Sheila Dahlgren
SVP Marketing & Corporate Communication
Scene7, Inc.
Office: 415-506-6002
Cell: 415-948-5207
sheila@scene7.com
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July 7, 2001
Scene7 Closes $11.3 Million in Equity Funding
Dynamic Imaging Software Company Completes
Series B Financing Round
SAN RAFAEL, CA — Scene7,
a leading provider of dynamic imaging software for the Internet, kiosks
and print, today announced the completion of an $11.3 million Series
B financing round. Moore Capital Management, a leading investment
firm with a focus on emerging technology, led the round. Additional
new investors include Xcelera Inc., a leading European technology
company, and GCH Investments, an investment fund of Cooley Godward
LLP. Historical Scene7 investors participating in the round include
Hearst Interactive Media, Weston Presidio Capital, Halpern Denny &
Company, Rhodes Partners, Roger Horchow, Slifer Designs and TWB Investment
Partnership, an affiliate of Perkins Coie LLP.
"This funding reinforces the power of our suite of dynamic imaging
software and the quality of our business," said Douglas Mack,
CEO of Scene7. "Our technologies offer companies an unparalleled
solution to expand their visual image presentation, build their brands,
and sell more effectively — online, in store and in print."
Since the company's January launch, Scene7 has
been featured at industry events including the Jupiter Retailing Forum,
Fairchild Apparel CEO Summit, Esther Dyson's PC Forum and Upside Magazine's
Spring Preview event. Scene7 clients include Victoria's Secret, Sanyo,
Waverly, Castro Designs and Brewster Wallcovering
About Moore Capital Management
Moore Capital is a private, multi-billion dollar investment management
firm, with offices in New York, London, Washington DC, Boston and
Tokyo. Founded in 1989, Moore Capital employs over 250 people. The
firm's private equity group invests in leading technology companies
and venture capital funds, with specific focus on Information Technology
and an emphasis on storage, security, enterprise software and Internet
infrastructure.
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