Internet company obtains financing
FORT COLLINS – A Fort Collins software company has landed an initial round of $1.4 million in venture-capital financing and plans to more than quadruple its work force by the end of the year.NETdelivery’s software system allows Internet users to select notices they want to receive from a list of magazines, sales catalogs and other publications. The service will be launched officially Oct. 21.
The company has been negotiating with firms in Atlanta, Boston and Chicago for $5 million to $10 million in venture capital to expand its operations, said Susan Mead, marketing director. NETdelivery recently landed a commitment for…
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