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7/19/99
Accel Partners, Polaris Venture Partners Invest
$10 Million in NetinTouch
Mitch Kapor, Tom Herring Join Board of Internet
Startup
REDWOOD SHORES, CA, JULY 19, 1999 NetinTouch, Inc. announced today
it has completed a financing round of $10 million invested equally by
Accel Partners and Polaris Venture Partners, two of the leading firms
focused on Internet startup investments. Mitch Kapor, Accel partner, and
Tom Herring, Polaris Venture partner, will serve as active board members.
Both are technology industry pioneers.
"From our first meeting, I was impressed with the shared vision of
the NetinTouch team, as well as with their technology and strategy,''
said Kapor. "NetinTouch will revolutionize the way people communicate.''
"NetinTouch is positioned to uniquely leverage the Web to enhance
communication. NetinTouch's groundbreaking technology, coupled with its
creativity, dedication and energy, positions this company as one of the
most exciting Internet opportunities we have seen,'' Herring said. "I
am thrilled to be involved with them.''
NetinTouch is a pioneer in Internet-enabled applications. Based in Redwood
Shores, CA, the company has engineering facilities in Ramat-Gan, Israel.
NetinTouch is financed with $10 million in venture capital from Accel
Partners and Polaris Venture Partners.
For press inquiries contact:
Omer Malchin, VP, Marketing
Tel: (650) 610 3115

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