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Collabria Secures Funding in Excess of $46 Million From Premier Internet Investment Firms; Funding Commitment Continues to Validate Collabria's Superior Business Model and Technology.


Business Editors/Technology 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)--Jan. 25, 2000

Collabria, Inc., provider of the only total e-business solution for the printing and publishing industry, today announced that it has secured more than $46 million in investment funding. The funds will be used to continue the development of e-service modules to strengthen Collabria's Intelligent Print Workplace as well as to dramatically increase sales and marketing efforts.

Leading this round of funding is ABS (Automatic Backup System) See backup program.  Ventures, with additional funding from Charter Ventures, Comdisco Ventures, Mitsui Corporation, Sands Brothers and several private investors. Original investors 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 &Greer and Internet Capital Group have also increased their investment in Collabria.

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 and WebDocket, 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 e-business portal solutions, Collabria's Intelligent Print Workplace integrates all functions and players, returning tangible cost savings throughout the total printing and publishing process.

&uot;We're extremely pleased to welcome our new venture partners,&uot; stated Alan Hu, 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.  of Collabria. &uot;Coupled with the endorsement of over 300 customers, this commitment from such a distinguished group of inventors further provides validation of our business model and ability to execute.&uot;

&uot;ABS Ventures believes that for B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G.

B2B - business to business
 companies to truly meet and exceed customer expectations, they must provide total and deep industry solutions that integrate and benefit all players involved,&uot; stated Jin Byun of ABS Ventures. &uot;Collabria's true end-to-end solutions are unique in the printing and publishing industry and so is their collaborative business model.&uot;

About Collabria

Founded in 1997, Collabria is the creator of the Intelligent Print Workplace, a comprehensive set of Internet-based end-to-end solutions for the printing and publishing industry. Collabria offers the only complete solution to handle enterprise-wide printing and customized marketing, thereby addressing the inefficiencies of print, supply chain and procurement management. Focused on relationship-centric solutions, Collabria provides the only 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, Weiss, Peck &Greer, the Internet Capital Group and ABS Ventures.
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Date:Jan 25, 2000
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