{ "id": "f3d6557a0944", "url": "http://gigaom.com/2007/12/04/419-allbusinesscom-acquired-by-dun-bradstreet-for-about-55-million/", "title": "AllBusiness.com Acquired By Dun & Bradstreet For $55 Million", "note": "Online business resource AllBusiness.com has been acquired by Dun & Bradstreet for approximately $55 million to enhance its internet presence. The site will operate as a wholly owned subsidiary of the veteran commercial info company with Kathy Yates remaining as CEO. Dun & Bradstreet (NYSE: DNB) expects the acquisition to generate about $10 million of incremental revenue in 2008, according to AP. \n\n\n\nA $55 million price tag isn't shabby but this one is attached to a site once sold for $225 million. It was founded in 1999 with $20 million in VC funds and was sold to GE subsidiary NBC Internet Inc, in 2000 for a pre-bubble $225 million. In 2002, it was sold to a private entity that thought it could be rescued, and went back to start-up phase. AllBusiness.com raised $12.4 million in third-round funding in early 2006; the round was led by Sutter Hill Ventures and included strategic investor Reed Elsevier (NYSE: RUK) Ventures. \n\n\n\nVantagePoint Venture Partners took part in that round and contributed a $10 million second round in 2004 although the company only used $5 million. At the time, VantagePoint managing director David Carlick said they thought AllBusiness.com \"is poised to become the Yahoo (NSDQ: YHOO) for small business.\" That hasn't quite happened despite bringing in first Peter Horan as CEO and MarketWatch veteran Yates as COO , then CEO when Horan left for IAC, (NSDQ: IACI) although the site was able to boost traffic and move to a new level. \n\n\n\nAnd the price doesn't come close to the $345 million in cash plus earnout RH Donnelley paid for Business.com, the info, directory and search site, just a few months ago. The $7.5 million Skye Dayton and Jake Winebaum paid in 1999 was then the largest ever for a singe domain name. The company raised $10 million in funding in 2004 and kept building value. \n\n\n\n-- AllBusiness.com claims an \"audience of more than 2 million business decision makers\" and a library of \"more than 2 million pieces of business information including articles, videos, blogs, forms and agreements.\"\n\n\nRelated\n\n\nIndustry Moves: Peter Horan Leaving AllBusiness.com To Head IAC's Media And Advertising Group\nAllBusiness.com Notches $12.4 Million In Series C Funding \nIndustry Moves: Former MarketWatch COO Yates Joins AllBusiness.com\nInterview: Peter Horan, CEO, AllBusiness.com\nIndustry Moves: Peter Horan New CEO, AllBusiness.com", "voice": "excerpt", "saved": "2007-12-05T00:05:46Z", "host": "gigaom.com", "kind": "page", "tags": [], "record": "https://links.thingelstad.xyz/links/f3d6557a0944/", "markdown": "https://links.thingelstad.xyz/links/f3d6557a0944.md", "issues": [], "connections": { "same_host": { "count": 114, "page": "https://links.thingelstad.xyz/hosts/gigaom.com/", "nearest": [ { "id": "15e052b40b8e", "title": "News CorpFox Close To Deal With Apple For iTunes Movies: Report", "url": "http://gigaom.com/2007/12/04/419-news-corp-fox-in-talks-with-apple-for-itunes-movies-report/", "record": "https://links.thingelstad.xyz/links/15e052b40b8e/" }, { "id": "92a3c059a97a", "title": "Beliefnet Being Bought By News Corp; Cable Ties Possible; Not Buying LinkedIn", "url": "https://gigaom.com/2007/12/04/419-beliefnet-being-bought-by-news-corp-reports-not-linkedin/", "record": "https://links.thingelstad.xyz/links/92a3c059a97a/" }, { "id": "110c36c2d788", "title": "How will HD Radio fare in 2008?", "url": "http://gigaom.com/2007/12/08/how-will-hd-radio-fare-in-2008/", "record": "https://links.thingelstad.xyz/links/110c36c2d788/" }, { "id": "3b4c3e88ada9", "title": "Twitter's Summer Funding: $4.8 Million of a $5.4 Million Round", "url": "http://gigaom.com/2007/12/11/419-twitters-funding-48-million-of-54-million-round/", "record": "https://links.thingelstad.xyz/links/3b4c3e88ada9/" }, { "id": "51ab431b754b", "title": "The Exit Interview: WSJ Publisher Gordon Crovitz", "url": "http://gigaom.com/2007/12/09/419-the-exit-interview-wsj-publisher-gordon-crovitz/", "record": "https://links.thingelstad.xyz/links/51ab431b754b/" } ] }, "same_week": { "count": 33, "nearest": [ { "id": "80b612c1f89e", "title": "Brilliant bubble 2.0 video", "url": "http://fakesteve.blogspot.com/2007/12/brilliant-bubble-20-video.html", "record": "https://links.thingelstad.xyz/links/80b612c1f89e/" }, { "id": "92a3c059a97a", "title": "Beliefnet Being Bought By News Corp; Cable Ties Possible; Not Buying LinkedIn", "url": "https://gigaom.com/2007/12/04/419-beliefnet-being-bought-by-news-corp-reports-not-linkedin/", "record": "https://links.thingelstad.xyz/links/92a3c059a97a/" }, { "id": "9dcac88bf226", "title": "Kindle: As the Airlines Try to Keep Up", "url": "http://ricksegal.typepad.com/pmv/2007/12/kindle-as-the-a.html", "record": "https://links.thingelstad.xyz/links/9dcac88bf226/" }, { "id": "8f9ad279a32b", "title": "The Ghosts Of Web 1.0 Are Being Acquired: AllBusiness.com Sells For $55 Million", "url": "http://techcrunch.com/2007/12/04/the-ghosts-of-web-10-are-being-acquired-allbusinesscom-sells-for-55-million/", "record": "https://links.thingelstad.xyz/links/8f9ad279a32b/" }, { "id": "9bd9da0f5548", "title": "Google Pre-Launches New iPhone Interface", "url": "http://techcrunch.com/2007/12/04/google-pre-launches-new-iphone-interface/", "record": "https://links.thingelstad.xyz/links/9bd9da0f5548/" } ] }, "mentions": [], "mentioned_by": [], "saved_twice": [] }, "elsewhere": { "wayback": "https://web.archive.org/web/*/http://gigaom.com/2007/12/04/419-allbusinesscom-acquired-by-dun-bradstreet-for-about-55-million/" } }