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The company specializes in fundraising over the Internet and has been sold to an American Internet giant. "}]},{"type":"html","tag":"p","attribs":null,"content":[{"type":"text","content":"The price tag was $25 million dollars, and the deal could create 200 jobs in Montreal. "}]},{"type":"html","tag":"p","attribs":null,"content":[{"type":"text","content":"Entrepreneurs in Old Montreal's Multi-Media City are hailing the announcement as a local success story for two young graduates. One of them is the company's vice-president Eric Boyko, who says he's thrilled "},{"type":"html","tag":"a","attribs":{"href":"http:\u002F\u002Fwww.Efundraising.com\u002Fefund.htm"},"content":[{"type":"html","tag":"b","attribs":null,"content":[{"type":"text","content":" Efundraising.com "}]},{"type":"text","content":" "}]},{"type":"text","content":" has grown into a world leader in on-line fundraising. 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canada" aria-expanded="false" aria-controls="responsive-nav-more-items-list" data-cy="more-button">More<!-- --> <span class="icon"><svg viewBox="0 0 10 10" focusable="false" class="chevronIcon" width="10px" height="10px" aria-label="chevron" aria-hidden="true"><g><path d="M10,0v3L5,7L0,3V0l5,4L10,0z"></path></g></svg></span></button><ul class="moreItemsList" data-cy="more-items-list" id="responsive-nav-more-items-list" aria-hidden="true"></ul></div></li></ul></div></nav></header><!--/$--><div class="ad-risingstar-container"></div><div id="a11yNotification" class="a11y" role="alert" aria-live="polite">Montreal company hits it big with e-fundraising | CBC News Loaded</div><main class="feed-content content" id="content"><!--$--><div class="detail detailBody pageComponent"><div class="detailBodyContainer withSidebar"><div class="withFlex"><div class="detailMainCol sclt-storycontent" id="detailContent"><!--$--><span class="detail-link-label sclt-storySectionLink"><a class="" href="/news/canada"><span>Canada</span></a></span><!--/$--><h1 class="detailHeadline" lang="en" data-cy="detailHeadline">Montreal company hits it big with e-fundraising</h1><div class="detailSummary"></div><!--$--><div class="byline"><div class="bylineDetails">CBC News<!-- --> <span class="bullet"> 路 </span><time class="timeStamp" dateTime="2000-04-03T22:51:43.000Z">Posted: Apr 03, 2000 6:51 PM EDT | Last Updated: April 3, 2000</time></div></div><!--/$--><!--$--><div data-cy="storyWrapper"><!--$--><!--/$--><div class="engagement-widgets"><div class="share"><h2 class="a11y">Social Sharing</h2><div class="viafoura"></div></div></div><div class="story"><p>A small Montreal Internet company has just made the deal of a lifetime. The company specializes in fundraising over the Internet and has been sold to an American Internet giant. </p><p>The price tag was $25 million dollars, and the deal could create 200 jobs in Montreal. </p><p>Entrepreneurs in Old Montreal&#x27;s Multi-Media City are hailing the announcement as a local success story for two young graduates. One of them is the company&#x27;s vice-president Eric Boyko, who says he&#x27;s thrilled <a href="http://www.Efundraising.com/efund.htm"><b> Efundraising.com </b> </a> has grown into a world leader in on-line fundraising. </p><p>Boyko says the deal is a major achievement for his young company. </p><p>&quot;I just hit 30 last week so I&#x27;m getting to be one of the old ones,&quot; he jokes. </p><p>E-fundraising provides online fundraising for some 8,000 schools across the US, and the American company ZapMe saw its potential. </p><p>It will provide the Montreal company with an enormous distribution network because it&#x27;s a world leader in on-line educational tools. </p><p>The concept of selling chocolate bars by e-mail instead of door-to-door excited president Rick Inatome. </p><p>We can see that it will move faster to the Internet model than any other industry that we see in the horizon. Faster than ticket-selling, or books or life insurance sales.&quot; </p><p>Inatome says he was attracted by Montreal&#x27;s wealth of talent in multi-media technology. And Efundraising.com is promising it hasn&#x27;t sold itself out to an American company. </p><p>It says the deal will create about 200 jobs in programming and customer service in Montreal. </p><p>Click here to visit <a href="http://www.Efundraising.com/efund.htm"><b> Efundraising.com </b> </a>.</p><p></p></div></div><!--/$--><!--$--><!--/$--><div class="contentFeedback-RoTQP"><div class="bottomSeparator-FdM_L"><a href="https://cbc.radio-canada.ca/en/vision/governance/journalistic-standards-and-practices" class="journalistLink-WCERZ">CBC&#x27;s Journalistic Standards and Practices</a><span class="separator-NZujE">|</span><a href="/news/about-cbc-news-1.1294364" class="trustProjectLink-QxM0q">About CBC <!-- -->News</a></div><a class="reportIssue-xC8cZ" href="/news/corrections-clarifications-1.5893564">Corrections and clarifications</a><span class="separator-NZujE">|</span><a class="reportIssue-xC8cZ" href="/news/email-cbc-contact-phone-tips-news-story-1.6466536">Submit a news 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