Silicon Valley startup gets $47 million from Benchmark Capital.
Published:
17 December 1999 y., Friday
Tellme Networks, the Silicon Valley startup that brought together enemies from the famed browser war between Microsoft and Netscape, has wooed two of the biggest venture capital firms - announcing a $47 million investment by Benchmark Capital and Kleiner Perkins Caufield & Byers.
The BARKSDALE Group, founded by former Netscape CEO Jim Barksdale, and former Microsoft executive Brad Silverberg, both previous investors in Tellme, both raised their ante in this round as well.
"It's a good amount of funding," said Tellme CEO Mike McCue. "The investors were really psyched by the team."
The Tellme team has coupled Netscape alums McCue and co-founder Angus Davis, both top executives at Netscape, with Hadi Partovi, a top Microsoft engineer who was one of the leaders of the Internet Explorer team.
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
The European Commission today concluded on the existence of excessive deficits in Cyprus, Denmark and Finland and recommended deadlines for their correction to the Council.
more »
Over 2000 former construction workers in Spain and nearly 600 ex-employees of Irish glass company Waterford Crystal and its suppliers will receive a total of €11 million in aid from the EU Globalisation Adjustment Fund to help with training, business start-ups and job guidance under plans agreed by MEPs and the Council of Ministers.
more »
MEPs on Tuesday decided six top priorities and a number of additional key issues for the upcoming negotiations on the 2011 budget.
more »
The EU-China Science and Technology Week starts today at the heart of World Expo Shanghai.
more »
European Climate Action Commissioner Connie Hedegaard and European Investment Bank President Philippe Maystadt agreed on Monday to explore a joint climate finance initiative for developing countries as part of the European Union commitment made at the UN climate conference in Copenhagen last December.
more »
Sustainability, competitiveness and security of energy supply: the three pillars to the foundation of a new EU energy community.
more »
EU Trade Commissioner Karel De Gucht and Palestinian Minister of National Economy Hasan Abu-Libdeh today discussed measures to enhance EU-Palestinian bilateral trade relations and to facilitate trade of Palestinian products to EU markets.
more »
Some of the most innovative and exciting transport research projects funded by the EU are being showcased at the Transport Research Arena (TRA) in Brussels this week.
more »
Nowadays we rely heavily on satellite positioning and navigation, but the only available technology is American.
more »
The European Commission will reveal how it aims to revamp its transport networks policy in response to the challenges of the 21st century at a conference dedicated to the Trans-European Transport Network (TEN-T) in Zaragoza on 8 and 9 June.
more »