From: Rohit Khare (email@example.com)
Date: Thu Mar 30 2000 - 22:12:06 PST
o Software Company ArsDigita Secures $35 Million First Round
CAMBRIDGE, Mass. -- ArsDigita, which helps online
businesses build Web services, said it raised $35
million in a first round of financing. General Atlantic
Partners led the round and was joined by Greylock.
The firms also secured warrants to purchase an additional
$15 million in the company at a later date. The funding will
be used to expand the operation worldwide and hire staff.
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