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NewMarkets International  Acquired by Amadeus (2013 $ 500,000,000 )

1000 Broadway #460
Oakland, CA 94607
Website Company Summary Management Team

President/COO/Operations: Mark Noble
General Management: William E Krekel
Finance: Paul Cox
Not listed on the website: (May no longer be at the company) Angela Hilton*;  Eric Weiner*;  John Kirkwood*;  John Lamere*;  Keith San Felipe*

Outside board: (May no longer be on the board) Jon H N Fisher (Draper Fisher Jurvetson);  Steve J Getsy (On-Line Ventures);  Andy Goldfarb (Icon Ventures) John W Jarve (Menlo Ventures) Ofer Nemirovsky (HarbourVest Partners);  David Polifko (Icon Ventures)

Business description: NewMarkets' flagship product, FXWeb, is the world's premier web-based foreign exchange service. Used by CFOs, corporate treasurers, and cash managers in a broad spectrum of industries, NewMarkets' services are designed to help companies turn foreign markets into profitable new e-revenue opportunities. NewMarkets has also introduced FXPartner, a web-based service for banks of any size looking to enhance their ePayment technologies and be more competitive in their international payment services. In addition to the above services, NewMarkets also offers eCommerce services that allow any company, large or small, to take full advantage of the global marketing opportunities made available by today's Internet economy.
Customers include: PeopleSoft;  CBT Imports;  Cupertino National Bank
Partners include: ADPDigital Insight;  ADS;  BISYS;  ICMS;  Sterling Commerce;  XRT

Rounds: 6
Recent Fundings:    May 2000
Capital raised: 26.5M
Last Round: amount undisclosed
Ownership: Acquired by Amadeus (2013 $ 500,000,000 )
Angels/other VCs: Steve J Getsy (OnLineVentures)
Corporate investors: Mobius Venture Capital

Last Tweets


Last Mentions

Record updated: May 2007
Sector: Internet
Year Founded: 1992
Headcount: 51-75 as of Jun 1999
Rounds: 6
Recent Fundings:    May 2000
Capital Raised: 26.5M
Last Round: amount undisclosed
Ownership: Acquired by Amadeus (2013 $ 500,000,000 )