VC Buzz - $532.1 Million in Today's Deals

Funding Rounds

▤ Summary

ENGLEWOOD, Colo. -- Petroleum Place, an online portal and digital marketplace for the upstream oil and gas industry, completed its second round of financing through a private placement that raised $60 million. Also participating in the round is a group of individual investors including Bill Hambrecht, Cristina Morgan, Tom Hicks, Jack Furst and Alan Wheat. SEATTLE-- Action Engine Corp., a new provider of transactional services for wireless and wired web-enabled devices, closed its Series A round of funding totaling $7.7 million. NEW YORK-- RealRead Inc., a software application serving online book retailers, is completing its first round of seed financing with a $500,000 investment from Itochu Group and others. TheCampusHub.com will provide turnkey technology for college bookstores that will enable them to offer textbooks and traditional store merchandise as well as non-traditional goods and services from brand name consumer companies on their Web sites.

$ Funding

$
Amount $45.0M Total raised
□
Date May 23, 2000 Announcement date
◎
Investors NeoCarta Ventures, Pacific Capital Group, Technology Crossover Ventures, JUMP Investors, Goldman Sachs, Wit SoundView Ventures, J & W Seligman Lead investors
▥
Company http://www.xdrive.com Funded company

▥ Classifications

industries
No industries detected
applications
Accounting and Taxes

◇ AskAI Classifications

Labels
No AI classifications detected

▦ Linked Companies

Petroleum Place
$50M to $100M