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Talkingpoint receives venture financing from Maveron

February, 2005 — Minneapolis-based Talkingpoint completed a private placement of Series A preferred stock with Maveron LLC, a Seattle-based venture capital firm, as the round's lead investor. The terms and size of the offering were not disclosed. Talkingpoint delivers a turn-key consumer research and relationship marketing service that enables businesses to cost effectively engage customers in completing actionable surveys through brand-enhancing research campaigns that incent and reward customers for their participation. Talkingpoint's President and CEO, Phil Hotchkiss, provides the strategic direction and management leadership for Talkingpoint and also oversees product design and serves as a member of the Company's board of directors. Prior to joining Talkingpoint, Mr. Hotchkiss founded BigCharts Inc. in 1994 and served as its Chairman, President and CEO from inception through the company's sale to CBS MarketWatch.com Inc.

Maveron is a leading venture capital firm focused on branded consumer companies and the technologies used to power them. Maveron's partners include Starbucks founder Howard Schultz.

Cherry Tree served as exclusive placement agent for Talkingpoint.

About Talkingpoint Inc Founded in 2002, Talkingpoint delivers real-time customer insight and sales. Wireless touch-screen talkingpoints enable companies to gain customer insight at the point where buying decisions are made, expand the customer relationship, report the results in real-time and launch targeted e-marketing campaigns that increase sales. To learn more about Talkingpoint visit www.talkingpoint.com.

About Maveron Headquartered in Seattle, Washington, Maveron LLC is a leading venture capital firm. Founded in 1998, Maveron's mission is to partner with entrepreneurs in the creation of extraordinary companies across the Consumer Continuum™ in order to generate outstanding financial returns. Representative Maveron investments include fast-growing classic consumer companies, such as Potbelly Sandwich Works and Cranium, businesses that use technology to deliver goods and services directly to consumers, such as eBay and Capella University, and companies like Allconnect and GameLogic, which supply technology and services to consumer-facing businesses. For more information about Maveron, visit www.maveron.com

 

 


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