Database marketing services company Informix Corp., Menlo Park, CA, has completed its acquisition of Cloudscape Inc., which offers synchronized database solutions for remote workforces in a stock deal.
Online shopping delivery service Kozmo.com, based in New York, has received $28 million in its first official round of venture capital funding from Flatiron Partners, Oak Investment Partners and Chase Capital Partners. In addition, J.W. Seligman & Co, Inc., Hambrecht & Quest Group, Thomas Weisel Partners, LLC., Triad Media Ventures LLC and New York City Investment Fund have provided some funds.
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