What Company is Offering :
Twenga is the leading next generation shopping search engine, committed to giving consumers the largest choice of products and retailers online, and the tools to make smarter decisions. Twenga, meaning "straight to the point" in Swahili, prides itself on its true impartiality, listing search results by relevance. Its comprehensive product catalogue is fuelled by a proprietary crawl technology that enables the indexing of all products and retailers on the web. Founded in September 2006 and headquartered in Paris, France, Twenga currently has sites in the UK, France, Germany, Spain, Italy and, Poland. Listing 40 million products from over 25,000 merchants, the Twenga sites are growing rapidly.
How Much They Got In VCs Funding:
3i today announces a Euro2.6m investment in Twenga SA, a next generation shopping search engine, enabling consumers to compare, review and purchase the most complete range of products online.
About VCs:
3i is a world leader in private equity and venture capital. They focus on Buyouts, Growth Capital, Venture Capital, Infrastructure and Quoted Private Equity ("QPE") and invest across Europe, the United States and Asia. Their competitive advantage comes from their international network and the strength and breadth of their business relationships. These underpin the value that we deliver to our portfolio and to our shareholders.
3i's Venture Capital partners focus on investing in scaleable early to late stage technology and healthcare businesses on a global basis. The business currently manages investments across Europe, US, Asia and Israel. 3i VC plans to invest $1.5bn funds over the next five years in exciting and ambitious companies in the following areas: IT (digital media, enterprise IT and semiconductors), healthcare (biotech, medtech and specialty pharma) and clean technology.
More at:http://www.twenga.com/
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