Monday, May 17, 2004
Haaretz - Israel News: "GuruNet aims to raise $76 million on Nasdaq SmallCap
By Zuri Dar
Israeli startup GuruNet will be raising $76 million in an initial public offering on the Nasdaq SmallCap market. GuruNet will receive the ticker symbol GURU, according to Private Equity Week Wire. No comment could be obtained from the company. Two months ago GuruNet raised $5 million from existing shareholders and new investors. Its backers include Dawntreader Fund, Israel Seed Partners and venture capitalist Yossi Vardi. GuruNet, an online reference library, was established in 1999 by Shmuel (Bob) Rosenschein. "
By Zuri Dar
Israeli startup GuruNet will be raising $76 million in an initial public offering on the Nasdaq SmallCap market. GuruNet will receive the ticker symbol GURU, according to Private Equity Week Wire. No comment could be obtained from the company. Two months ago GuruNet raised $5 million from existing shareholders and new investors. Its backers include Dawntreader Fund, Israel Seed Partners and venture capitalist Yossi Vardi. GuruNet, an online reference library, was established in 1999 by Shmuel (Bob) Rosenschein. "
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