Hoovers Description:
Allaire is all about flair. The company makes Web development tools that push the interactivity of the Internet a notch higher, producing sophisticated Web sites without intensive coding. Its award-winning ColdFusion software lets Web developers quicklybuild high-volume, transaction-oriented Web sites and applications for electronic commerce, collaborative computing, and business information systems. ColdFusion's hot sister, HomeSite, is a leading HTML editor that, like the ColdFusion Studio visual toolset, complements features built into ColdFusion. The company was founded in 1995 using the $18,000 bank account of youthful chairman and self-taught programmer Joseph Allaire, who owns 25% of his creation.
Web Site: allaire.com
Filing date: December 10, 1998 Expected IPO date: Week of Jan. 18, 1999
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