ANDALE GETS $41 MILLION
Wednesday, April 12, 2000
SF Chronicle
BUSINESS IN BRIEF

Mountain View's Andale Inc., a one-year-old company that helps small businesses auction new and used goods on Web sites such as eBay Inc., said it raised $41 Million from investors led by Bowman Capital Management. Terms weren't disclosed. Other investors include Tarrant Venture Partners, a fund sponsored by the principals of financier David Bonderman's buyout firm, Texas Pacific Group, Andale's existing investors-including Silicon Valley venture capital firms Accel Partners, Mohr, Davidow Ventures, and Oak Hill Venture Partners, an affiliate of Texas investor Robert Bass- increased their investments.