WebCollage Raises $16 Million

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WebCollage, a developer of e-Business partnership solutions, completed $16 million in first round venture funding from Sierra Ventures, Gilde IT Fund and previous investor Cedar Fund, which has now doubled its total investment in the company. Sierra Ventures general partner Steve Williams has also joined the company’s board of directors. The company’s WebCollage Syndicator solution enables e-Businesses to package Web based applications as e-Services, distributing them to multiple “host” partner sites and extend their Web presence while maintaining direct contact with users.”

I’s an XML-based commerce/application syndication.

2015 update: acquired by Answers Corporation in 2013, still alive unlike so many new tech companies of that era.

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