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ACQUIRED COMPANY
 
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New Vine Logistics  Acquired by WineDirect (2009  amount undisclosed )

445 Devlin Road
Napa, CA 94558
USA
(707)-226-9400
Website Company Summary Management Team
Management

General Management: Deanna Leon
Not listed on the website: (May no longer be at the company) Harry Parsley*;  Jerome Smith*;  Karen Wilson*
Board

Outside board: (May no longer be on the board) Barry Gilbert (The Angels' Forum);  Jordan Copeland (GSA Commerce EVP Strategic Development);  William Dodds (Thomvest Ventures);  Penelope Douglas (Pacific Community Ventures);  Homer Dunn (Nonstop Solutions);  Brendon Kim (Altos Ventures)
Former outside board: Bill Del Biaggio (Sand Hill Capital);  Patrick Foley (DHL CEO);  Brad Keywell (Equity Group Investments) David Weed (businessman);  Matt Zell (Equity Group Investments)
Former advisory board: Ed Berkowitz (Angels Forum);  Julie Constantin (Constantin Partners) Juanita Duggan (WSWEA CEO);  Michael Mondavi (Robert Montavi);  Chris Mottern (Peets Coffee & Tea);  Wendy York-Fess (Lynch Enterprises)
Company

Business description: New Vine Logistics was founded to solve the complex business problems associated with interstate sale and distribution of wine. The company has developed proprietary fulfillment systems and distribution networks that dramatically increase the speed, quality and compliance of delivery to consumers. Despite growing demand for their products, wineries must turn away potential customers due to restrictive shipping laws. Only 35% of the $22 billion US wine market is available to wineries on a direct basis. Wineries have had no means to overcome this major roadblock – until now. New Vine Logistics (NVL) breakthrough solution enables the sale of wine directly to consumers in 42 states, covering up to 90% of the market – in full compliance with the laws of each state.
Partners include: Lufthansa Worldshop and Bedford Forum
Capital

Rounds: 2
Recent Fundings: Oct 2005   Aug 2003
Capital raised: 11.5M
Last Round: 3.0M
Ownership: Acquired by WineDirect (2009  amount undisclosed )
VCs include: Kleiner PerkinsThomvest VenturesSand Hill CapitalStaenberg VenturesThe Angels' ForumThe Halo Fund;  Barksdale Group;  Pacific Community Ventures
Corporate investors: Creative TechnologyWineDirect

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Overview
Record updated: Aug 2008
Sector: Internet
Year Founded: 2001
Rounds: 2
Recent Fundings: Oct 2005   Aug 2003
Capital Raised: 11.5M
Last Round: 3.0M
Ownership: Acquired by WineDirect (2009  amount undisclosed )