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ACQUIRED COMPANY
 
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Eloquent  (Stock symbol: ELOQ ) Acquired by Open Text (2003 $ 6,700,000)

1730 El Camino Real
San Mateo, CA 94403
USA
(650)-294-6500
Website Company Summary Management Team
Company

Business description: Eloquent (Nasdaq: ELOQ) provides sales effectiveness solutions to Fortune 1000 companies – enabling organizations to increase the productivity of their sales and marketing functions, accelerate new revenues, and reduce product launch expenses. Using Eloquent’s patented rich media platform, Eloquent LaunchForce® provides a closed-loop, sales readiness solution that helps companies better equip employees, partners, and channels with the information they need to be more effective. More than 50 Fortune 1000 companies, including 3Com, Alcatel, British Telecommunications, Citibank, Hewlett-Packard, Nike, Merrill Lynch and Siemens use Eloquent’s solutions.
Customers include: 3ComAltaVistaAutodeskBEA SystemsBMC SoftwareCambridge Technology PartnersCharles SchwabCisco SystemsCompaqFujitsuHPIBMInformix SoftwareJuniper NetworksKANA SoftwareKLAKodakKPMGKraft FoodsLucent TechnologiesNikeOraclePaine WebberPeopleSoftShooter FinancialSiebel SystemsSun MicrosystemsSymantec;  Continental Airlines;  FileNet;  First USA Bank;  HandR Block Tax Services;  Hill Associates;  Morgan Stanley Dean Witter;  Quest Communicationns
Partners include: Hyperion SolutionsMicrosoftOracleRealNetworksSaba SoftwareSiebel SystemsSybaseVerityWebEx Communications;  Kaon;  LaunchDoctor.com;  McKenna Group
Capital

Rounds: 4
Capital raised: 23.7M
Ownership: Acquired by Open Text (2003 $ 6,700,000)
Stock Symbol: ELOQ
VCs include: Foundation CapitalMenlo VenturesOnset VenturesSafeguard ScientificsU.S. Venture PartnersCambridge Technology Partners;  Excelsior Private Equity;  Gemini Investors
Corporate investors: Robertson Stephens

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Overview
Record updated: Nov 2003
Sector: Internet
Year Founded: 1995
Headcount: 76-100 as of Apr 2000
Rounds: 4
Capital Raised: 23.7M
Ownership: Acquired by Open Text (2003 $ 6,700,000)
Stock Symbol: ELOQ