To: Tony Viola who wrote (93068 ) 11/26/1999 10:56:00 AM From: Process Boy Respond to of 186894
Tony - <I'm going to keep a close watch out for what companies Intel buys into, from now on.> Here's one, sort of. Intel is a customer, and VP McGeady (of MSFT trial fame) is an investor. PB ===================================================================== PORTLAND START-UP WEBCRITERIA ATTRACTS $5 MILLION FROM INVESTORS From staff and wire reports Nov. 24, 1999 Portland Oregonian POR SUNRISE Page B01 (Copyright (c) The Oregonian 1999) WebCriteria, a 1-year-old Internet service company that generates objective comparisons of Web sites, has landed $5 million in financing from a Florida venture capital fund and existing investors. SI Ventures Associates of Fort Myers, Fla., led the company's first round, with Portland's Shaw Ventures, Intel Corp. Vice President Steven McGeady and former IBM executive Martin Jeffrey adding to the seed round funding. The seed round, in November 1998, secured $700,000 for the Portland company, which is made up of Tektronix Inc. veterans. The start-up, which employs 15 people, plans to use the money to hire more than 30 employees in the next six months and to upgrade its database capabilities. WebCriteria's customers include Intel, Cisco Systems, IBM Corp. and American Airlines. US West service lets customers link to Internet through TV sets US West Inc., which is merging with Qwest Communications International Inc., said it will offer a service that lets television viewers access the Internet through their TVs. Users can switch between the World Wide Web and television, or view both at the same time. They also can place and answer phone calls through the TV. The service, which includes a $225 equipment fee, is available in Minnesota and will be offered in more cities, including Portland, early next year. The Denver-based company also announced other initiatives, including a single message box that allows users to check voice mail, e-mail and faxes from a phone or computer; a network of business and consumer Web sites; and uswestdex.com, a Web site where users can buy and compare products from hundreds of online stores. US West wants to increase its number of subscribers by delivering services to electronic devices and adding tools that make the Internet easier to use. The company said last week it will provide data service to wireless phones. Shareholders of US West and Qwest approved their planned $45.2 billion merger on Nov. 2. The combination is awaiting approval from the Federal Communications Commission.