eCommerce - Wednesday, March 26, 2008
RichFX Salvaged By Channel Advisor For $3.1M After It Blew Through $60M
RichFX was bought for $3.1M by rival ChannelAdvisor. RichFX had raising $60M from venture capital funds. To some extent this is a win for the startup as it had filed for Chapter 11 last year. ChannelAdvisor is also well funded, having raised $50M.
RichFX has rolled through any number of business plans. It currently hosts rich media assets, primarily for eCommerce companies.
Richfx Handiwork
RichFX was founded in 1998. At one time, the company had 130 employees and was bank-rolled by 18 firms, a list which includes RealNetworks, Itochu, and Israeli tech giant Yossi Vardi.
View - site
More Recent Articles
LivingSocial Group Buying Raises $25M For City Expansion
Thursday March 11, 2010
LivingSocial.com out of Washington, D.C. has raised $25M in Series B led by U.S. Venture Partners with return backers Grotech Ventures and Steve Case’s Revolution LLC. The company previously raised a $5M Series A round. LivingSocial has a few prod... Full Story
SunEdison Gets Green Light For Solar Plant In Italy
Thursday March 11, 2010
As solar companies from around talk about growing sales in Italy, SunEdison (WFR:NYSE) announced today that it will soon begin construction on the largest photovoltaic (PV) solar power plant in Italy because they have received final approval from th... Full Story
Categories
- Venture Capital (289)
- Advertising (459)
- Aircraft (17)
- Alternative Energy (308)
- ASP (39)
- Batteries (10)
- Biometrics (3)
- Biotechnology (10)
- Communications (63)
- Digital Hollywood (18)
- Digital Home (36)
- eCommerce (477)
- Educational Software (33)
- eHealth (32)
- Email Software (7)
- Enterprise Software (262)
- Euro Ventures (133)
- File Sharing (23)
- Financial Software (47)
- Food (4)
- Games (191)
- Hardware (46)
- Homeland Security (7)
- IMterviews (6)
- IPO (42)
- Jobs (50)
- Media (361)
- Nanotechnology (14)
- Networking (96)
- News & Updates (1387)
- Online (20)
- Peripherals (42)
- Photo Software (49)
- Publishing (9)
- RFID (3)
- Robots (15)
- Satellites (8)
- Search (212)
- Security (95)
- Semiconductors (75)
- Social Networking (430)
- Space (1)
- Sponsored Post (11)
- Storage (41)
- Tech stocks (327)
- Telecom Equipment (16)
- Transportation (4)
- Video (237)
- Voice (67)
- Web 2.0 (141)
- Web Development (9)
- Where Are They Now (30)
- Wireless (388)
Post a comment