Interestingly enough, it was the savvy B2B incubator, Internet Capital Group, that invested in Breakaway. This relationship has provided access to many customers. For example, Breakaway has developed a variety of sites for VerticalNet. Key to the success of Breakaway has been speed. This was essential for the company to get additional venture capital funding.
Breakaway is also highly creative.
The company recently announced Breakaway Capital LCC, which will make investments primarily in customers' businesses. According to Forrester Research, the midsize business market will account for 53 percent of e-business spending in 2000, which is up from 15 percent in 1998. It's definitely very good news for Breakaway, which is dominant in this rapidly growing market segment. Backed by Internet Capital Group with Q4 revenue growth of 324 percent, Breakaway Solutions looks attractive.