Responsys Receives $20 Million in Mezzanine Round Financing

Greg Gretsch of Sigma Partners Joins Responsys' Board of Directors



Apr 11, 2001, 01:00 ET from Responsys, Inc.

    PALO ALTO, Calif., April 11 /PRNewswire/ -- Responsys, Inc., a pioneer in
 optimized interactive marketing solutions, today announced that it has
 received $20 million in funding from four prominent venture capital firms.
 The funding round was led by Sigma Partners, and included previous Responsys
 backers Accel Partners, Foundation Capital, and Redpoint Ventures.
     "This is a great vote of confidence in the products, people, customers and
 future of Responsys, and a ringing endorsement of the next generation of
 online marketing -- optimized interactive marketing, " said George Wiedemann,
 president and CEO of Responsys.  "We are completely focused on delivering
 optimized solutions to our Global 2000 customers, and this will help us grow
 our products and solutions even faster."
     Responsys is the first company to optimize interactive marketing programs
 by combining comprehensive customer data analysis and management systems with
 the industry's most powerful customer interaction platform.  With
 260 customers worldwide, including Allianz Life Insurance of North America,
 BMW, Chadwick's of Boston, CNN/Sports Illustrated, John Deere, and
 Lands' End, Responsys has more subscription-based customers than any other
 company in the interactive marketing industry.  Responsys also announced
 several new customers today in its quarterly news release.
 [See "New Global 2000 Customers Accelerate Responsys Momentum"]
     "The optimized interactive marketing category is at the early stage of
 revolutionizing marketing," said Gregory Gretsch of Sigma Partners, who will
 also join the Responsys board of directors.  "Every customer-focused company
 needs to use each communication as a way to learn from and strengthen the
 relationship with that customer.  The Responsys platform allows their clients
 to do just that."
     In February 2000, Responsys received $22.5 million in financing from
 Accel Partners, Foundation Capital, and Redpoint Ventures.
 
     About Accel Partners
     Founded in 1983, Accel Partners has a history of excellence and innovation
 in the venture capital business.  The firm is dedicated to partnering with
 outstanding management teams to build world-class Internet and communications
 companies.  With over $3 billion under management, Accel Partners has a long
 legacy of helping entrepreneurs build highly successful companies.  Accel
 portfolio companies have completed IPOs that have created well over
 $100 billion in market capitalization.  For more information, visit the
 Accel Partners web site at www.accel.com.
 
     About Foundation Capital
     Foundation Capital, a venture capital firm dedicated to building
 successful enterprises, invests in telecommunications and networking; Internet
 infrastructure; and enterprise software companies.  Made up of technical and
 operational experts with entrepreneurial experience, Foundation Capital's
 partners come from Cadence, Clarify, Excite@Home, Netscape, Network Appliance,
 Oracle, and SGI.  Some of Foundation Capital's portfolio companies include
 Commerce One, Interwoven, Vivace Networks, Airfiber, Peribit, and Tensilica.
 For more information, visit www.foundationcapital.com.
 
     About Redpoint Ventures
     Redpoint was founded in the fall of 1999 by three partners each from
 Brentwood Venture Capital and Institutional Venture Partners (IVP), two of the
 top ten Silicon Valley venture firms.  Redpoint's partners have years of
 experience and success in technology investing.  The firm's current investment
 strategy is focused on four next generation Internet and broadband categories:
 communication systems/software, communication components, infrastructure
 software, and media and content.
 
     About Sigma Partners
     Sigma Partners, an early stage venture capital fund, helps entrepreneurs
 achieve their dreams.  With more than $1 Billion under management, Sigma's
 investment strategy has been to focus on enterprise software and
 infrastructure companies that have the potential to define the market in which
 they compete.  Some of the firms past successes include Cascade, Vignette,
 Storage Networks, Octel, and ISS Group.
 
     About Responsys, Inc.
     Responsys, Inc. is a pioneer in the optimized interactive marketing
 movement, providing enterprises with the ability to have personalized web
 interactions with customers.  Responsys is the first -- and only -- company to
 integrate comprehensive customer data analysis and management systems with
 powerful, targeted customer interaction systems.  This unique combination
 delivers superior marketing return on investment by allowing enterprises to
 adapt and optimize their online customer interactions in real-time, based on
 the most current customer data.  Over 260 customers, including Avery Dennison,
 Chadwick's of Boston, CNNSI.com, Lands' End, MuseumCompany.com and VeriSign,
 integrate the Responsys(R) solution into their overall e-commerce strategy.
 Privately held, Responsys is based in Palo Alto, Calif., with additional
 offices in Portland, Oregon and London, England.  The company is backed by
 investors including Accel Partners, Foundation Capital, Redpoint Ventures, and
 Sigma Partners.  The company is TRUSTe certified.  For more information, visit
 www.responsys.com, email info@responsys.com, or call 888-219-7150.
 
     NOTE:  Responsys is a trademark of Responsys, Inc.  All other trademarks
 and registered trademarks are the properties of their respective owners.
 
 

SOURCE Responsys, Inc.
    PALO ALTO, Calif., April 11 /PRNewswire/ -- Responsys, Inc., a pioneer in
 optimized interactive marketing solutions, today announced that it has
 received $20 million in funding from four prominent venture capital firms.
 The funding round was led by Sigma Partners, and included previous Responsys
 backers Accel Partners, Foundation Capital, and Redpoint Ventures.
     "This is a great vote of confidence in the products, people, customers and
 future of Responsys, and a ringing endorsement of the next generation of
 online marketing -- optimized interactive marketing, " said George Wiedemann,
 president and CEO of Responsys.  "We are completely focused on delivering
 optimized solutions to our Global 2000 customers, and this will help us grow
 our products and solutions even faster."
     Responsys is the first company to optimize interactive marketing programs
 by combining comprehensive customer data analysis and management systems with
 the industry's most powerful customer interaction platform.  With
 260 customers worldwide, including Allianz Life Insurance of North America,
 BMW, Chadwick's of Boston, CNN/Sports Illustrated, John Deere, and
 Lands' End, Responsys has more subscription-based customers than any other
 company in the interactive marketing industry.  Responsys also announced
 several new customers today in its quarterly news release.
 [See "New Global 2000 Customers Accelerate Responsys Momentum"]
     "The optimized interactive marketing category is at the early stage of
 revolutionizing marketing," said Gregory Gretsch of Sigma Partners, who will
 also join the Responsys board of directors.  "Every customer-focused company
 needs to use each communication as a way to learn from and strengthen the
 relationship with that customer.  The Responsys platform allows their clients
 to do just that."
     In February 2000, Responsys received $22.5 million in financing from
 Accel Partners, Foundation Capital, and Redpoint Ventures.
 
     About Accel Partners
     Founded in 1983, Accel Partners has a history of excellence and innovation
 in the venture capital business.  The firm is dedicated to partnering with
 outstanding management teams to build world-class Internet and communications
 companies.  With over $3 billion under management, Accel Partners has a long
 legacy of helping entrepreneurs build highly successful companies.  Accel
 portfolio companies have completed IPOs that have created well over
 $100 billion in market capitalization.  For more information, visit the
 Accel Partners web site at www.accel.com.
 
     About Foundation Capital
     Foundation Capital, a venture capital firm dedicated to building
 successful enterprises, invests in telecommunications and networking; Internet
 infrastructure; and enterprise software companies.  Made up of technical and
 operational experts with entrepreneurial experience, Foundation Capital's
 partners come from Cadence, Clarify, Excite@Home, Netscape, Network Appliance,
 Oracle, and SGI.  Some of Foundation Capital's portfolio companies include
 Commerce One, Interwoven, Vivace Networks, Airfiber, Peribit, and Tensilica.
 For more information, visit www.foundationcapital.com.
 
     About Redpoint Ventures
     Redpoint was founded in the fall of 1999 by three partners each from
 Brentwood Venture Capital and Institutional Venture Partners (IVP), two of the
 top ten Silicon Valley venture firms.  Redpoint's partners have years of
 experience and success in technology investing.  The firm's current investment
 strategy is focused on four next generation Internet and broadband categories:
 communication systems/software, communication components, infrastructure
 software, and media and content.
 
     About Sigma Partners
     Sigma Partners, an early stage venture capital fund, helps entrepreneurs
 achieve their dreams.  With more than $1 Billion under management, Sigma's
 investment strategy has been to focus on enterprise software and
 infrastructure companies that have the potential to define the market in which
 they compete.  Some of the firms past successes include Cascade, Vignette,
 Storage Networks, Octel, and ISS Group.
 
     About Responsys, Inc.
     Responsys, Inc. is a pioneer in the optimized interactive marketing
 movement, providing enterprises with the ability to have personalized web
 interactions with customers.  Responsys is the first -- and only -- company to
 integrate comprehensive customer data analysis and management systems with
 powerful, targeted customer interaction systems.  This unique combination
 delivers superior marketing return on investment by allowing enterprises to
 adapt and optimize their online customer interactions in real-time, based on
 the most current customer data.  Over 260 customers, including Avery Dennison,
 Chadwick's of Boston, CNNSI.com, Lands' End, MuseumCompany.com and VeriSign,
 integrate the Responsys(R) solution into their overall e-commerce strategy.
 Privately held, Responsys is based in Palo Alto, Calif., with additional
 offices in Portland, Oregon and London, England.  The company is backed by
 investors including Accel Partners, Foundation Capital, Redpoint Ventures, and
 Sigma Partners.  The company is TRUSTe certified.  For more information, visit
 www.responsys.com, email info@responsys.com, or call 888-219-7150.
 
     NOTE:  Responsys is a trademark of Responsys, Inc.  All other trademarks
 and registered trademarks are the properties of their respective owners.
 
 SOURCE  Responsys, Inc.