SANTA CLARA, Calif., Dec. 3, 2002 (PRIMEZONE) -- MadeToOrder.com(tm) Inc. (MadeToOrder), a leading provider of online and offline corporate branding solutions, today announced that it has received commitments for additional venture capital financing of over $4 million dollars. The funds will be used for working capital, business expansion, and new technology development. The round is being led by Alloy Ventures of Palo Alto, California.
"MadeToOrder.com continues to be an attractive investment for the venture community," commented Ferrell Sanders, a partner with Alloy Ventures. "Their recent acquisition of the iPrint.com technology platform, and their successful recruitment of the Wood Alliance sales team positions them as a clear leader in the promotional products marketplace."
MadeToOrder.com recently announced it has acquired substantially all of the assets of iPrint Technologies and Wood Alliance, including the iPrint.com technology platform and the Wood Associates brand name.
"We are delighted to receive this strong vote of confidence from our investors. This additional funding will give us one of the strongest balance sheets in the industry, and the funding we need to be a strong partner for our customers and our vendors," remarked MadeToOrder.com Founder, Chairman & CTO, Brett A. Walter.
MadeToOrder.com's additional investors include Nexus Group, Charter Venture Capital, Alpine Technology Ventures, Crescent Venture Investors, Band of Angels LP, and Sara Lee Corporation.
About MadeToOrder.com, Inc.
MadeToOrder.com,(tm) Inc., founded in 1992, is a sales and technology leader in the promotional products industry. Its award-winning technology improves the way businesses buy corporate printing and logo branded products, and can be integrated into existing corporate procurement platforms, thereby streamlining the cost of ordering promotional products and improving the overall ROI. The company has a diverse list of corporate clients, including BP, Cisco, Kraft Foods, HP/Compaq, Sara Lee, and OfficeMax. MadeToOrder.com is headquartered in Santa Clara, CA. More information about MadeToOrder.com and its services can be found at www.madetoorder.com.