Short Take: FairMarket gets $1.5 million investment
FairMarket, an Internet-based auction site that will allow vendors from the computer products industry to anonymously sell excess inventory, has received $1.5 million in funding from private placement. The additional capital will be used primarily to drive marketing activities as well as to strengthen business development for the company, which is scheduled to launch its business-to-business auction service during the first quarter of 1998.
, an Internet-based
auction site that will allow vendors from the computer products industry to
anonymously sell excess inventory, has received $1.5 million in funding
from private placement. The additional capital will be used primarily to
drive marketing activities as well as to strengthen business development
for the company, which is scheduled to launch its business-to-business
auction service during the first quarter of 1998.