Pearltrees lands $1.6M more for social discovery on the Web

Pearltrees, a social tool for discovering and organizing Web content, has announced it secured a second round of funding for €1.3 million (US$1.6 million). The funding will be used to expand globally, especially in the US.

Connotate grabs $5.25M to keep an eye on web content

Connotate, a service that aggregates and analyzes web content for businesses, today announced that it has secured a first round of funding for $5.25 million from .406 Ventures. Funding will be used to continue development as well as for marketing and sales.