StarCite, Inc.

Status: Funding

Company History
Based in Philadelphia, StarCite, Inc. offers a comprehensive suite of Internet based products and services to the meeting and events industry that drive efficiencies and cost savings to both corporate buyers and suppliers. Founded in 1999, StarCite has identified ways to streamline, automate, consolidate and better leverage meeting and event procurement.

Current Investors/Backers
StarCite, Inc. is backed by a group of investors including Internet Capital Group, Starwood Resorts, American Express, Seaport Capital Partners and Strattech Partners.

Venture Fund Commitment
ATEL has provided StarCite a lease line facility. The purpose of the line will be to acquire equipment used to support customer growth.

For more information on StarCite, Inc., please visit their web site at www.starcite.com