About HomeGain
Key Investors
HomeGain has secured $53 million in third-round financing from some of the nation's leading venture capitalists and investment firms, demonstrating recognition and enthusiasm for HomeGain's rapid growth and increasing market presence since its launch just nine months ago. It surpasses the previous single-round funding record for the online real estate category.
- Technology Crossover Ventures
- JW Seligman
- Intuit
- Brett Bullington
- Marc Andreessen
- BancBoston Ventures
- Comdisco Ventures
- Rustic Canyon Partners
Technology Crossover Ventures (TCV) was established in 1995 to capitalize on the emergence of the Internet, and to create a new model for Internet investing by combining the best of venture capital and public market investing in one firm. Historically, there was a strong delineation between private and public markets, with groups organized either as venture capital entities or public money management firms. With the emergence of the Internet, TCV felt that those distinctions were less meaningful. Internet industry focus and expertise coupled with the financial flexibility to invest in companies throughout their high growth phase would be the key to a successful partnership. This "crossover model" of investing, with tightly integrated private and public investing, provides the firm and its portfolio companies with unique knowledge and insights. With over $1.6 billion in capital raised since inception, TCV is at the forefront of this new model of venture investing.
Message from the Chairman: "Seligman's business is creating, delivering, and managing investment products and services of the highest quality for individuals and institutions. Ours is a service business, and rendering meaningful client service is its basic foundation.
- "Throughout its history, Seligman has grown by adhering strictly to that business purpose. This has shaped valued standards of personal service, professionalism, stability, and thoroughness that clearly distinguish the Seligman organization.
- "Seligman's more than 130 years of providing financial services have been marked not by fanfare, but rather by quiet and firm adherence to managing investments prudently.
- "At Seligman, we are proud of our distinctive past and the traditional values which have endured and continue to shape the Firm's business decisions and investment judgment."
Intuit Inc. (NASDAQ: INTU) is the leading provider of financial software and Web-based services for consumers, small businesses and accounting professionals. Its flagship products and services, including Quicken®, QuickBooks®, Quicken TurboTax® and Quicken Loans® simplify personal finance, small business management and payroll processing, tax preparation and filing and online home loans. Founded in 1983, Intuit has annual revenue of more than $1 billion and reaches 25 million customers with nearly 6,000 employees in 13 states and four countries. More information can be found at www.Intuit.com.
Brett Bullington
Brett is currently an active investor and advisor to several companies, including start-ups and venture capital firms. He serves on the boards of HomeGain and MusicMatch, and is an investor in All Bases Covered and Knownow.
Brett is the former Executive Vice President of Excite, Inc. Brett joined Excite, Inc. in its start-up phase, and worked across the company to drive the expansion of the products and services and was responsible for marketing, strategy and business development. Throughout these phases of growth and development, which led to the merger of Excite, Inc with @Home, he served in several key roles from acting Chief Operating Officer to individual contributor, doing what it took to build Excite into one of the leading companies on the Internet.
Marc Andreessen
Andreessen has co-founded Loudcloud, a web technology provider supporting Internet start-ups. Prior to Loudcloud, Marc Andreessen served as Chief Technology Officer of America Online, Inc. where he guided the technological direction of the world's leading interactive services and Internet company.
As an undergraduate at the University of Illinois in Champaign, Andreessen created the first prototype of the Mosaic browser with a team of students and staff at the University's National Center for Supercomputing Applications (NCSA). With a friendly, point-and-click method for navigating the Internet and free distribution to network users, NCSA Mosaic gained an estimated 2 million users worldwide in just over one year.
After graduating from college, Andreessen joined former Silicon Graphics CEO Jim Clark to launch Netscape Communications. As Chief Technology Officer and later Executive Vice President of Products for Netscape, Andreessen played a critical role in guiding the company's hyper-growth and was the driving force behind many strategic initiatives, such as Netscape's entry into the enterprise software market and its decision to release the browser's source code to the open source community.
BancBoston Ventures holds the first Small Business Investment Company (SBIC) license in the country. Since 1959, we have worked with management teams across the company to help grow their businesses, providing early stage venture capital to emerging growth companies in the healthcare and information technology sectors.
Our cadre of talented professionals have experience originating, structuring and negotiating all aspects of venture capital investments. Beyond financial expertise, we have extensive experience as members on the Boards of Directors of a score of companies. The strategic and operational guidance we offer companies is a critical competitive strength.
Comdisco Ventures is a leading provider of financing to venture capital-backed companies. Comdisco Ventures offers companies a broad range of innovative equity-linked financing products, primarily venture debt and venture leases, which are loans or leases combined with warrants or equity conversion options that give Comdisco Ventures the right to purchase or convert into common or preferred stock at a predetermined price. In addition to venture debt and venture leases, Comdisco Ventures may also purchase direct equity stakes in companies as part of the total financing package. Comdisco Ventures' financing products complement equity from venture capital firms and debt from commercial banks and asset-based lenders. To date, Comdisco Ventures has committed over $1.5 billion to over 625 companies.
Rustic Canyon Partners is a leading West Coast-based investment firm with approximately $700 million under management. With a unique footprint that covers Southern California, Silicon Valley and the Pacific Northwest, and an extraordinary team with diverse and complementary backgrounds, we provide the expertise and strategic insight that prudent investment decisions require, and the guidance necessary for sustained growth and superior returns.
