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West Shore remains stealthy about financing
INTERNET
By Phil Leggiere, LocalBusiness.com
Jul 20, 2000 11:13 AM ET

NEW YORK, July 20 (LocalBusiness.com) -- An earlier version of this story misidentified Milstein Brothers Capital and said the company was developing Web search engine technology. The corrected version appears below.

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West Shore Inc., a Web technology start-up developing what it claims will be a "revolutionary" Web organizational tool, has raised an undisclosed amount of Series A funding from Milstein Brothers Capital and an individual investor.

David Seldin, managing director of Milstein Brothers Capital, will take a seat on WestShore's board of directors.

West Shore, which was formed in April 1999, has operated during the past year in what it terms "stealth mode" in preparation for the public release this fall of a new Web searching and navigation aid. The product is described as a toolbar that resides atop a computer user's Web browser, offering additional user-friendly functionality in searching, navigating and organizing material.

The company is said to be preparing to announce a first beta test of the product soon.

West Shore's CTO Aitan Weinberg, the person responsible for developing the new technology, previously spent three years as a software developer heading the Ease of Use group at Bloomberg. There he helped design a help/search engine system providing users with a portal to all of the financial content on the Bloomberg site.


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