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The Little Portal That Could? Hotbar Nets $14.5 Million

After wrapping up a $3.5 million investment from Towbin Private Equity Partners, the company's total take in three months amounts to just under $15 million.

April 11, 2001
By atnewyork Staff: More stories by this author:

Hotbar.com, a portal company that provides downloadable "skins" to jazz up a browser's grey area, has wrapped up a $3.5 million investment from C.E. Unterberg, Towbin Private Equity Partners.

The funding brings Hotbar's combined total raised to $14.5 million within the past three months.

The two-year-old company was founded with a vision to change the way people browse the Web, its founders say.

The company's main product, the Hotbar toolbar, is a browser plug-in that helps end-users create a personalized look on their browsers. As part of its offerings geared toward businesses, the company's downloadable skins can be configured with branding elements as well as third-party content and other services. Since its launch, Hotbar has amassed over 11 million downloads.

Hotbar is based in New York City and maintains offices in Israel also. Businesses that use its browser tools include CNET, MySimon, Half.com, and CNNSI.





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