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Article: A Company To Watch.(Red Carpet)(Brief Article)(Statistical Data Included)
- Article from:
- Israel Business Today
- Article date:
- July 1, 2000
CopyrightCOPYRIGHT 2000 Israel Business Today. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Five month old Red Carpet is an Israeli company that has developed technology that facilitates real time events on the internet that draws a mass audience of concurrent users. The company has received $2 million in venture capital funding from investors including the Shamrock group and is currently seeking to raise an additional $10 million, which will serve to complete research and development and to create a global marketing organization.
The company is currently in advanced negotiations with leading international media and advertising firms, as well as leading business to business (B2B) portals, who will serve as marketing channels. Red Carpet's unique ...