Multiply Media LLC.

www.answers.com

Formerly Answers , GuruNet, Atomica

High-Tech Company

Acquired by Apax

TECH VERTICALS

Enterprise Applications, Search Engine

General Data

Sector	Enterprise Software & Infrastructure
Company Stage:	Revenue Growth
Established	1998
Number of Employees	20

DESCRIPTION

Answers Corporation owns and operates Answers.com, the leading Q&A site. Answers.com is a community-generated social knowledge Q&A platform, leveraging wiki-based technologies. Through the contributions of its large and growing community, answers are improved and updated over time. The award-winning Answers.com also includes content on millions of topics from over 250 licensed dictionaries and encyclopedias from leading publishers, including Houghton Mifflin, Barron's and Encyclopedia Britannica. The site supports English, French, Italian, German, Spanish, and Tagalog.

Answers launched an iPhone application called blufr, a social trivia game powered by information from Answers.com.

TECHNOLOGY

Knowledge sharing, UGC (User Generated Content).

ESTIMATED ANNUAL SALES

	TARGET MARKETS
	Internet Users.

COMPETITORS

Ask.com (Ask Answers) , Askville.com (now part of Amazon) , Demand Media – e-How.com, Answerbag.com , Dictionary.com (now part of Ask.com) , Mahalo Answers , Shvoong , Stackexchange.com , Wikia , Yahoo! Answers , Yedda

AFFILIATION

Account ID	Affiliation Type	Name	Parent Name	Status
0D4852FC-1F7A-E111-AC59-00155D32A403		Multiply Media LLC.		Acquired/Merged
A995093E-207A-E111-AC59-00155D32A403	R&D Center	GuruNet Israel Ltd.	Multiply Media LLC.	Ceased

SERVICE PROVIDERS

Company Name	Type
abC Defghij	Law Firm
abC Defghij	Law Firm
abC Defghij	Accounting Firm
abC Defghij	Investment Bank

REMARKS

Date	Remark
03/02/2011	AFCV Holdings merged with Answers and turned the Israeli branch into its R&D center.

CONTACT INFO

Expand / Collapse All

Main Address: St. Louis, United States

Address	6665 Delmar, Suite 3000
City	St. Louis
State/Province	MO
Country	United States
Zip	63130

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: New York, United States

Address	237 W. 35th St., Suite 1101
City	New York
State/Province	NY
Country	United States
Zip	10001

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title	Previous Position
Mr. David Karandish	CEO
Mr. Peter Horan	Senior Advisor
Mr. Rich Dredge	General Manager
Mr. Chris Sims	Chief Strategy Officer
Mr. Jim Yang	SVP, Products, Marketing, and Client Services	GuruNet (General Manager)
Mr. Jinlin Wang	CTO & EVP, Engineering	TSVC (Managing Director)
Mr. Bob Rosenschein	Co-Founder

Mergers & Acquisitions

Round

Date

Stage

Amount

Valuation

Acquired

Aug. 11, 2014

Revenue Growth

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Private Equity Fund	abCDe	Apax purchased Answers, together with Webcollage, from Summit Partners, TA Associates, and founder shareholders for $388m. Members of Answers’ senior management invested alongside Apax.

Acquired

Apr. 14, 2011

Revenue Growth

abCDe

Summit purchased Answers through its subsidiary, AFCV Holdings which took over the company and delisted it. 04/2012: Answers received a significant minority investment from TA Associates. 12/2013: Answers raised $300 million in equity from existing investors, including Summit Partners, TA Associates and AFCV. 08/2014: Holdings of Answers, together with Webcollage, were sold to Apax Partners.

* New investor

Investor	Type	Amount	Remarks
abC Defghij*	Private Equity Fund	abCDe	Summit purchased Answers through its subsidiary, AFCV Holdings which took over the company and delisted it. 04/2012: Answers received a significant minority investment from TA Associates. 12/2013: Answers raised $300 million in equity from existing investors, including Summit Partners, TA Associates and AFCV. 08/2014: Holdings sold to Apax Partners.

Public Offerings

Deal Date	Type of Offering	Exchange	Amount Raise	Valuation	Remarks
Oct. 13, 2004	IPO	NASDAQ GS	abCDe	abCDe	Initially, the company's stock had been trading on the AMEX Stock Exchange under the symbol GRU; Delisted from trade on 04/2011, following its acquisition.

	FINANCIAL ROUNDS

Total Capital Raised
abCDe

Financial Rounds

Numbers of Investors

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Round

Date

Stage

Amount

Valuation

PIPE - Extended

Jun. 12, 2009

Initial Revenues

abCDe

PIPE

Jun. 17, 2008

Initial Revenues

abCDe

Third Round

Dec. 01, 2003

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe	Investment by ISLP III Annex fund
abC Defghij	Private Investor	abCDe

Second Round

Jun. 01, 2000

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Corporate VC	abCDe
abC Defghij	Angel Club/ Group	abCDe
abC Defghij	Angel Club/ Group	abCDe
abC Defghij	Angel Club/ Group	abCDe
abC Defghij	Investment Company	abCDe
abC Defghij	Investment Company	abCDe
abC Defghij	Other	abCDe
abC Defghij	Private Investor	abCDe
abC Defghij	Private Investor	abCDe
abC Defghij	Other	abCDe

First Round

Mar. 01, 1999

R&D

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Studio	abCDe
abC Defghij	Other	abCDe
abC Defghij	Other	abCDe
abC Defghij	Private Investor	abCDe
abC Defghij	Private Investor	abCDe
abC Defghij	Other	abCDe
abC Defghij	Private Investor	abCDe
abC Defghij	Private Investor	abCDe
abC Defghij	Private Investor	abCDe

	Acquisitions made by Multiply Media

Acquired Company	Sector	Date	Amount	Remarks
abC Defghij	Enterp...	May. 28, 2013	abCDe	In August 2014 Apax Partners acquired Answers, the owner of Webcollage at the time, Answers sold the company to Gladson.
abC Defghij	N/A	Jul. 18, 2007	abCDe
abC Defghij	N/A	Nov. 08, 2006	abCDe
abC Defghij	Enterp...	Dec. 06, 2005	abCDe	$4m in cash.

Last Updated:	abCDe
IVC Number:	abCDe