[MD1] Garage.com Receives $12 million Investment
TweetFollow Us on Twitter

[MD1] Garage.com Receives $12 million Investment

Just in case you were interested in what Guy Kawasaki is up to these days...

FOR IMMEDIATE RELEASE

Garage.com Receives $12 million Investment from E*TRADE, ATV, Mayfield
Fund, and Credit Suisse First Boston Technology Group

Web-based Firm Raises More Than $60 Million for 20 Technology Startups in 1999

PALO ALTO, Calif., September 13, 1999 -- Garage.com, a Web-based
early-stage venture financing firm, today announced it has successfully
completed a $12 million round of financing led by E*TRADE Group (NASDAQ:
EGRP) with additional investments from Advanced Technology Ventures,
Mayfield Fund, Credit Suisse First Boston Technology Group, and other
investors. Garage.com will use the funds to continue to expand its
operations from Silicon Valley, Boston, and Seattle into high tech centers
throughout the United States and around the world.

"The private equity market is experiencing explosive growth. Thousands of
talented entrepreneurs in garages around the world need seed capital to get
their companies up and running," said Guy Kawasaki, CEO of Garage.com.
"Garage.com successfully partners talented entrepreneurs with strategic
investors, helping them build great high tech companies. The additional
capital from E*TRADE and our other investors allows us to grow rapidly,
expand into high tech corridors around the world, and further reinforces
Garage.com's position as a leader in this market."

Garage.com, through its wholly-owned broker/dealer subsidiary, Garage.com
Securities, has helped 20 technology startup companies raise more than $60
million in seed capital since January 1, 1999. Among the recently funded
startups are iCopyright, Korobra, Tripwire Security Systems, Startups.com,
Virtualis, and WebOrder.

Garage.com Powers High Tech Startups
Garage.com uses the Web to match high-quality entrepreneurs with
experienced high tech venture investors. A network of leading professional
service firms including PricewaterhouseCoopers, ABD Services, Venture Law
Group, Silicon Valley Bank, and Heidrick & Struggles supports Garage.com
and its startups.

"Garage.com will provide E*TRADE with access to a steady stream of
high-quality startup investment opportunities," said Tom Bevilacqua,
E*TRADE's executive vice president of corporate development and strategic
investments. "E*TRADE will leverage Garage.com's proven ability to identify
emerging trends in technology and investment strategies, and together we
will work to create new services for our customers."

About Garage.com
Garage.com offers entrepreneurs and investors an innovative, Web-based
approach to high tech and medical sciences venture financing and investing.
In conjunction with its broker/dealer affiliates, garage.com helps
entrepreneurs attract the high quality investors they need, and investors
find the outstanding startups they want to fund. Founding sponsors of
Garage.com include Venture Law Group, Advanced Technology Ventures,
PricewaterhouseCoopers, Microsoft, ABD Services, Credit Suisse First Boston
Technology Group, Heidrick & Struggles, and Silicon Valley Bank. Find out
more by visiting http://www.garage.com/inTheNews.shtml.

About E*TRADE
E*TRADE, a global leader in online personal financial services, has emerged
as the world's most-visited online investing site. The content-rich
destination E*TRADE Web site offers value-added investing and research
features, premium customer service, and a fully redundant, proprietary
Stateless Architecture(SM) infrastructure. E*TRADE intends to expand its
global positioning by launching branded Web sites in the top 20 financial
markets worldwide. E*TRADE Securities Inc. (Member NASD/SIPC), and its
parent company, E*TRADE Group Inc., are headquartered in Menlo Park, Calif.

About Advanced Technology Ventures
Advanced Technology Ventures is a leading bi-coastal venture capital firm
focusing on opportunities in information technology and health care. ATV's
management experience, technology expertise, global network of industry
contacts, and collaborative style has helped more than 100 companies
navigate from inception to IPO and beyond. With more than $300 million
currently under management, ATV's investment philosophy centers on
collaborative, active participation with the management teams of its
portfolio companies. For more information, visit http://www.atvcapital.com.

About Mayfield Fund
Mayfield Fund is a private venture capital partnership based in Menlo Park,
California. Since Mayfield's founding in 1969, the firm has invested in
more than 300 companies and has taken approximately 85 companies public.
Today, these Mayfield-backed companies represent an aggregate market value
of more than $100 billion. A partial list of Mayfield's portfolio companies
include: BroadVision, Inc; Citrix Systems; Compaq Computers; Legato
Systems, Inc.; Millennium Pharmaceuticals; Redback Networks; and Third
Voice, Inc. Find out more by visiting http://www.mayfield.com/.

About Credit Suisse First Boston
Credit Suisse First Boston is a leading global investment banking firm,
providing comprehensive financial advisory, capital raising, sales and
trading, and financial products for users and suppliers of capital around
the world. It operates in over 60 offices across more than 30 countries and
has over 14,000 employees. For the year ended December 31, 1998, CSFB had
$6.7 billion in revenues, $7.1 billion in equity, and $291 billion in
assets. The Firm is a wholly-owned subsidiary of the Zurich-based Credit
Suisse Group.

Contact:
Geoff Baum
Garage.com
650-470-0950
press@garage.com

 

Community Search:
MacTech Search:

Software Updates via MacUpdate

Vivaldi 1.10.867.48 - An advanced browse...
Vivaldi is a browser for our friends. In 1994, two programmers started working on a web browser. Our idea was to make a really fast browser, capable of running on limited hardware, keeping in mind... Read more
EarthDesk 7.2 - Striking real-time anima...
EarthDesk replaces your static desktop picture with a rendered image of Earth showing correct sun, moon, and city illumination. With an Internet connection, EarthDesk displays near-real-time global... Read more
Fission 2.3.2 - Streamlined audio editor...
Fission can crop and trim audio, paste in or join files, or just rapidly split one long file into many. It's streamlined for fast editing. Plus, it works without the quality loss caused by other... Read more
Drive Genius 5.0.3 - Powerful system uti...
Drive Genius gives you faster performance from your Mac while also protecting it. The award-winning and improved DrivePulse feature alerts you to hard drive issues before they become major problems.... Read more
iDefrag 5.2.0 - Disk defragmentation and...
iDefrag helps defragment and optimize your disk for improved performance. iDefrag Features Supports HFS and HFS+ (Mac OS Extended). Supports case sensitive and journaled filesystems. Supports... Read more
Things 3.1.1 - Elegant personal task man...
Things is a task management solution that helps to organize your tasks in an elegant and intuitive way. Things combines powerful features with simplicity through the use of tags and its intelligent... Read more
GraphicConverter 10.4.3 - $39.95
GraphicConverter is an all-purpose image-editing program that can import 200 different graphic-based formats, edit the image, and export it to any of 80 available file formats. The high-end editing... Read more
Google Chrome 60.0.3112.78 - Modern and...
Google Chrome is a Web browser by Google, created to be a modern platform for Web pages and applications. It utilizes very fast loading of Web pages and has a V8 engine, which is a custom built... Read more
PDFpenPro 9.1 - Advanced PDF toolkit for...
PDFpenPro allows users to edit PDF's easily. Add text, images and signatures. Fill out PDF forms. Merge or split PDF documents. Reorder and delete pages. Create fillable forms and tables of content... Read more
PDFpen 9.1 - $74.95
PDFpen allows users to easily edit PDF's. Add text, images and signatures. Fill out PDF forms. Merge or split PDF documents. Reorder and delete pages. Even correct text and edit graphics! Features... Read more

Latest Forum Discussions

See All

Niantic reveals more Pokémon GO legendar...
Oof. Pokémon GO Fest Chicago was pretty much a fiasco, huh? Niantic is feeling the heat from fans for their first big event that ultimately ended in failure. So much so that they've released a much longer apology that gives a full run down of... | Read more »
The 5 best life-saving apps for dog owne...
While it's true that dogs are man's best friend, they're also a pretty big responsibility. We want to give our dogs the best lives, but with busy schedules that's not always easy. Luckily, though, there are a bunch of quality apps out there that... | Read more »
Mix and match magical brews in Miracle M...
Miracle Merchant, the charming fantasy card game by Tiny Touch Tales, is arriving next week. The development team, which also brought you Card Crawl and Card Thief, announced the game's launch with a pleasant little trailer that showcases the game'... | Read more »
Last Day on Earth: Zombie Survival guide...
Last Day on Earth: Zombie Survival is the latest big hit in the survival game craze. The gist of the game is pretty cut and dry -- try your best to survive in a world overrun by flesh-eating zombies. But Last Day on Earth justifies the hype... | Read more »
Eden: Renaissance (Games)
Eden: Renaissance 1.0 Device: iOS Universal Category: Games Price: $4.99, Version: 1.0 (iTunes) Description: Eden: Renaissance is a thrilling turn-based puzzle adventure set in a luxurious world, offering a deep and moving... | Read more »
Glyph Quest Chronicles guide - how to ma...
Glyph Quest returns with a new free-to-play game, Glyph Quest Chronicles. Chronicles offers up more of the light-hearted, good humored fantasy fun that previous games featured, but with a few more refined tricks up its sleeve. It's a clever mix of... | Read more »
Catch yourself a Lugia and Articuno in P...
Pokémon Go Fest may have been a bit of a disaster, with Niantic offering fans full refunds and $100 worth of in-game curency to apologize for the failed event, but that hasn't ruined trainers' chances of catching new legendary Pokémon. Lugia nad... | Read more »
The best deals on the App Store this wee...
There are quite a few truly superb games on sale on the App Store this week. If you haven't played some of these, many of which are true classics, now's the time to jump on the bandwagon. Here are the deals you need to know about. [Read more] | Read more »
Realpolitiks Mobile (Games)
Realpolitiks Mobile 1.0 Device: iOS Universal Category: Games Price: $5.99, Version: 1.0 (iTunes) Description: PLEASE NOTE: The game might not work properly on discontinued 1GB of RAM devices (iPhone 5s, iPhone 6, iPhone 6 Plus, iPad... | Read more »
Layton’s Mystery Journey (Games)
Layton’s Mystery Journey 1.0.0 Device: iOS Universal Category: Games Price: $15.99, Version: 1.0.0 (iTunes) Description: THE MUCH-LOVED LAYTON SERIES IS BACK WITH A 10TH ANNIVERSARY INSTALLMENT! Developed by LEVEL-5, LAYTON’S... | Read more »

Price Scanner via MacPrices.net

Photographer Explains Choosing Dell Laptop Ov...
Last week photographer and video blogger Manny Ortiz posted a video explaining the five most important reasons he settled on a Dell XPS 15 laptop instead of a MacBook Pro for his latest portable... Read more
Sale! 10-inch iPad Pros for $50 off MSRP, no...
B&H Photo has 64GB and 256GB 10.5″ iPad Pros in stock today and on sale for $50 off MSRP. Each iPad includes free shipping, and B&H charges sales tax in NY & NJ only: – 10.5″ 64GB iPad... Read more
WaterField Designs Upgrades TSA-friendly Zip...
San Francisco based designer and manufacturer Waterfield Designs has unveiled an upgraded and refined Zip Brief. Ideal for the minimalist professional, the ultra-slim Zip laptop bag actually holds a... Read more
USB 3.0 Promoter Group Announces USB 3.2 Upda...
The USB 3.0 Promoter Group has announced the pending release of the USB 3.2 specification, an incremental update that defines multi-lane operation for new USB 3.2 hosts and devices. USB Developer... Read more
Save on MacBook Pros with Apple Refurbished 2...
Apple recently dropped prices on Certified Refurbished 2016 15″ and 13″ MacBook Pros with models now as much as $590 off original MSRP. An Apple one-year warranty is included with each model, and... Read more
13-inch 2.3GHz/256GB MacBook Pros on sale for...
B&H Photo has 13″ 2.3GHz/256GB MacBook Pros in stock today and on sale for $100 off MSRP including free shipping plus NY & NJ sales tax only: – 13-inch 2.3GHz/256GB Space Gray MacBook Pro (... Read more
Clearance 2016 13-inch MacBook Airs, Apple re...
Apple has Certified Refurbished 2016 13″ MacBook Airs available starting at $809. An Apple one-year warranty is included with each MacBook, and shipping is free: – 13″ 1.6GHz/8GB/128GB MacBook Air: $... Read more
PHOOZY World’s First Thermal Capsules to Summ...
Summer days spent soaking up the sun can be tough on smartphones, causing higher battery consumption and overheating. To solve this problem, eXclaim IP, LLC has introduced the PHOOZY Thermal Capsule... Read more
2018 Honda Ridgeline with Android Auto and Ap...
The 2018 Honda Ridgeline is arriving in dealerships nationwide with a Manufacturer’s Suggested Retail Price (MSRP1) starting at $29,630. The 2017 Honda Ridgeline was named North American Truck of the... Read more
comScore Ranks Top 15 U.S. Smartphone Apps fo...
comScore, Inc. recently released data from comScore Mobile Metrix, reporting the top smartphone apps in the U.S. by audience reach for June 2017. * “Apple Music,” as it appears in comScore’s monthly... Read more

Jobs Board

*Apple* Retail - Multiple Positions - Apple,...
Job Description: Sales Specialist - Retail Customer Service and Sales Transform Apple Store visitors into loyal Apple customers. When customers enter the store, Read more
Frameworks Engineering Manager, *Apple* Wat...
Frameworks Engineering Manager, Apple Watch Job Number: 41632321 Santa Clara Valley, California, United States Posted: Jun. 15, 2017 Weekly Hours: 40.00 Job Summary Read more
*Apple* Solutions Consultant (ASC) - Poole -...
Job Summary The people here at Apple don't just create products - they create the kind of wonder that's revolutionised entire industries. It's the diversity of those Read more
SW Engineer *Apple* TV - Apple Inc. (United...
Changing the world is all in a day's work at Apple . If you love innovation, here's your chance to make a career of it. You'll work hard. But the job comes with more Read more
Frameworks Engineering Manager, *Apple* Wat...
Frameworks Engineering Manager, Apple Watch Job Number: 41632321 Santa Clara Valley, California, United States Posted: Jun. 15, 2017 Weekly Hours: 40.00 Job Summary Read more
All contents are Copyright 1984-2011 by Xplain Corporation. All rights reserved. Theme designed by Icreon.