Mirus completes engagement for Quickbuy
After raising $7 million in its Series A Financing in 1999, Quickbuy engaged Mirus to advise the Company on several discussions with potential strategic partners in the set-top box business.
QuickBuy, Inc., a developer and marketer of e-commerce software solutions, raised its Series A venture funding from Comcast Interactive Capital (CIC) and Venture Investment Management Company LLC (VIMAC). This was the first round of venture financing for the company after significant angel investment. The additional funding helped fuel the company’s product development, and sales and marketing initiatives. The company’s flagship technology, the Buycon(TM), gained industry recognition. The U.S. Patent and Trademark Office recently awarded QuickBuy its first e-commerce patent on the Buycon. QuickBuy previewed its complete Buycon-based product family and its offsite e-commerce capabilities at the Internet Commerce Exposition and received the “Best of Show” award.
About QuickBuy, Inc.
Founded in 1999, QuickBuy, Inc. develops and markets software products that radically simplify buying and selling over the Internet. The QuickBuy product family, based on the company’s patented Buycon technology, enables and enhances innovative electronic retailing through the use of intelligent icons. With QuickBuy’s Buycons, online merchants can increase revenue opportunities through offsite e-commerce, direct e-retailing marketing campaigns, affiliate programs, and gift/wish lists. QuickBuy is headquartered in Tyngsboro, Massachusetts. For more information, visit www.quickbuy.com.
About Mirus Capital Advisors
Mirus Capital Advisors provides investment banking solutions to corporate clients in technology, business services, manufacturing, consumer products, health care, and the resort & hospitality industry. Since 1987, Mirus has provided corporate finance advisory services on engagements including mergers, acquisitions, divestitures, recapitalizations, and valuations. For additional information, visit www.merger.com.Back to Transactions