ZERO.NET led the round accompanied by Bonaventure Capital and several individual investors. The company will use the funding to expand into new strategic markets, beginning August 2000. Financial details were not disclosed. Using NetCountant, enterprises can bill departments or business units for usage based on a variety of parameters including volume, distance, time of day, application and protocol. This investment represents Jump.
Net defers the cost of Web hosting and site traffic in exchange for an equity stake.
Synapse Capital also participated in the funding. VC Buzz, that is. The latest buzz on the daily deals coming down in the femtosecond pace of the Venture Capital world VC Buzz brings you the latest on who's gotten their funding and from whom, what's happening at the VCs and who's just swallowed whom in the maniacally fast, deadly serious Darwinian scramble for Internet success and dominance. Copyright 2001 INT Media Group, Incorporated All Rights Reserved.