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Companies, New York metro/upstate
A listing of companies that received venture funding in Q4, 1997.
Network World Fusion, 2/23/98
Source: Price, Waterhouse
- AdOne Classified Network Inc.
- New York, NY
- General business: Software & Information
- Specific business: Provider of newspaper classified ads on the Internet.
- Amount raised: $250,000
- Round of financing: Follow-on
- Who is financing: Lawrence Smith & Horey
- CosmoCom Inc.
- Hauppauge, NY
- General business: Communications
- Specific business: Multimedia video - call center and web commerce technology software.
- Amount raised: $2,500,000
- Round of financing: First
- Who is financing: Long Island Venture Fund L.P., Wheatley Partners, and others
- FaxSav Incorporated
- Edison, NJ
- General business: Software & Information
- Specific business: International & Internet services.
- Amount raised: $2,200,000
- Round of financing: Other
- Who is financing: East River Ventures LP, Victory Ventures
- General Internet Inc. (Mining Company)
- New York, NY
- General business: Software & Information
- Specific business: Provides an intelligent Internet resource by matching the interests and needs of individuals in a highly coordinated way with Net jockeys. First people powered network of special interest websites with consistent look, feel, function and navi gation, led by guides. Each guide harnesses all of the information about their topic that's out on the internet and more
- Amount raised: $1,000,000
- Round of financing: Follow-on
- Who is financing: Crystal Internet Venture Fund LP, Walden Group of Venture Capital Funds, Zero Stage Capital Co. Inc.
- Medscope Inc.
- New York, NY
- General business: Communications
- Specific business: Leading internet based site for medical information and the only site that deals with the healthcare professional.
- Amount raised: $3,500,000
- Round of financing: First
- Who is financing: Patricof & Co. Ventures Inc., and others
- Paradigm 4
- New York, NY
- General business: Communications
- Specific business: Wireless solution provides an end to end cost effective solution by providing outsourcing services in the mobile computin g and wireless markets.
- Amount raised: $3,700,000
- Round of financing: Follow-on
- Who is financing: Meyer Duffy & Associates, and others
- Personal Communications Interactive
- Rochester, NY
- General business: Communications
- Specific business: Mass market interactive voice communications services.
- Amount raised: $400,000
- Round of financing: Not Categorized
- Who is financing: Piper Jaffray Ventures Inc., St. Paul Venture Capital Inc.
- Tellium Inc.
- Raritan Center, NJ
- General business: Communications
- Specific business: Developing a very cost effective and efficient low noise broadband transmission technology that substantially increases c apacity of a fiber optic network by multiplying several optical signals at different wavelengths onto a single fiber.
- Amount raised: $8,300,000
- Round of financing: Initial/Seed
- Who is financing: Oak Investment Partners, Worldview Technology Partners, and others
- General business: Software & Information
