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
Shopping Site Gilt Group Raises $40M at $400M Val
Thursday July 2, 2009
NYC's private shopping firm Gilt Groupe has raised $40M from General Atlantic and Matrix Partners at a $400M valuation. Gilt Groupe provides access, by invitation only, to men’s, women’s and children’s fashion and luxury brands at discount pri... Full Story
AH Belo Joins $2M Investment In Real Estate Search Tool Sawbuck
Thursday July 2, 2009
AH Belo (NYSE: BLC) has led a $2M investment in online real estate brokerage Sawbuck Realty. Sawbuck is an online real estate broker that connects consumers with local real estate agents. Sawbuck takes a cut of any commissions. The company’s servi... Full Story
Categories
- Venture Capital (279)
- Advertising (411)
- Aircraft (15)
- Alternative Energy (233)
- ASP (38)
- Batteries (9)
- Biometrics (3)
- Communications (57)
- Digital Hollywood (16)
- Digital Home (34)
- eCommerce (419)
- Educational Software (25)
- eHealth (25)
- Email Software (5)
- Enterprise Software (240)
- Euro Ventures (81)
- File Sharing (22)
- Financial Software (29)
- Games (171)
- Hardware (44)
- Homeland Security (7)
- IMterviews (6)
- IPO (39)
- Jobs (44)
- Media (334)
- Nanotechnology (14)
- Networking (91)
- News & Updates (1386)
- Online (5)
- Peripherals (38)
- Photo Software (46)
- Publishing (7)
- RFID (3)
- Robots (15)
- Satellites (7)
- Search (196)
- Security (91)
- Semiconductors (70)
- Social Networking (402)
- Space (1)
- Sponsored Post (11)
- Storage (39)
- Tech stocks (176)
- Telecom Equipment (10)
- Transportation (1)
- Video (218)
- Voice (65)
- Web 2.0 (127)
- Web Development (5)
- Where Are They Now (29)
- Wireless (358)
Post a comment