What Company Is offering:
Outbrain is a platform for ratings and recommendations of blog, news and RSS content. Bloggers and publishers can use Outbrain's free widget or API to provide readers with rating functionality and personalized reading recommendations. The widget can be installed with one click, and most leading blogging/RSS platforms are supported ? Blogger.com, TypePad, WordPress.org, Drupal, FeedFlare, MoveableType, etc. Thousands of websites have already installed the Outbrain widget, and millions of ratings and recommendations are being served by Outbrain daily.
How Much They Got From VCs:
Outbrain Inc. today announced the closing of a $5M A-round investment led by Gemini Israel Funds and Lightspeed Venture Partners .GlenRock Israel Leon Recanati's investment company which backed Outbrain since its inception, also participated in the round.
About VCs:
1.The partners of Lightspeed have invested over $800M in more than 100 technology companies over the past two decades and invests across the U.S., China, India and Israel. Lightspeed has contributed strong operational and sector expertise to market leaders such as Blue Nile, Brocade, Ciena, eHealthinsurance, Galileo Technology, Informatica, Kiva Software, Metasolv, Phone.com, Quantum Effect Devices, Riverbed, Sirocco, Virsa Systems and Waveset, working closely with these companies throughout the early stages of their business development lifecycles.
www.lightspeedvp.com
2.
A pioneer in Israel's venture capital industry, Gemini Israel Funds has grown to be the leading Israeli seed and early stage fund in the Information Technology arena. The firm, founded in 1993, manages more than $700 million in five funds. Investments are focused on the areas of Communications and Wireless Technologies, Enterprise Software, Internet, Consumer Electronics and Semiconductors, and more recently in Greentech. Through offices in Israel and Silicon Valley, Gemini offers portfolio companies access to top-tier U.S. based investors and a global network of corporate partners. As investment professionals, Gemini's key contributions include an ability to make daring investment decisions and the capability to utilize past operational experience in assisting portfolio companies. Past successes include: Allot, Mellanox, Saifun, Precise, Traiana, Butterfly, Commtouch, Ornet, Verisity, Jacada, Ceragon, Riverhead, nLayers, Itemfield and others.
www.gemini.co.il
More at:http://www.outbrain.com/
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