Reply!, Inc. (www.reply.com), the leading provider of life-stage relevant services for consumers and locally targeted performance-based marketing solutions, today announced that it has secured $6 million in additional funding. The new round of financing includes a major investment from Outlook Ventures, as well as new contributions from existing backer Scale Venture Partners (formerly BA Venture Partners), and board member Debi Coleman, the former Chief Financial Officer of Apple Computer who currently serves as Chairperson of the Reply! Audit Committee. The company also announced that Randy Haykin, Managing Director, Outlook Ventures, has joined the company's board of directors as well as one of Reply!'s founders John Truchard. Mr. Haykin has previously been involved in numerous consumer Internet companies, including: Yahoo!, Overture, eCircle, eTeamz/Active Network, and Digital Chocolate.
SAN RAMON, Calif. (BusinessWire EON) April 4, 2007 --
Reply!, Inc. (www.reply.com), the
leading provider of life-stage relevant services for consumers and
locally targeted performance-based marketing solutions, today announced
that it has secured $6 million in additional funding. The new round of
financing includes a major investment from Outlook Ventures, as well as
new contributions from existing backer Scale Venture Partners (formerly BA
Venture Partners), and board member Debi Coleman, the former Chief
Financial Officer of Apple Computer who currently serves as Chairperson
of the Reply! Audit Committee. The company also announced that Randy
Haykin, Managing Director, Outlook Ventures, has joined the company's
board of directors as well as one of Reply!’s
founders John Truchard. Mr. Haykin has previously been involved in
numerous consumer Internet companies, including: Yahoo!, Overture,
eCircle, eTeamz/Active Network, and Digital Chocolate.
“It’s always been
our focus to invest in industry-transforming companies that address both
consumer and business markets, and Reply! fits perfectly into that model,”
Haykin stressed. “This company and its
management team combine innovation with a proven strategy, and we look
forward to joining them in their continued expansion and evolution.”
"We welcome Outlook Ventures’ endorsement
of our vision as well as the continued support demonstrated by Scale VP,”
said Payam Zamani, Chairman and CEO of Reply! “Over
the past five years, we’ve built a solid
foundation for long-term growth, and the new financing will further help
solidify our leadership position as a provider of performance-based
marketing solutions to thousands of locally oriented businesses.”
About Reply! Inc.
Since its founding in 2001, Reply! has become a leading provider of
online consumer services with its commitment to “making
life’s big decisions easier™.”
Reply! provides consumers with free-of-charge access to valuable
services and decision-making tools in two core industries, real estate
and automotive, with continuing expansion into other major categories.
At the same time, Reply! provides advertisers with highly reliable and
scalable locally targeted performance-based marketing solutions offering
local advertisers hassle free and profitable access to online consumers.
To learn more about Reply!, visit www.reply.com.
About Outlook™ Ventures
Established in 1996, Outlook™ Ventures
actively invests in promising early and growth stage
industry-transforming information technology companies on the West
Coast. The firm applies its depth of industry experience and resources,
unique among early and growth stage firms, to building each individual
portfolio company. For more information about Outlook Ventures visit: www.outlookventures.com.
About Scale Venture Partners
Scale Venture Partners employs a thesis-based strategy to identify
innovative development-stage technology and healthcare investments.
Representative portfolio companies include Alimera, Frontbridge, Glu
Mobile, Good Technology, Monolithic Power Systems, Omniture, Orexigen,
Placeware, ScanSafe, Seattle Genetics, Somaxon, Wayport and Xceive. For
more information, please visit www.scalevp.com.
Trackback URL: http://www.prweb.com/pingpr.php/UGlnZy1QaWdnLUNvdXAtQ3Jhcy1NYWduLVplcm8=
|
