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Beyond.com Corporation

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Beyond.com Corporation

Beyond.com was originally founded in 1994 as a traditional online mail-order catalog under the name Cybersource. The company became a leading e-commerce services provider, building and managing online retail sites for third-party businesses, while also selling software and computer related products in the government, corporate and consumer markets. At inception, the company located its headquarters in a small suite over a barbershop in Menlo Park, California. In 1997, Beyond.com spun off its Internet operations into a new company, Cybersource, and created Software.net Corporation for the sole purpose of selling software online. Beyond.com and Cybersource were both taken public in highly successful IPOs, one of the few times that a venture capital investment resulted in two successful IPOs. Batterson Venture Partners investment in Beyond.com returned 20.9 times the investment within two years.

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