TheMarker.com

Try Jim Cramer's Action Alerts PLUS
CLICK HERE NOW

Hotbar raises $3.5m from C.E. Unterberg, Towbin

04/11/01 - 03:38 AM EDT

TheMarker.com Staff

Internet tool developer Hotbar has raised $3.5 million in financing from American brokerage firm C.E. Unterberg, Towbin. This is the company's third private placement.

At the end of December 2000, Hotbar held a second financing round of $11 million at a company valuation of $32.5 million. The round was led by C.E. Unterberg, Towbin and Deutsche Banc Alex Brown. Venture capital fund Tamar Technologies, Eurofund 2000 and Technorov also participated.

Hotbar's first round of financing was held at the end of 1999, when the company raised $3 million at a company valuation of $7 million, before the money.

After its latest investment, Hotbar is valued at $47 million.

Hotbar's development tool enhances the Internet browser Explorer.





TheMarker.com



05/19/08
Cramer on Top Searched Stocks: Yahoo!

Yahoo! is among the most searched stocks on TheStreet.com. Here's what Cramer had to say about the stock recently.


05/17/08
Jim Cramer's Best Blogs

Catch up on his thinking on the hottest topics of the past week.


04/26/08
Coming Week: Make or Break

Investors will have to deal with a Fed meeting and another flood of earnings and economic data.


05/19/08
Top Rocket Stocks: Ensco

Ensco International and Echelon have the potential to move higher in coming days.


04/28/08
Monday's Analysts' Upgrades, Downgrades

See who made what calls.


05/19/08
Telecom Giants See a Savior in Video

The addition of video is helping telecom companies compete against cable and satellite companies.


05/19/08
Contract Expiration Tempers Oil's Rise

The June West Texas Intermediate contract reflects selling pressure ahead of Tuesday's expiration. But stocks in the sector are generally trading higher.


05/19/08
Analysts' Upgrades, Downgrades: Amazon

See who made what calls.


Your Recent Quotes: Quote Up0 | Quote Down0
Dow S&P 500 NASDAQ
Oil*
Gold
10 Yr
0.00%
%
%
%
Data delayed 20 min
Sign up for our FREE newsletters now.

Keep on top of the market and the critical information you need to make more profitable investing decisions.

  • Cramer's Daily Booyah!
  • Before the Bell

Privacy Policy

See All Free Newsletters

Premium Stock Ideas
Access Action Alerts Plus to find out Cramer’s latest picks now!