Auctionbytes-NewsFlash, Number 1067 - July 20, 2005 - ISSN 1539-5065
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BuySafe Wins 'Hottest VC Deal' Award
By Ina Steiner
AuctionBytes.com
Reading AuctionBytes: BuySafe Wins 'Hottest VC Deal' Award
BuySafe won the Northern Virginia Technology Council's (NVTC) "2005 Hottest Venture Capital Deal" Award last week. The award goes to the company that "offers the most all-around potential for return-on-investment," including a strong management team, great buzz and a winning product or service. BuySafe is a bonding service for eBay sellers and ecommerce merchants. BuySafe received a funding round of $13.25 million in early 2005 led by Grotech Capital and Core Capital Partners, with first-round funders Hartford Ventures and Thomas Rutherfoord, Inc. also investing.
http://www.buysafe.com
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