Loomia snags $1.5M to recommend news, products
Loomia, maker of a recommendation engine that tells people what news to read and which products to buy, has raised $1.5 million in debt and rights, according to a filing with the SEC. Asset Management, Peacock Equity Fund and Telefonica have contributed to the San Francisco-based company before. It has raised about $6.5 million to date.
Loomia raises $5M to make recommendations
Loomia, which tells users what web content is popular among their friends, has raised $5 million in a first round of funding.
The San Francisco-based startup launched in June 2005 (our coverage of its early features), but it only released its SeenThis? application in January of this year (our coverage). The application allows you to see what content interests your friends on Facebook and other social networks. Loomia managed to enlist some high-profile partner sites: The… Continue Reading
Roundup: Dual-mode Blackberry, VCs go late, Pyramid 2.0 continued, and more
Here’s the latest action:
Blackberry 8820 announced – It is the first BlackBerry that is dual-mode, letting you use both cellular networks (EDGE/GPRS/GSM) and WiFi. More at ZDNet. This is probably enough for BlackBerry to stave off the iPhone, at least among the BrackBerry-fixated VC crowd.
Ashopfor.com, latest Web 2.0 pyramid scheme — Like Zlio (see our coverage), Ashopfor.com is a company that lets you create an online store, and wants to give you money for sales you… Continue Reading
Aggregate Knowledge raises $5M from Kleiner, on a roll
You’re familiar with Amazon.com’s recommendation feature: “People who bought this book, also bought these books.”
Aggregate Knowledge is a Menlo Park start-up offering such a recommendation service on a mass scale — to any Web site. But it does Amazon one-better by watching consumer reading patterns online, and giving recommendation feedback immediately. (Amazon updates its recommendations once a month)
By all accounts, AK is doing very well. It started in April, and is already making $2… Continue Reading