PROFILE |
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ReleaseNow is a digital floodgate for online software. The company provides online services for managing software upgrades and licenses. ReleaseNow hosts customized Web sites for other companies where their customers can download software and software upgrades. Its WebStore operations host sales, marketing, and e-commerce software that its customers access online. Customers include Macromedia, Ezenia! and Adobe. Founded in 1994, the company originated as Digital Money, an online payment collection firm for software makers. Investment firms, including Draper Fisher Jurvetson, Sevin Rosen, Excelsior Private Equity, and Star Ventures, own about half of the company.
COMPETITION |
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Aladdin Knowledge Systems Ltd. (ALDN)
Digital River, Inc. (DRIV)
Salesforce.com (dossier)
DEALS |
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Deal: ReleaseNow Partners With Akamai
Date Announced: 04.24.01
Value of transaction (US $Mil): Not Disclosed
Description: ReleaseNow will integrate Akamai's Digital Parcel Service into its PowerCommerce system.
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
1999 Sales (mil.): 12.70
1-Yr. Sales Growth: 94.0%
Employees: 85
Revenue per employee: $149,411.76
KEY PEOPLE |
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Michael J. Maulick
CEO
Joan P. Walsh
CFO
CONTACT INFO |
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990 Commercial St.
San Carlos, CA 94070
US
Phone: 650-622-1000
Fax: 650-508-2490
Online: Web Site
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