.406 Ventures Press Releases
RATEPOINT ANNOUNCES ADDITION OF JEFF BENNETT TO BOARD OF DIRECTORS
Industry Veteran to Join RatePoint’s Dynamic Group of Technology Leaders to Help Drive Company Growth
Needham, Mass. – July 15, 2008 – RatePoint, a leading provider of customer feedback and online reputation management services, today announced that it has added Jeff Bennett, president and chief operating officer of NameMedia, to its board of directors. Mr. Bennett joins the RatePoint board in an effort to further drive the growth trend of the company in the online reputation management market. He joins current members Neal Creighton, co-founder and CEO, RatePoint; Christopher Bailey, co-founder and CTO, RatePoint; Jim Counihan, general partner, Prism VentureWorks; and Larry Begley, managing partner, .406 Ventures.
Mr. Bennett is an industry leader in the fields of social media and e-Commerce. As president and COO of NameMedia, Mr. Bennett oversees all day-to-day operations of the company and serves on its board of directors. NameMedia is an industry leader in the acquisition, development and trading of digital real estate through a network of highly targeted websites and a marketplace for premium domain names serving an Internet audience of more than 70 million visitors each month. Mr. Bennett led the effort with Highland Capital and Summit Partners to acquire BuyDomains and develop the YesDirect Network that is the foundation of NameMedia.
“We’re very excited to have Jeff join the RatePoint board of directors. With Jeff’s breadth of experience and his leadership in the technology market, we feel we’re even better positioned to lead in the reputation management space,” said Neal Creighton, co-founder and CEO, RatePoint. “Where technology is constantly changing, Jeff is the type of person who immerses himself in thinking strategically in driving the market successfully, and his track record speaks for itself.”
Prior to founding NameMedia, Mr. Bennett served in several executive roles at Terra-Lycos and Lycos, including executive vice president of corporate development and vice president and general manager of e-commerce. He founded the Lycos E-Commerce business and led this business unit to extraordinary growth that included establishing a 1,000 merchant and small business marketplace in six months.. Mr. Bennett was also the architect of several strategic acquisitions and alliances during his tenure. Mr. Bennett earned a bachelor of science degree, cum laude, from Bentley College in Waltham, Mass.
About RatePoint, Inc.
Founded in 2006, RatePoint, Inc. offers a powerful, quality-assurance certification and customer feedback platform for today’s growing businesses. Leveraging the latest in Web 2.0 trends, web content authentication and consumer ratings systems, RatePoint, Inc. is revolutionizing the way businesses and consumers define, identify and monitor quality. RatePoint, Inc. was founded by the founders of GeoTrust and is a venture backed by Prism VentureWorks and .406 Ventures. For more information about RatePoint, Inc., please call 888.777.1636 or visit http://www.ratepoint.com.
