Clareon Corp. Expands to San Francisco.Business/Technology Editors PORTLAND, Maine--(BUSINESS WIRE)--July 31, 2000 Clareon Corporation, developer of the first business-to-business payment network for secure, information-rich, Internet-based digital transactions, today announced its expansion to the San Francisco Bay area “Bay Area” redirects here. For other uses, see Bay Area (disambiguation). The San Francisco Bay Area, colloquially known as the Bay Area or The Bay . Clareon's downtown San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden office, located at 455 Market Street, will support existing West Coast business development and sales activity as well as some technology operations. "Clareon's expansion to the West Coast is fueled by both our continued growth and the tremendous amount of interest we've received from potential business partners," said Paul Walsh Paul Anthony Walsh (born 1 October 1962 in Plumstead, London) was a diminutive and pacy centre forward who shot to fame in the 1980s after joining Liverpool. Playing career Charlton Athletic , chief executive officer of Clareon Corp. "As one of the technology capitals of the world, the San Francisco Bay area is home to some of the nation's most successful technology ventures, making it an ideal location for our West Coast business development team." Vice President of Business Development Jason Greenman will serve as general manager of the office, leading its growth. Clareon expects to fill a number of business development, sales and technical support positions for its new location within the next twelve months. About Clareon Clareon Corporation, launched in March 2000, has pioneered the first, bank-neutral, business-to-business payment network to support secure, information-rich, Internet-based digital transactions between companies doing business on the World Wide Web. Clareon's payment network is based on technology originally developed by a consortium of leading financial institutions and technology providers for the U.S. Treasury U.S. Treasury Created in 1798, the United States Department of the Treasury is the government (Cabinet) department responsible for issuing all Treasury bonds, notes and bills. Some of the government branches operating under the U.S. Treasury umbrella include the IRS, U.S. Department in 1998. The high-speed, real-time, high-volume business payment network enables businesses to realize significant cost savings and the ability to transact An earlier e-commerce system for the Web from Open Market that included order capture and secure order fulfillment using credit cards, ecash and other payment systems. It included customer service and subscription administration capabilities as well as an integrated database for reporting electronic payments between any company, anywhere, regardless of geography or existing bank relationships. Clareon has secured $15 million in venture funding from the Mayfield Fund Mayfield Fund is a venture capital firm located on Sand Hill Road in Menlo Park, California, home to many of Silicon Valley's leading venture capital firms. Mayfield was founded in 1969 by Tommy Davis, one of the first venture capitalists. , Berkshire Partners LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control and BancBoston Ventures. The company employs 45 people and is headquartered in Portland, Maine's historic Old Port. For more information on Clareon, visit www.clareon.net. |
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