First Union Corporation

First Union provides financial and investment banking , mortgage, leasing, insurance, private equity, and securities brokerage services.

Business Model:

Revenue: $0

Employees: 10,001-1

Rankings

Detailed First Union Corporation Information

Geographic Data

First Union Corporation headquarters map

Address:

City: Charlotte

State: North Carolina

Zip:

Country: United States

Financial Info

Stage:

Raised Last:

$0

Raised Total:

$0

Metrics

0Website Global Rank

0Website Monthly Traffic

Twitter Followers

Description

First Union Corporation, with headquarters in Charlotte, North Carolina, is the nation&s;s sixth largest banking company based on assets of $258 billion at June 30, 2000. They have the largest domestic deposit share from Florida to Connecticut. First Union has a nationwide presence as the sixth largest securities brokerage company, based on more than 7,000 Series 6 and Series 7 registered representatives. They are advisors to the nation&s;s 20th largest mutual fund complex. They are among the nation&s;s largest middle-market commercial lenders. Their goal is to complement their traditional banking products with a completely integrated selection of investment banking, brokerage and asset management products and services. They rank among the Top 10 in several key Capital Markets products and services, including asset securitizations, leveraged finance and loan syndication transactions. First Union also has sizable small business and cash management operations, which rank among the Top 3 nationwide. First Union serves 15 million customers. Customers may access their account information and purchase financial products at any of more than 2,200 retail offices (the nation&s;s third largest branch network); nearly 3,800 automated teller machines (the nation&s;s fourth largest ATM network).

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Announced Date Company Transaction Money Raised
4/1999 Inflow Series B 10M
2/2002 ManagedStorage International Series B 0
4/2001 New Edge Networks Private Equity Round 0
3/2001 Inflow Debt Financing 0
5/2000 AdvisorTech Private Equity Round 0
4/2000 Quantum Bridge Communications Series C 0
8/2000 BondDesk Venture Round -
9/2000 ManagedStorage International Series B 0
10/1999 Affinity Venture Round 60M
7/2000 Outercurve Technologies Series A 14.5M
1/2000 VeloCom Private Equity Round 250M
3/2000 The Consumer Financial Private Equity Round 0
5/2000 Carolina BroadBand Private Equity Round 0
2/2000 carClub Venture Round 45M
2/2002 ManagedStorage International Series B 0
4/2001 New Edge Networks Private Equity Round 0
3/2001 Inflow Debt Financing 0
9/2000 ManagedStorage International Series B 0
8/2000 BondDesk Venture Round -
7/2000 Outercurve Technologies Series A 0
5/2000 Carolina BroadBand Private Equity Round 0
5/2000 AdvisorTech Private Equity Round 0
4/2000 Quantum Bridge Communications Series C 0
3/2000 The Consumer Financial Private Equity Round 0

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Startup Locations

Portfolio Current Status

Portfolio Employee Count

Announced Date Transaction Number of Investors Money Raised Lead Investors
Announced Date Name Price
3/1997 Impark

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