Reply raises $4.5M for online business leads
Reply.com, a San Ramon company that provides online business leads, said it has raised $4.5 million in debt from ATEL Ventures.
It will be used to pay off Orix Venture Finance, a previous investor.
The announcement is here.
Reply had raised a significant $23 million from BA Ventures, Outlook Ventures and Orix over the past six years.
Update: BA Ventures relaunches as Scale Venture Partners, clarifies investors
(This story was originally posted Jan 3. 2007.)
BA Venture Partners, a Foster City, Calif. venture capital firm, said it today it has relaunched as Scale Venture Partners.
The name change comes because the firm’s initial investor, or limited partner, Bank of America, has become a minority investor in the firm’s second $400M fund.
[Update: Scale told VentureBeat yesterday that Bank of America has since withdrawn entirely from the latest fund. Scale said its investors are the… Continue Reading
Motorola buys Good Technology — to compete with Blackberry
(Updated with confirmation that Kleiner and others made money)
Motorola will buy Santa Clara wireless messaging company Good Technology for an undisclosed amount, in an effort to compete for big business clients.
Research In Motion’s Blackberry has dominated the corporate mobile email market, and Motorola’s Q device has failed to make significant traction. Moreover, Motorola’s rival, Nokia, bought mobile email provider Intellisync in February.
The market for wireless email has been brutal, with players like Visto, of Redwood… Continue Reading
Roundup: FON’s gambit, Obvious, Zachary’s blog, Vox & more
Roundup in Silicon Valley:
FON exploits opportunity to stir up WiFi interest in San Francisco — Search engine company Google is having a heck of a time getting “crazy nut job” local SF residents to agree to its plans for a city-wide WiFi project. So while big Google is stymied, another company, FON, is hoping to slip under the regulatory radar with a grassroots campaign: Offering hundreds of its La Fonera wireless routers at an event it… Continue Reading