HomePage.com receives $12 million investment

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HomePage.com, a provider of free personal home pages, said it has received a $12.2 million first-round investment led by Idealab Capital Partners. With the proceeds, HomePage.com intends to launch an aggressive marketing campaign this holiday season, as well as expand its infrastructure. Idealab was joined in the financing round by Moore Capital Management and J&W Seligman & Co. HomePage.com offers easy home page creation in 60 seconds or less as well as simple maintenance and updates.

Copyright November 1999, Crain Communications Inc.

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