Company: Six Apart
Description: Blog software and service provider.
Competitors: Google, Yahoo!, Microsoft, Wordpress
Location: San Francisco
Amount Raised: $12 million
Round: Third
Date Announced: 3/15/06
VC Firms: Focus Ventures, August Capital, Intel Capital, Neoteny
VC Directors: David Hornik, Dave Marquardt, Jun Makihara
Quick Take: I use and enjoy this company's products. They're good; better than the other offerings out there but that's not why I think they're going to make it. When I ruined a perfectly pleasant cocktail party a few months back to grill the founders about their strategy for success as an independent, they responded that partnerships were the answer. Effectively, Six Apart thrives by being independent, rolling up smaller competition and staying closer to the cutting edge than Google, Yahoo! and Microsoft. As long as they continue to capture a good chunk of the evolving market, Six Apart's cash flow should allow them to write their own exit ticket. — Joshua Jaffe

Technology (1 out of 10): 5
Market (1 out of 10): 8
Management (1 out of 10): 7
Chances for IPO (1 out of 10): 5
Overall VC Rating (1 out of 10): 8

  For more on Six Apart's fundraising, see: Silicon Beat, The Deal
Go to Six Apart's press release

  Technorati tags: sixapart, augustcapital, focusventures, blog, vc, venture capital