Outbrain Receives $11,000,000 Series C Funding Round

  • Feed Type
  • Date
    2/14/2011
  • Company Name
    Outbrain
  • Mailing Address
    2 Rector street 11th floor New York, NY 10006
  • Company Description
    We want to combine the collective intelligence of like-minded RSS/blog readers and save each outbrainer time by floating the best posts and flagging the worst. No need for you to read something that 100 people like you thought was a waste of time.
  • Website
    http://www.outbrain.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $11,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    This infusion of capital will enable Outbrain to accelerate its growth and further scale its operations, expanding its business development and sales teams in the United States while continuing to grow its footprint in Israel and across Europe. Additionally, Outbrain will further invest in its already best-in-class recommendation technologies.
  • M&A Terms
  • Venture Investor
    Carmel Ventures
  • Venture Investor
    GlenRock Israel
  • Venture Investor
    Gemini Israel Funds
  • Venture Investor
    Lightspeed Venture Partners