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ACQUIRED COMPANY
 
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RedEnvelope  (Stock symbol: REDEQ ) Acquired by Provide Commerce (2008  amount undisclosed)

149 New Montgomery
San Francisco, CA 94105
USA
(415)-371-9100
Website Company Summary Management Team
Board

Outside board: (May no longer be on the board) Jacqueline A MacDonald (Sippl Macdonald Ventures Founding Partner);  Karen Edwards (Yahoo! VP Marketing)
Former outside board: John Pound (RedEnvelope Executive Chairman)
Company

Business description: Whether a gift is a token of gratitude or a grand gesture of love, we consider its giving and receiving a cherished occasion in itself. In Asian traditions, gifts are often presented in a simple red envelope-a timeless symbol of love and appreciation. In the spirit of this tradition, gifts purchased from RedEnvelope are accompanied by a personalized message in a red envelope. We offer an extensive collection of imaginative, original gifts for every occasion, recipient and budget through our Web site and catalog, as well as customized corporate gift services. Several unique features help guide customers to the gift they want, including: GiftSearch, GiftReminder, ExpressGifts (guaranteed overnight delivery), online customer service, multiple addressing and an inventory system that tracks in real-time to ensure that every item featured on the site is available. Our goal is to make gift giving-no matter what the occasion-easy and fun.
Partners include: Face Time Solutions
Capital

Rounds: 3
Recent Fundings: May 2002   Aug 2000
Capital raised: 61.2M
Last Round: 13.4M
Ownership: Acquired by Provide Commerce (2008  amount undisclosed)
Stock Symbol: REDEQ
Corporate investors: Crown Technology

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Overview
Record updated: Jan 2010
Sector: Internet
Year Founded: 1997
Headcount: 151-200 as of Jan 2005
Rounds: 3
Recent Fundings: May 2002   Aug 2000
Capital Raised: 61.2M
Last Round: 13.4M
Ownership: Acquired by Provide Commerce (2008  amount undisclosed)
Stock Symbol: REDEQ