Corporate Profile for NewChannel, dated May 5, 2000.Business Editors --(BUSINESS WIRE) The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services.
Published Date: May 5, 2000
Company Name: NewChannel
Address: 370 Convention Way
Redwood City, CA 94063
Main Telephone
Number: 650/261-9500
Internet Home
Page Address
(URL): www.newchannel.com
Chief Executive
Officer: Christopher Risley
Chief Financial
Officer: Betty Kayton
Investor Relations
Contact: Betty Kayton
Business number: 650/261-9500
Public Relations
Contact: Kim Beasley
Business number: 650/261-9500
E-mail address: kbeasley@newchannel.com
Industry: High-Tech / ASP
Company Description: NewChannel is the first e-business (Electronic-BUSINESS) Doing business online. The term is often used synonymously with e-commerce, but e-business is more of an umbrella term for having a presence on the Web. service provider to deliver a Web-based sales channel that qualifies visitors and allows a sales professional to proactively contact the best prospects currently on the Web site. While most of today's e-commerce e-commerce, commerce conducted over the Internet, most often via the World Wide Web. E-commerce can apply to purchases made through the Web or to business-to-business activities such as inventory transfers. solutions are inbound in·bound 1 adj. Bound inward; incoming: inbound commuter traffic. Adj. 1. inbound and designed for Web retailing, NewChannel is creating a new Internet See Web 2.0 and Internet2. sales channel that enables companies to put their proactive, person-to-person sales teams to work on the Web. Using NewChannel, sales organizations can instantly evaluate Web site visitors based on their own sales criteria, and invite the most qualified prospects to engage in an online sales consultation. By capturing the moment when a qualified prospect has chosen to research the company's products and services, NewChannel customers multiply mul·ti·ply v. 1. To increase the amount, number, or degree of. 2. To breed or propagate. sales conversion rates, reduce sales cycles and achieve new revenue breakthroughs. As a hosted application, NewChannel delivers these benefits immediately with no upfront investment risk, making NewChannel the choice of business-to-business (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 ) leaders such as General Electric, Dell Computers, Micro PC, Sitel Corp., U S West and ValueWeb. Founded in 1996, NewChannel Inc. is based in Redwood City Redwood City, city (1990 pop. 66,072), seat of San Mateo co., W Calif., on San Francisco Bay; inc. 1868. Manufactures include commmunications, electrical, electronic, and medical equipment. , and is privately held. Additional information about NewChannel is available at www.newchannel.com or 650/261-9500. The company has grown more than 700 percent over last year. Leading investors include 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. , Calico Commerce, The Challenge Fund, Comdisco Ventures, Nexus Capital Partners, Riverside Holdings and VantagePoint Venture Partners. NewChannel has raised over $40 million to date. |
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