Branders.com Raises $20 Million in Latest Funding Round; Financing for Online Business-to-Business Promotional Products Provider Reaches $30 Million.Business Editors & High-Tech Writers SAN MATEO San Mateo (săn mətā`ō), city (1990 pop. 85,486), San Mateo co., W Calif., on San Francisco Bay; inc. 1894. It is a commercial and retail center with some high-technology manufacturing. San Mateo, Spanish for St. , Calif.--(BUSINESS WIRE)--Jan. 10, 2000 Branders.com (www.branders.com), the premier business-to-business online provider of promotional products, today announced that it has raised $20 million in its third round of financing. Total private funding secured by Branders.com to date is $30 million, a promotional products industry record. ABS (Automatic Backup System) See backup program. Ventures led the financing round, joining renowned Silicon Valley investors Menlo Ventures, Altos This article is about the town and district. For the operating system/trademark (now owned by Acer Sertek) see Xenix (disambiguation). Altos is a town in the Altos district of the Cordillera Department of Paraguay. Ventures, Doll doll, small figure of a human being, usually used as a child's toy. The many types of dolls found among the relics of primitive peoples were cult objects. Egypt, Greece, and Rome have left well-preserved dolls of wood, clay, bone, ivory, and bronze that were used Capital and Discovery Ventures. "These funds are critical in continuing the development of the very best products and services for our customer, the sales and marketing professional," said Jerry McLaughlin, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Branders.com. "With a combination of dedication to customer support and our advanced visualization Using the computer to convert data into picture form. The most basic visualization is that of turning transaction data and summary information into charts and graphs. Visualization is used in computer-aided design (CAD) to render screen images into 3D models that can be viewed from all technology, which allows customers to see online what the finished product will look like before they order, Branders.com is poised to revolutionize rev·o·lu·tion·ize tr.v. rev·o·lu·tion·ized, rev·o·lu·tion·iz·ing, rev·o·lu·tion·iz·es 1. To bring about a radical change in: Television has revolutionized news coverage. 2. the promotional products industry," McLaughlin added. Branders.com's latest financing round comes on the heels of two earlier venture rounds since May 1999. Investors expressed enthusiasm for the potential of selling promotional products online, citing strong customer demand and no viable online solution available today for the $13 billion industry. "We've financed more than 300 companies over the last 25 years, and Branders.com is one of the fastest-developing companies that I have ever been involved with," said DuBose Montgomery, general partner, Menlo Ventures. "Branders.com's business-to-business solution for custom-branded promotional items Promotional items or promotional products refers to articles of merchandise that are used in marketing and communication programs. The items are usually imprinted or decorated with a company's name, logo or message, using techniques such as Embroidery, Silkscreen, or is the right solution at the right time led by the right management team." Menlo Ventures ranks Branders.com highly on its roster of world-class Internet players, including Hotmail, UUNet Technologies and Infoseek. Branders.com, founded in February 1999 and launching later this month, introduces a new way to order promotional products: a one-stop shop One-Stop Shop A company or a location that offers a multitude of services to a client or a customer. The idea is to provide convenient and efficient service and also to create the opportunity for the company to sell more products to clients and customers. on the Web that allows users to "see before they buy." The site allows buyers to customize products with their logo, view the results and place orders all instantly online. Branders.com reduces time needed for purchase from an industry average of 21 days today to fifteen minutes online, said McLaughlin. "I've looked at over 200 business-to-business e-commerce companies, and Branders.com has one of the top business models I've seen," said Gretchen Teagarden, principal and research analyst, Thomas Weisel & Partners. About Branders.com Branders.com is the premier online provider of custom-branded promotional items. The company offers more than 2000 products from over 35 major suppliers with online finding, branding and purchasing tools. At the site, corporate buyers and agencies will find many special online features including project folders, instant price quotes and PhotoSample(TM) technology, allowing buyers to customize promotional products and view them in real time. Branders.com has headquarters in San Mateo. |
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