ECI2 Secures $16 Million in Funding - InternetNews.

Funding Rounds

▤ Summary

ECI2 and pcOrder have formed a strategic partnership to create a business-to-business (B2B) e-commerce platform for the office products industry. "The online office products market is exploding, and ECI2 is uniquely positioned to drive that explosion," said Peter Barris, managing general partner at NEA. "The companys combination of Internet heritage and direct experience as an online office products retailer (through OOSCs S Web-based superstore, onlineofficesupplies.com) is unmatched in the industry." OOSC will launch a national advertising campaign targeting Web portals and other Internet companies. IOS2 was formed as a result of a strategic alliance between ECI2 and United Stationers, North Americas largest office products wholesaler.

$ Funding

$
Amount $16.0M Total raised
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Date November 11, 1999 Announcement date
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Investors New Enterprise Associates Lead investors
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Company http://www.ecisolutions.com Funded company

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