Short Take: Bidland.com brings in $15 million
Bidland.com, an application service provider (ASP) for auctions, completed its third round of venture funding, totaling $15 million. Investors Robertson Stephens' affiliates, T.I. Capital, XL Ventures and others brought the total funding to $22 million, to be used for business expansion. Bidland.com provides auction technology designed to be used by business-to-business portals, ASPs, Web hosting companies and consumer portals.
Bidland.com, an application service provider (ASP) for auctions, completed its third round of venture funding, totaling $15 million. Investors Robertson Stephens' affiliates, T.I. Capital, XL Ventures and others brought the total funding to $22 million, to be used for business expansion. Bidland.com provides auction technology designed to be used by business-to-business portals, ASPs, Web hosting companies and consumer portals.