Wednesday, March 26, 2008 ,the Web’s fastest-growing site for comparison shopping got $17.5 million Series C

What Company Is Offering: is a powerful search engine and comparison shopping service. helps people make better buying decisions and purchases online. searches over 5.6 billion web pages and uses its patent-pending AIR(Affinity Index Ranking) search technology to provide the Internet's most useful product reviews and guides, and then makes it easy to find and buy products from brand name retailers at the best prices. With over 25 million products from 5000 merchants, provides the Web's most robust and easy to use combination of relevant product research and comparison shopping. Founded by industry pioneers Michael Yang and Yeogirl Yun, creators of MySimon.

How Much They Got From VCs: ,the Web’s fastest-growing site for comparison shopping, announced that TPG Growth has made a $17.5 million Series C investment in

How Is Market Of That Kind Of Company:

A survey of shopping habits from Accenture found that 69 percent of respondents now research products online, 68 percent compare prices online before shopping in a physical store and 58 percent locate items online before going to a store to purchase.
· Independent firm comScore Media Metrix ranked the fourth-fastest-growing Website of any kind in October 2007.’s site traffic grew 260% from February 2007 to February 2008.

About VCs:
TPG Growth is the venture, growth and smaller buyout investment platform of TPG, the global private investment firm. With more than $2.5 billion under management, TPG Growth targets investments in technology, life science, biotechnology, renewables, and consumer companies utilizing venture capital, growth equity, public equity and leveraged buyout structures. The firm is backed by the resources of TPG with more than $50 billion of assets under management. TPG Growth has offices in the US, China and India. TPG also brings specific expertise in the retail industry, with a history of successful retail investment in leading companies such as J.Crew and Debenhams. For more information, please visit

More at:

No comments: