March 30, 2001

Zelerate closes its doors

Author: JT Smith

Anonymous Reader writes "Zelerate (formerly OpenSales) fired their remaining staff and closed its doors at 4pm PST on Wednesday, March 29th. Zelerate had previously laid off most of its employees in two waves; in January and just last week. Zelerate is funded by idealab!(sm), which has shut down many of its other companies in the past few months due to a lack of funding and poor management."

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