Back to Mobile View
Subscribe to the CrunchBase Daily for the latest on Fundings, Acquisitions, and Startup Events

Exit

Closed Date7/2008
Closed URLmonitor110.com

General Information

Websitemonitor110.com
CategoryConsumer Web
Employees

Offices

New York, USA
58 E 11th St.
3rd Flr.
New York, NY, 10003
USA

People

Funding

Tags

Monitor110 Closed down on July 17, 2008

Monitor110

Monitor110 was a New York-based data- and information-gathering service funded by DFJ, DFJ Gotham, and Acadia. It deadpooled in July 2008.

Email from CEO W. Brennan Carley on the closure:

Clients, employees, and investors: I regret to inform you that, effective July 15, Monitor110 has decided to cease operations and shut down the business. Monitor110 successfully built a service that allows investors to monitor internet sources for information and insight that is relevant to their portfolio and investment thesis.

The company launched a web based service (“Portal”) in March of this year, and a research report service (“Alphadesk”) in April, and signed up over 100 trial clients at over 60 firms including hedge funds, traditional asset managers, and investment banks.

The feedback from those clients has been positive, and since March the company launched 3 releases, each incorporating ideas and requests from our trial users.

We began to raise our next round of funding in May, during one of the most challenging quarters in recent history for VC investments, and despite the progress we have made operationally, we have been unable to secure funding.

As a result, the company has decided to cease operations.

Thank you to our customers for their support, and to our staff for their hard work and contributions in a very difficult market. Regards,

W. Brennan Carley, CEO

Recent Milestones

Videos

Screenshots

Traffic Analytics

Compete

Monitor110

Sources

  1. Monitor110 Announces $5 Million in Series B Funding; Draper Fisher Jurvetson, Draper Fisher Jurvetson Gotham Ventures, and Acadia Woods Partners Join Existing Investors in Oversubscribed Series B Round (businesswire.com) [edit]
  2. Monitor110 raises $11M more to track Internet for investors (venturebeat.com) [edit]
Edit This Page
Last Edited 3/24/14

Revision History RSS Picture

Sharing

Share this page on Twitter or Facebook:
Or copy this code to embed a widget: customize »

TechCrunch Posts TechCrunch Logo Small Picture

Techmeme Posts Techmeme Logo Small Picture

External Links

CrunchBase API

Sponsors



Become a Sponsor
Terms of Service | Privacy Policy | Licensing Policy