Follow the Money.
Follow the Money
A ROUNDUP OF RECENT LOCAL FUNDINGS
Recipient Web Amount
Address Address (in millions)
City/Zip
Addition Systems addition.net WND
2221 Park Place
El Segundo 90245
iBlast iblast.com $10.2
100 N. Crescent Drive, 2nd Floor
Beverly Hills 90210
Recipient Type of Funding Closing
Address Round Date
City/Zip
Addition Systems acquisition June 20
2221 Park Place NA
El Segundo 90245
iBlast venture June 6
100 N. Crescent Drive, 2nd Floor third
Beverly Hills 90210
Recipient Anticipated Use
Address
City/Zip
Addition Systems Loudeye Technologi
2221 Park Place
El Segundo 90245
iBlast working capital
100 N. Crescent Drive, 2nd Floor
Beverly Hills 90210
Recipient Funding Source(s)
Address
City/Zip
Addition Systems Seattle-based Loudeye
2221 Park Place Technologies Inc. acquired
El Segundo 90245 Addition Systems
iBlast Gannett, Cox Broadcasting, Washington
100 N. Crescent Drive, 2nd Floor Post Co., Media General, EMMIS Com-
Beverly Hills 90210 munications, Smith Broadcasting Group
Recipient Recipient's
Address Core
City/Zip Business
Addition Systems developer of server-side
2221 Park Place streaming ad and content
El Segundo 90245 insertion solutions
iBlast wireless digital
100 N. Crescent Drive, 2nd Floor distribution network
Beverly Hills 90210
WND - Would not disclose
Source: Business Journal Research
COPYRIGHT 2001 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.
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