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ACQUIRED COMPANY
 
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Moreover Technologies  Acquired by VeriSign (2005 $ 30,000,000 )

1902 Campus Commons Drive, Suite 400,
Reston, VA 20191
USA
937-485-2906
Website Company Summary Management Team
Team

Management: Philip Bradley (VP Sales) Gustavo Ezcurra (VP Sales)
Outside board: Angus Bankes (Moreover Technologies co-Founder) Nick Denton (Moreover Technologies co-Founder);  Jeff Jarvis (Advance.net);  Edward Sim (Soundview Partners);  Martin Stapleton (Reuters Greenhouse Fund);  Richard Tahta (Episode 1 Partners)
Board observer: Christopher Spray (Accomplice{1})
Company

Business description: Moreover Technologies is a provider of real-time information management solutions to Global 2000 companies, delivering essential online information in time to impact business decisions. Unlike traditional news services that resell archived information, Moreover’s robust technology scours the web every 15 minutes to capture the most actionable information from more than 3,000 qualified, hand-picked sources -- including news sites, industry sources and company websites. Moreover's Connected Intelligence™ solutions are customized to provide business users with continuous, job-specific information. Easily integrated into any corporate portal, intranet or desktop, Connected Intelligence gives organizations a single point of access to the information they need to succeed.
Customers include: AccoonaAdobe SystemsAltaVistaAsk.comBritish TelecomBusiness.comErnstAndYoungFactivaHoover's Intelligence MonitorInktomiPeopleSoftPluckSaabSalesforce.comSempra EnergySONYTime Warner CableVerizonWells Fargo Bank;  Allianz;  APCO;  CB Richard Ellis;  Citifroup;  CohnAndWolfe;  Delahaye;  European Space Agency;  FeedDemon;  Fujitsu Siemens;  HillAndKnowlton;  InfoImage;  MB Precis;  McCann Eriksson;  Millward Brown Precis;  MSN;  NewsGator Technologies;  Philip Morris;  Rohm and Haas;  SaatchiAndSaatchi;  Snap;  The McGraw-Hill Companies;  U.S. Air Force;  UK Cabinet Office;  US Chemical SafetyAndHazard Investigation Board;  US Department of Energy;  US Navy
Partners include: Answers.comAsk.comAutonomyBiz360Grand Central CommunicationsHummingBirdIBMInktomiMicrosoftPeopleSoftPluckVerity;  Bradbury Software;  Clovis;  Deepnet Explorer;  EZ Board;  InfoImage;  Mondaq;  MSN;  NewsGator Technologies;  Optimal Access;  SightPoint;  SitePoint
Capital

Rounds: 1
Capital raised: 24.0M
Ownership: Acquired by VeriSign (2005 $ 30,000,000 )
VCs include: Accomplice{1}Dawntreader Ventures;  Wit Soundview
Corporate investors: Reuters Greenhouse Fund;  Advanced Publications

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Overview
Record updated: Jun 2005
Sector: Internet
Year Founded: 2000
Rounds: 1
Capital raised: 24.0M
Ownership: Acquired by VeriSign (2005 $ 30,000,000 )