Microsoft has purchased comparison shopping company Jellyfish.com.
Madison, Wisconsin-based Jellyfish.com is a search engine that returns lists of rebated items from sellers, ranked according to price, showing buyers the full price of items including the rebate provided by the seller.
The company’s twist: When a buyer purchases something from a seller, Jellyfish.com shares at least half of the referral fee with the buyer that it makes from the seller.
Microsoft’s Live Search team blogs that Jellyfish.com’s technology may be put to use for shopping and commerce-related aspects of Live Search (more here).
Terms of the deal were not disclosed. Jellyfish raised $5 million in funding from private equity funds Kegonsa Capital Partners and Clyde Street Investments last fall.
Tags: co:jellyfish, co:microsoft, inv:clyde-street-investments, inv:kegonsa-capital-partners2 Comments
-
Mercury News said:
http://www.fatwallet.com (Fatwallet) is a great community driven site for deals.
-
Clara said:
Fatwallet.com is a good site; I use http://www.mysavings.com to get free samples to try before I buy.
3 Trackbacks
9:21 am
Xbox » Microsoft buys shopping site Jellyfish.com said:
[...] unknown wrote an interesting post today onHere’s a quick excerptMicrosoft has purchased comparison shopping company Jellyfish.com. Madison, Wisconsin-based Jellyfish.com lists rebated items from sellers, showing customers the full price of items (including the rebate). … [...]
10:10 am
Online links 18 - Online said:
[...] Microsoft compra JellyFish, un comparador de compras muy al estilo de lo que fue Kelkoo en su día pero más 2.0. Carlos Blanco también lo comenta [...]
12:03 am
Microsoft Live Search: If at first you don’t succeed, pay your users » VentureBeat said:
[...] new approach stems from Microsoft’s acquisition of comparative shopping engine Jellyfish last [...]