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ACQUIRED COMPANY
 
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StarCite  Merged with OnVantage (2006  amount undisclosed )

3920 Freedom Circle 200
Santa Clara, CA 95054
USA
(408)-562-3388
Website Company Summary Management Team
Board

Outside board: (May no longer be on the board) Robert E. Keith (TL Partners);  Scott McCormack (Seaport Capital Principal);  Jim Lussier (Norwest Venture Partners) John Chang (StarCite Chairman);  Walter W. Buckley (Internet Capital Group);  Michael H. Forster (Internet Capital Group);  Vincent Menichelli (Internet Capital Group VP Operations);  Britt Murdoch (Strattech Partners Managing Partner);  Bob Tamashunas (Seaport Capital Associate);  Anthony Dolanski (Internet Capital Group CFO);  Bill Luby (Seaport Capital Managing Partner);  Doug Alexander (Internet Capital Group);  Davor Gjivoje (DGG Holdings);  Pamela Strisofsky (TL Ventures) John F. Pino (StarCite Founder);  Thomas S. Rittenhouse (Uniform Code Council Former President/CEO);  Mike Tenholder (Maritz Travel Company);  Amos Barzilay (AB Ventures);  Ronald Chwang (iD Ventures America)
Former advisory board: Calvin Chang (Chinatrust Venture Capital);  Steve Jurvetson (Draper Fisher Jurvetson) Jimmy Lu (iD Ventures America);  James Yao (Tech Ventures)
Company

Business description: In August 2006, StarCite, Inc. merged with OnVantage Inc., to become the largest on-demand global meetings management company. Processing over 2.5 million attendee registrations a year and delivering over $5 billion in revenue opportunities annually to meeting suppliers, StarCite brings together buyers and suppliers of meeting-related services on an unprecedented scale; delivering value through world class technology and services to both audiences. StarCite was founded in 1999 by a team of industry leaders who share a passion for helping customers and suppliers realize the huge opportunities available in the effective management of meetings and events — whether it's cost savings and control, or customer acquisition and loyalty. For the $300 billion global meeting and events industry, StarCite has become the provider of On Demand Global Meeting Solutions. We provide process efficiency, enabling technology, and proven adoption management support to drive significant savings. Corporations spend millions of dollars a year on meetings and events, yet have little visibility into this significant spend.
Customers include: Abbott LaboratoriesCaterpillareBayExpediaGlaxoSmithKlineHitachi, Ltd.HumanaMCIMedtronicNCRNCR CorporationPricewaterhouseCoopersPrudential FinancialSeagate TechnologyWachovia;  Barclays Global Investors;  BTNonline.com;  Canadian Tourism Commission;  Carlson Hotels Worldwide;  Cleveland;  CNA;  ConferenceDirect;  Conferon;  EMC2;  Hartford ConventionAndVisitors Bureau;  HintonAndGrusich;  HSBC;  L/A Inc;  MeetingNews;  MeetingsAndIncentives;  Mexico Tourism Board;  Radisson;  Sepracor;  Shell;  Successful Meetings;  Swire Pacific;  Tampa Bay ConventionAndVisitors Bureau;  The Conference Collection;  The Hilton Family;  Travel Alberta;  VNU
Partners include: ApexEverypathExpediaFusionOneGetThereONElist.comSiebel SystemsWebEx Communications;  Conferon;  EventClicks;  Galileo;  KDS;  Out Task;  PassKey;  Plansoft;  PrimeShot.com;  RemoteEvent;  RemotelHotel;  SeminarSource;  Travent;  TRS
Capital

Rounds: 2
Recent Fundings: Jan 2006   Nov 2003
Capital raised: 56.6M
Last Round: 18.0M
Ownership: Merged with OnVantage (2006  amount undisclosed )
VCs include: Threshold VenturesDCM VenturesNorwest Venture Partners TPG Growth AsiaTech Ventures;  Wachovia Strategic Ventures;  ABventures;  Silicom Ventures
Angels/other VCs: Jimmy Lu (Acer America MD)
Corporate investors: iD Ventures Americamp3;  Chinatrust Venture Capital;  MHMAndCo.

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Overview
Record updated: Aug 2006
Sector: Internet
Year Founded: 1998
Headcount: 101-150 as of Feb 2002
Rounds: 2
Recent Fundings: Jan 2006   Nov 2003
Capital Raised: 56.6M
Last Round: 18.0M
Ownership: Merged with OnVantage (2006  amount undisclosed )