Collabria, Inc. Approaches 11,000 Transactions for Month of January; Rapid Growth in Customers and Transactions Further Validates B2B Business Model.Business Editors & High-tech Writers MENLO PARK Menlo Park. 1 Residential city (1990 pop. 28,040), San Mateo co., W Calif.; inc. 1874. Electronic equipment and aerospace products are manufactured in the city. Menlo College and a Stanford Univ. research institute are there. 2 Uninc. , Calif.--(BUSINESS WIRE)--Feb. 16, 2000 Collabria, Inc.(TM), provider of the only total e-business solution for the printing and publishing industry, today announced that nearly 11,000 transactions were completed during January through its Collabria PrintCommerce eCatalog(TM) online print management solution -- the highest level to date. Transactions have grown 600% during the past six months. In addition, the company announced that it now has more than 400 customers using its Internet-based services. This announcement comes just a week after the company announced it has secured more than $46 million in investment funding. "Our rapid growth in both customers and transactions, as well as the recent commitment of investor funding, provides further validation See validate. validation - The stage in the software life-cycle at the end of the development process where software is evaluated to ensure that it complies with the requirements. of our business model," noted Collabria 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. Alan Hu. "We believe that this impressive market share growth reflects our differentiation from other online printing services. The marketplace ultimately determines the best solutions. "The marketplace is choosing Collabria overwhelmingly. PrintCommerce is by far the most widely used print e-business solution in the industry today. And with many more customers preparing to come online in the upcoming weeks and months, we expect the pace of growth to accelerate even more." Collabria's service-based system enables print buyers, printers and print resellers to conduct all aspects of e-business via the Internet, offering the only true end-to-end solution (jargon) end-to-end solution - (E2ES) A term that suggests that the supplier of an application program or system will provide all the hardware and/or software components and resouces to meet the customer's requirement and no other supplier need be involved. Compare: turn-key solution. . Collabria's suite of products, including PrintCommerce eCatalog(TM) and PrintCommerce eTracker(TM), includes modules for online collaborative project management, catalogs for reordering re·or·der v. re·or·dered, re·or·der·ing, re·or·ders v.tr. 1. To order (the same goods) again. 2. To straighten out or put in order again. 3. To rearrange. v. templated documents with static and variable data and solutions for full supply-chain integration. Unlike superficial superficial /su·per·fi·cial/ (-fish´al) pertaining to or situated near the surface. su·per·fi·cial adj. 1. Of, affecting, or being on or near the surface. 2. portal solutions, Collabria's Intelligent Print Workplace integrates all functions and players, returning tangible cost savings throughout the entire printing and publishing process. PrintCommerce eTracker greatly enhances the efficiency of corporate project managers and their preferred printer by:
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-- allowing all members of the print job project team to work with
the same project information (e.g., schedules, job specification,
digital assets) available anytime from anywhere,
-- automatically notifying team members of changes in job
specifications, schedules, and digital assets,
-- providing a convenient upload, review and approval solution for
digital files,
-- tracking project milestones and alerting team members when
milestones are in danger of being missed,
-- providing a digital repository for completed print projects,
including digital files and job specifications, and providing
convenient search, retrieval and reporting tools.
eTracker is the latest addition to Collabria's PrintCommerce suite of eBusiness offerings. Collabria comprehensive system enables corporate customers to conduct business with their preferred print vendors via a secure, customized Internet site. PrintCommerce has been in production for over two years, and currently facilitates eCommerce between hundreds of corporate customers, printers and print resellers. About Collabria, Inc. Founded in 1997, Collabria is the creator of the Intelligent Print Workplace(TM), a comprehensive set of Internet-based solutions for the Print industry. From job creation to job production, Collabria offers the only complete solution for handling enterprise-wide printing and addressing its inherent inefficiencies. Focused on relationship-centric solutions, Collabria provides a no-conflict system designed to enhance existing relationships between corporate customers, their printers, and their print resellers. Marketing and Purchasing Managers A Purchasing Manager is an employee within a company, business or other organization who is responsible at some level for buying or approving the acquisition of goods and services needed by the company. realize significant savings from on-line project management, print ordering and distribution efficiencies. Printers and Resellers take advantage of these solutions to expand and strengthen their customer relationships while realizing hard dollar savings from simplified and automated business processes Many computer systems are available in the commercial marketplace that address the various aspects of Business Process Management. Most address one specific set of functionality; for instance, some allow the processes to be mapped (see Business Process Mapping) and documented (such as . Founded by marketing and printing industry veterans with an insider's clarity of the pains and challenges, Collabria is funded by premier 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] including Bessemer Venture Partners Bessemer Venture Partners is a private venture capital firm with offices in Silicon Valley, New York, Massachusetts, China, and India. It has backed such companies as Ciena, Flarion, Parametric Technologies, Skype, Staples, VeriSign and Veritas. , Weiss, Peck peck: see English units of measurement. & Greer, the Internet Capital Group and ABS (Automatic Backup System) See backup program. Ventures. |
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