Who is ICG, and what does this funding mean for Vcommerce going forward?
Internet Capital Group (www.internetcapital.com) owns and builds Internet software companies that drive business productivity and reduce transaction costs between firms. Founded in 1996, ICG devotes its expertise and capital to maximizing the success of these platform companies that are delivering on-demand software and service applications to customers worldwide. The Vcommerce business model and technology are a perfect match with the ICG vision. We will benefit from their capital support, expertise and strategic network of business relationships to support our continued growth and provide additional technology benefits to our clients.
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