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
Does A Tough Quarter For Evergreen Solar And Energy Conversion Devices Mean First Solar Will Follow?
Tuesday February 9, 2010
Solar investors probably tossed and turned in their beds last night after reading the quarterly reports for Evergreen Solar (ESLR:NASDAQ) and Energy Conversion Devices (ECD) (ENER:NASDAQ). With both companies reporting revenue declines and larger th... Full Story
Petra Solar Raises $40M For Utility Pole Panels
Tuesday February 9, 2010
Petra Solar out of South Plainfield, NJ has raised $40M in 2nd-round funding. Craton Equity Partners and EspĂrito Santo Ventures co-led the round and were joined by return backers Element Partners, Blue Run Ventures, OnPoint Technologies and Kuwait... Full Story
Categories
- Venture Capital (288)
- Advertising (451)
- Aircraft (17)
- Alternative Energy (300)
- ASP (39)
- Batteries (10)
- Biometrics (3)
- Biotechnology (9)
- Communications (63)
- Digital Hollywood (18)
- Digital Home (35)
- eCommerce (468)
- Educational Software (31)
- eHealth (31)
- Email Software (7)
- Enterprise Software (260)
- Euro Ventures (129)
- File Sharing (23)
- Financial Software (43)
- Food (3)
- Games (185)
- Hardware (46)
- Homeland Security (7)
- IMterviews (6)
- IPO (42)
- Jobs (49)
- Media (360)
- Nanotechnology (14)
- Networking (95)
- News & Updates (1387)
- Online (17)
- Peripherals (42)
- Photo Software (49)
- Publishing (9)
- RFID (3)
- Robots (15)
- Satellites (8)
- Search (209)
- Security (95)
- Semiconductors (75)
- Social Networking (426)
- Space (1)
- Sponsored Post (11)
- Storage (41)
- Tech stocks (308)
- Telecom Equipment (16)
- Transportation (3)
- Video (234)
- Voice (67)
- Web 2.0 (140)
- Web Development (8)
- Where Are They Now (30)
- Wireless (384)







Post a comment