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Technology Stocks : NUANCE COMMUNICATIONS (NUAN) -- Voice Interface Software -- Ignore unavailable to you. Want to Upgrade?


To: mact who wrote (30)4/13/2000 4:58:00 PM
From: Bruce Byall  Respond to of 191
 
Post about TELLME from Dec. 99

Start-up Tellme grabs $47 million in financing
By Paul Festa
Staff Writer, CNET News.com
December 14, 1999, 9:00 p.m. PT
update A Silicon Valley start-up working to make the Web accessible by phone has collected a small fortune in second-round financing.

Tellme Networks has secured $47 million from venture capital heavyweight Kleiner Perkins Caufield & Byers, along with another major
venture capital firm, the company said today. Quote Snapshot

Tellme's first round of funding brought in an undisclosed sum from the Barksdale Group, headed by former Netscape Communications chief
executive Jim Barksdale, as well as from former Microsoft executive Brad Silverberg.

Tellme is building an interactive media service that it says will combine the power of the Web and the convenience of the telephone. The service
will allow consumers to speak simple voice commands into telephones to receive access to a broad range of media, commerce and
communications services. The company said it expects to begin rolling out its initial service offerings in the first half of 2000.

Tellme isn't without competition in the market for voice-activated Internet access. A potential rival is General Magic, whose MyTalk service lets
users access email by phone.

General Magic too plans to allow users to access the Web by phone. Others with interests in this area include Microsoft, Lucent, AT&T and
America Online.

In addition to investments by Microsoft and Netscape veterans, Tellme has tech talent from the two firms as well. Tellme was founded this year
by Hadi Partovi, who oversaw much of the development of Microsoft's Internet Explorer browser, and Mike McCue, who was vice president
of technology for Netscape.