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Clickmail Secures First Round Financing From Flatiron Partners and Chase Capital Partners.


NEW YORK--(BUSINESS WIRE)--November 4, 1999--

Initial Funding Fuels Development of Internet's

First Word of Mouth Marketing Platform

Clickmail, Inc., the developer of innovative Internet-based word of mouth networks, today announced that it has received $2.5 million in first round financing from an investor group led by Flatiron Partners, the preeminent Internet-focused Silicon Alley venture capital firm.

"This funding from Flatiron Partners allows us to transform our revolutionary vision into an exciting reality," said P.J. Stafford, 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.  and co-founder, Clickmail. "Flatiron's industry expertise, influential relationships and renowned experience are proving to be invaluable resources as Clickmail prepares to launch its first product next month."

"With more than 4 trillion e-mails sent annually in the U.S. alone, there exists a tremendous opportunity for companies to leverage word of mouth marketing technology in a way that propels audience and customer acquisition," noted Fred Wilson, Managing Partner, Flatiron Partners.

About Clickmail, Inc.

Clickmail, Inc. is the creator of imaginative Internet-based word of mouth networks. Its first innovation features a Web-based platform that empowers its users to transform previously routine e-mails into vibrant expressions of personal suggestions. Through the seamless integration of interactive graphics, Clickmail provides senders with an inventive, personal vehicle that helps them share valuable online "finds" and voice their opinions of the Web sites, causes and products they advocate and recommend.

The Clickmail server-side side solution also equips e-businesses and Web site managers with a potent tool that encourages their visitors and customers to promote their sites via the most powerful channel of marketing: one-to-one, word of mouth recommendations from a trusted source.

Clickmail, Inc. is based in New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 and currently employs 30 people. A preview site is available at www.banner-email.com.

About Flatiron Partners

Flatiron Partners (www.flatironpartners.com) is one of the preeminent Internet-focused venture capital firms Name Location Founding date Managing Partners/Directors Specialty Capital managed
5AM Ventures Menlo Park, CA; Waltham, MA 2002 John Diekman, PhD (managing partner), Scott Rocklage, PhD (managing partner), Andrew Schwab (managing partner) life sciences $200M [1]
. The firm is a pioneer in Internet investing, having helped to establish more than two dozen companies, including some of the best-known businesses of the Internet Age such as GeoCities, StarMedia (Nasdaq: STRM STRM Stream (US Postal service standard street suffix)
STRM Starmedia Network, Inc. (stock symbol)
STRM System Trouble Report Menu
STRM Streamer
), TheStreet.com (Nasdaq: TSCM TSCM technical surveillance countermeasures (US DoD)
TSCM Tactical Strike Coordination Manager
TSCM Tactical Strike Coordination Module
TSCM Temperature Scram Circuit Monitor
TSCM Tomahawk Strike Coordination Module
), iXL (Nasdaq: IIXL), ITXC (Internet Telephony Exchange Carrier Corporation, Princeton, NJ, www.itxc.com) The largest IP exchange carrier in the world. ITXC was acquired by wholesale telco provider Teleglobe Bermuda Ltd. in 2004 and then by Videsh Sanchar Nigam Ltd.  (Nasdaq: ITXC), eShare Technologies (Nasdaq: ESHR), and Multex.com (Nasdaq: MLTX).

About Chase Capital Partners

Chase Capital Partners (www.chasecapital.com) is a global private equity organization with approximately $7 billion under management. CCP (Certified Computer Professional) The award for successful completion of a comprehensive examination on computers offered by the ICCP. See ICCP and certification.
.

1. (language) CCP - Concurrent Constraint Programming.
2.
 is an affiliate of The Chase Manhattan Bank The Chase Manhattan Bank, now part of JPMorgan Chase, was formed by the merger of the Chase National Bank and the Bank of the Manhattan Company in 1955. The bank is headquartered in New York City. , which is a subsidiary of The Chase Manhattan Corporation The Chase Manhattan Corporation was a bank holding company formed as parent of the Chase Manhattan Bank.

During its time as the parent company, it was led in succession by David Rockefeller, Willard C. Butcher, and Thomas G. Labrecque.
, one of the largest bank holding companies in the United States. Since its inception in 1984, CCP has closed more than 700 individual transactions in North America, Europe, Asia and Latin America.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Nov 4, 1999
Words:429
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