Wednesday, March 9, 2011

Recommendation Engine StumbleUpon Stumbles Onto $17M From Accel, August Capital And Others

Recommendation engine StumbleUpon has just announced a $17 million Series B round of funding, from Accel Partners, August Capital, DAG Ventures, First Round Capital and Sherpalo Ventures. StumbleUpon has had an interesting history, being snatched up by eBay �in 2007 and then bought back by its founders for a rumored $29 million plus in 2009. Currently the service has 14 million users and now serves up over 800 million "Stumbles," or recommendations, a month.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/YQHdPZcH-Xo/

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