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Picture 2Yidio, which lets you search for TV shows and movies on the web, just raised $500,000 in angel funding.

The site, which launched last year and is already profitable, helps you find more than 300,000 episodes of TV shows online and directs you to where to watch them. It just overhauled the site last week, adding sharing so you can send out links to your Facebook network, comment on and “like” shows, and collaborative filtering for show recommendations. (A close competitor, Clicker, also opened to the public today.)

“We’ve taken a very unorganized, fragmented market and made it extremely easy to navigate with episode guides that tell you where to consume content,” said Adam Eatros, Yidio’s chief operating officer. “It’s a one-stop destination to find out where to go, whether it’s paid through iTunes or free through Hulu.”

Yidio’s new backers include Appolicious CEO Alan Warms and James Crouthamel, who sold Performics to DoubleClick.

CEO Brandon Eatros said the round was done more for strategic advice than financing needs. Yidio attracts about 4 million unique monthly visitors and earns revenue off affiliate fees by referring people to buy related DVDs or by signing them up for premium Netflix subscriptions.

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