VC Buzz - $109.1 Million in Today's Deals
Summary
by Mary Evelyn Arnold March 20, 2000 NEW YORK -- NextVenue, the successor company to the joint venture of Microsoft, NBC and Dow Jones, completed a $30 million private placement. Investors in the financing included Arena Capital, Deutsche Bank, Goldman Sachs, entities affiliated with Merrill Lynch, Microsoft, Morgan Stanley, NBC, Primedia, J&W Seligman, Transworld Entertainment, and Van Wagoner. NextVenue is a business-to-business and business-to-consumer global communications company producing Internet-distributed financial content that utilizes streaming video, including virtual roadshows used by domestic and international investment banks to market securities around the globe. ATLANTA -- Neovest completed its first round of financing, raising over $6.1 million from customers and professional associates, including company advisors and consultants. DURHAM, NC -- Blue292, formerly Environmental Connections, received $2 million from DLJs Sprout Group, closing its Series A round, which had earlier included $2 from Eno River Capital.
