A ROUNDUP OF RECENT LOCAL FUNDINGS.
A ROUNDUP OF RECENT LOCAL FUNDINGS
Recipient Web Amount
Address Address (in millions)
City/Zip
TheBrain Technologies Corp. thebrain.com $16
1601 Colorado Ave.
Santa Monica 90404
Irise irise.com 3.5
2101 Rosecrans Ave., Suite 1250
El Segundo 90245
Recipient Type of Funding Closing
Address Round Date
City/Zip
TheBrain Technologies Corp. venture Apr. 24
1601 Colorado Ave. second
Santa Monica 90404
Irise angel Apr. 20
2101 Rosecrans Ave., Suite 1250 first
El Segundo 90245
Recipient Anticipated Use
Address
City/Zip
TheBrain Technologies Corp. product development,
1601 Colorado Ave. sales & marketing
Santa Monica 90404
Irise expansion capital, staffing,
2101 Rosecrans Ave., Suite 1250 streamline operations, investments
El Segundo 90245
Recipient Funding Source(s)
Address
City/Zip
TheBrain Technologies Corp. GE Equity, Accenture Technology
1601 Colorado Ave. Ventures, TH Lee. Putnam
Santa Monica 90404 Internet Partners
Irise Sy Kaufman (founder and manag-
2101 Rosecrans Ave., Suite 1250 ing partner, Crosslink Capital), Bill
El Segundo 90245 Greeley, Phil Underwood
Recipient Recipient's
Address Core
City/Zip Business
TheBrain Technologies Corp. visual information access
1601 Colorado Ave. and navigation technology
Santa Monica 90404
Irise software implementation com-
2101 Rosecrans Ave., Suite 1250 pany focused on Java-based
El Segundo 90245 Internet applications
Source: Business Journal Research
COPYRIGHT 2001 CBJ, L.P.
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Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.
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