Article: GiftCertificates.com Secures Additional $4.4 Million in Private Financing, Closes Round at $18.6 million.

Business Editors

SEATTLE--(BUSINESS WIRE)--Oct. 25, 2001

GiftCertificates.com(TM), the leading provider of gift certificates and related services for corporate clients and consumers, announced today it has secured $4.4 million in additional Series A1 financing from OneBeacon Insurance Group, a wholly owned subsidiary of White Mountain Insurance Group, Ltd. (NYSE: WTM), and additional existing investors. OneBeacon joins current investors, CIP Capital, L.P.; Gotham Partners, L.P.; Mellon Ventures II, L.P. (NYSE: MEL); SCP Private Equity Partners, L.P.; and W.R. Berkley Corporation (NYSE: BER) to close the round at $18.6 million.

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