AllBusiness.com
Encyclopedia
AllBusiness.com, a wholly owned subsidiary of Dun & Bradstreet
, provides business information
and resources for small business
es, those companies with fewer than 500 employees. The company also conducts research to measure the health and direction of the small business sector.
, a subsidiary of General Electric
, in March 2000 for $225 million USD. At the time, it was one of the largest purchases of a dot-com company. NBCi merged AllBusiness with an independent Internet company, BigVine.com, in November 2000 and the combined entity assumed the name AllBusiness.
The combined AllBusiness entity remained intact through April 2002 until being broken up and sold to various buyers, including Harroch, who bought back the original core assets of AllBusiness at that time.
AllBusiness is one of the few companies that survived the early Internet frenzy, the burst of the dot-com bubble
and a slow recovery of the Internet publishing industry. AllBusiness raised $10 million USD in a series B round of venture capital funding in July 2004
(drawing only $5 million) and $12.4 million USD in a series C round of funding in February 2006.
In December 2007, Dun & Bradstreet
acquired AllBusiness for $55 million USD. Today AllBusiness.com is part of D&B Digital, a group responsible for the free, advertising-supported Web sites owned by D&B. The site now offers more than twenty million pieces of business content including articles, periodicals, videos, blogs and legal forms and agreements.
Dun & Bradstreet
Dun & Bradstreet is a Fortune 500 public company headquartered in Short Hills, New Jersey, USA that provides information on businesses and corporations for use in credit decisions, B2B marketing and supply chain management...
, provides business information
Business information
Business information is one of the three main segments of the information industry. The other two segments are scientific, technical and medical and educational and training content....
and resources for small business
Small business
A small business is a business that is privately owned and operated, with a small number of employees and relatively low volume of sales. Small businesses are normally privately owned corporations, partnerships, or sole proprietorships...
es, those companies with fewer than 500 employees. The company also conducts research to measure the health and direction of the small business sector.
History
AllBusiness was founded in 1999 by San Francisco lawyer Richard Harroch, and within a year grew to more than 100 employees. During this time, San Francisco entrepreneur Keith Belling served as president, joined later by Teymour Boutros-Ghali (a nephew of former UN Secretary General Boutros Boutros-Ghali) as CEO. It was acquired by NBCi, the Internet venture of NBCNBC
The National Broadcasting Company is an American commercial broadcasting television network and former radio network headquartered in the GE Building in New York City's Rockefeller Center with additional major offices near Los Angeles and in Chicago...
, a subsidiary of General Electric
General Electric
General Electric Company , or GE, is an American multinational conglomerate corporation incorporated in Schenectady, New York and headquartered in Fairfield, Connecticut, United States...
, in March 2000 for $225 million USD. At the time, it was one of the largest purchases of a dot-com company. NBCi merged AllBusiness with an independent Internet company, BigVine.com, in November 2000 and the combined entity assumed the name AllBusiness.
The combined AllBusiness entity remained intact through April 2002 until being broken up and sold to various buyers, including Harroch, who bought back the original core assets of AllBusiness at that time.
AllBusiness is one of the few companies that survived the early Internet frenzy, the burst of the dot-com bubble
Dot-com bubble
The dot-com bubble was a speculative bubble covering roughly 1995–2000 during which stock markets in industrialized nations saw their equity value rise rapidly from growth in the more...
and a slow recovery of the Internet publishing industry. AllBusiness raised $10 million USD in a series B round of venture capital funding in July 2004
(drawing only $5 million) and $12.4 million USD in a series C round of funding in February 2006.
In December 2007, Dun & Bradstreet
Dun & Bradstreet
Dun & Bradstreet is a Fortune 500 public company headquartered in Short Hills, New Jersey, USA that provides information on businesses and corporations for use in credit decisions, B2B marketing and supply chain management...
acquired AllBusiness for $55 million USD. Today AllBusiness.com is part of D&B Digital, a group responsible for the free, advertising-supported Web sites owned by D&B. The site now offers more than twenty million pieces of business content including articles, periodicals, videos, blogs and legal forms and agreements.