Twenga gets €2.6M for yet another shopping search engine

December 7, 2007 | Matt Marshall

European shopping search engine Twenga has received €2.6 million from venture capital firm 3i, reports Techcrunch.

The site launched in the UK in early November, and it is translated into several European languages. Perhaps it has a fighting chance by launching in Europe, because the U.S. market is chock full of competitors, with sites like Yahoo, but also Shopping.com, Nextag, Shopzilla, The Find and a bunch of other startups from Bountii to Pricefight, Retrevo and SmartShopper.
The company says it has gotten 7 million visitors in November, but Techcrunch doesn’t report where that traffic comes from. Most young search engines buy their traffic by placing advertisements on places like Google, and drawing people with easy clicks. Also, no word on whether these are uniques.

Next Story: Blackwave, says it has major storage improvement for video
Previous Story: Life sciences briefing: Friday, Dec. 7, 2007

Twitter

Facebook

Google Buzz

Digg

StumbleUpon

Delicious

Google

More...

Tags: deal

About the Author, Matt Marshall

Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.