Comet Systems Overview
- Year Founded
-
1997
- Status
-
Acquired/Merged
- Latest Deal Type
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M&A
- Latest Deal Amount
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$33.5M
Comet Systems General Information
Description
Developer of personalized software products for consumers. The company developed the comet cursor which is a patented rich media technology that allows websites and web advertisers display a customized graphic or animation in place of the conventional arrow cursor.
Contact Information
Website
www.cometsystems.comCorporate Office
- 165 William Street No. 9
- New York, NY 10038
- United States
Corporate Office
- 165 William Street No. 9
- New York, NY 10038
- United States
Comet Systems Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Merger/Acquisition | 01-Feb-2004 | $33.5M | Completed | Generating Revenue | ||
| 4. Later Stage VC (Series C) | 01-Jul-2000 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series B) | 01-Jul-1999 | Completed | Product Development | |||
| 2. Early Stage VC (Series A) | 01-Jan-1998 | $2.5M | $2.5M | Completed | Product Development | |
| 1. Seed Round | 01-Jan-1997 | Completed | Startup |
Comet Systems Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C | ||||||||
| Series B | ||||||||
| Series A | 1,191,189 | $0.001000 | 8% | $2.1 | $2.1 | 1x | $2.1 | 9.62% |
Comet Systems Patents
Comet Systems Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| WO-1999000723-A1 | Server system and method for modifying a cursor image | Inactive | 25-Jun-1997 |
Comet Systems Former Investors (9)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Advantage Capital (Louisiana) | PE/Buyout | Minority | ||
| Carlin Ventures | Venture Capital | Minority | ||
| Clearstone Venture Partners | Venture Capital | Minority | ||
| Hudson Ventures | Venture Capital | Minority | ||
| MacAndrews & Forbes | Holding Company | Minority |
Comet Systems FAQs
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When was Comet Systems founded?
Comet Systems was founded in 1997.
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Where is Comet Systems headquartered?
Comet Systems is headquartered in New York, NY.
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What industry is Comet Systems in?
Comet Systems’s primary industry is Internet Software.
-
Is Comet Systems a private or public company?
Comet Systems is a Private company.
-
What is the current valuation of Comet Systems?
The current valuation of Comet Systems is .
-
What is Comet Systems’s current revenue?
The current revenue for Comet Systems is .
-
How much funding has Comet Systems raised over time?
Comet Systems has raised $29.5M.
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Who are Comet Systems’s investors?
Advantage Capital (Louisiana), Carlin Ventures, Clearstone Venture Partners, Hudson Ventures, and MacAndrews & Forbes are 5 of 9 investors who have invested in Comet Systems.
-
When was Comet Systems acquired?
Comet Systems was acquired on 01-Feb-2004.
-
Who acquired Comet Systems?
Comet Systems was acquired by FindWhat.com.
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