Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Comdisco, Inc. (NYSE: CDO) -- Ignore unavailable to you. Want to Upgrade?

To: John William Anderson who wrote (386)	1/27/2000 2:00:00 PM
From: John William Anderson	Read Replies (1) \| Respond to of 689

Another CDO venture: EVANSTON, Ill., Jan 27, 2000 (BUSINESS WIRE) -- OurHouse.com, the Internet's premiere web site for home improvement, home services, and how-to information, today announced its closing of $30 million in new debt and equity financing. Launched in December 1999, OurHouse.com previously received $20 million of venture funding, as well as five million dollars in initial financial backing from bricks and mortar retail giant Ace Hardware. The recent funding is the result of investments from Comdisco Ventures, Transamerica Technology Finance and Relational Funding Corporation. This move further secures OurHouse.com as the Internet's leader in home solutions. "This funding round gives us greater operational flexibilty," said Peter Stelian, founder and chief financial officer of OurHouse.com. "It allows us to build on our current success with consumers and remain solely focused on being the premiere online destination for home solutions." About OurHouse.com Founded in May 1999, OurHouse.com is the first online destination to provide consumers with quality, comprehensive home improvement products, services and how-to information. Partnered with Ace Hardware, OurHouse.com offers consumers online access to more than 30,000 products. OurHouse.com is headquartered in Evanston, IL. About Comdisco Ventures Comdisco Ventures, a division of Comdisco, Inc., is a leading provider of financing to venture capital-backed companies. Comdisco Ventures offers companies a broad range of innovative equity-linked financing products, primarily venture debt and venture leases. Comdisco Ventures' financing products complement equity from venture capital firms and debt from commercial backs and asset-based lenders. To date, Comdisco Ventures has committed more than $1.5 billion to over 625 companies. About Transamerica Business Credit Corporation Transamerica Technology Finance is a division of Transamerica Business Credit Corp., a wholly owned subsidiary of Transamerica Corp., and Aegon Company. Transamerica Technology Finance provides intermediate-term financing and revolving credit solutions for emerging growth and technology-based enterprises. About Relational Funding Corporation Relational Funding Corporation is an independent lessor specialized in funding desktop technology to Fortune 100 companies. The company is based in Rolling Meadows, IL. Copyright (C) 2000 Business Wire. All rights reserved. Distributed via COMTEX.