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Deals in Brief – Beauty Lies in Eye of the Investor –

20 years ago

SAN FRANCISCO – Hoping to secure a leadership position in the increasingly competitive category of on-line beauty supplies, Eve.com in July raised $17.5 million in its third round of venture capital financing. The Series C round was led by new investor Weiss, Peck & Greer Venture Partners. Existing investors Menlo Ventures and Charter Venture Capital […]

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Chemdex Corp. –

20 years ago

PALO ALTO, Calif. – Chemdex Corp., an e-commerce solutions provider, went public July 26, offering 7.5 million shares at $15 apiece. The company’s stock priced above its $12 to $14 filing range. Underwritten by Morgan Stanley Dean Witter, BancBoston Robertson Stephens and Volpe Brown Whelan & Co., the initial public offering left 31.76 million shares […]

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Delta Air Lines Looks To Soar with Private Equity –

20 years ago

When Delta Air Lines Inc. hired Terry Blaney from the Washington State Investment Board a year ago to take an aggressive stance in building its private equity program, the buyout community trumpeted the move. Blaney, well known for turning Washington into one of the larger LBO investors in the mid-1990s, was expected to make more […]

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VCs Engage In a First Half Spending Spree –

20 years ago

Venture capitalists put a record $12.6 billion to work in the first half of this year, completing more deals with bigger price tags than ever before. About half of the money, almost $6.1 billion, went into Internet companies, mostly content, e-commerce and services enterprises, according to Venture Economics Information Services (VEIS), a sister company to […]

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Interliant Inc. –

20 years ago

CAMBRIDGE, Mass. – Interliant Inc., a provider of hosting and enhanced Internet services that allows users to deploy and manage Web sites and network-based applications more effectively than internally developed solutions, went public July 7. The company sold 7 million shares at $10 per share, within its $9 to $11 filing range. The company’s venture […]

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Net2Phone Inc. –

20 years ago

HACKENSACK, N.J. – Net2Phone Inc., developer of a technology that allows users to make inexpensive telephone calls over the Internet, went public July 29, offering 5.4 million shares. The company’s stock priced at $15, above its $12 to $14 filing range. Hambrecht & Quist, BT Alex. Brown and Wit Capital Corp. underwrote the initial public […]

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Focal Communications –

20 years ago

CHICAGO – Focal Communications Corp., a provider of data and voice communications to large corporate customers, held an initial public offering July 28. The company offered 9.95 million shares at $13 apiece, above its $10 to $12 filing range. Salomon Smith Barney, Donaldson, Lufkin & Jenrette, Morgan Stanley Dean Witter, Credit Suisse First Boston and […]

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InsWeb –

20 years ago

REDWOOD CITY, Calif. – InsWeb Corp., an on-line insurance marketplace operator that allows consumers to shop for automobile, term life, homeowners, renters and individual health insurance, held an initial public offering July 22. The company offered 5 million shares at $17 per share, at the top of its $16 to $17 filing range. Softbank Corp., […]

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Benchmark’s Lawyer Joins Firm as Partner –

20 years ago

MENLO PARK, Calif. – Steve Spurlock, an attorney for Benchmark Capital for the last four years, was hired as a partner in July to help with the firm’s daily operations. Unlike Benchmark’s six other partners, Spurlock will not work on investments in portfolio companies but instead serve as an “operating partner,” managing the firm’s non-investment […]

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Dauphin Gets $30M For Health, IT Fund –

20 years ago

LOCUST VALLEY, N.Y. – Amid an ongoing convergence of the Internet and health-care services, Dauphin Capital Partners recently wrapped a 13-month fund raising effort for its first fund at $30 million. “A year ago, I would have expected [the fund] to focus on the traditional medical service industry,” said James Hoover, founder of Dauphin Capital. […]

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Accel VII Garners $480M Quickly –

20 years ago

PALO ALTO, Calif. – Accel Partners in early August closed Accel VII on $480 million, with commitments from several new endowments and all of the firm’s previous backers, said Managing Partner Jim Breyer. The fund was launched in June, seeking $350 million from financial investors and $150 million from entrepreneurs and strategic corporate backers (VCJ, […]

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Digital Island Inc. –

20 years ago

SAN FRANCISCO – Digital Island Inc., a global business network, held an initial public offering June 29, offering 6 million shares at $10 apiece. The company’s stock priced at the low end of its $10 to $12 filing range. Bear, Stearns & Co. Inc., Lehman Brothers and Thomas Weisel Partners L.L.C. underwrote the initial public […]

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E-LOAN Inc. –

20 years ago

DUBLIN, Calif. – E-LOAN Inc., an online mortgage provider, went public June 28, offering 3.5 million shares at $14 apiece. The company’s stock priced at the high end of its $12 to $14 filing range. Goldman, Sachs & Co., Donaldson, Lufkin & Jenrette, Hambrecht & Quist, DLJdirect Inc. and E*Trade Securities Inc. underwrote the initial […]

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Cybersource Corp. –

20 years ago

SAN JOSE, Calif. – Cybersource Corp., a provider of real-time e-commerce transaction services, held an initial public offering June 23. The company offered 4 million shares at $11 apiece, at the high end of its $8 to $11 filing range. Merrill Lynch & Co., J.P. Morgan & Co., PaineWebber Inc. and C.E. Unterberg, Towbin underwrote […]

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