Thursday, March 20, 2008

FixYa ,the Web’s most popular place to get free advice for troubleshooting problems received $6 million

What Company is Offering:

FixYa is the Web’s most popular place for free product support and advice. Millions of users rely on FixYa’s community of product experts for quick answers to any question about any product, from gadgets to gardening tools.

How Much they Got From VCs:

FixYa ,the Web’s most popular place to get free advice for troubleshooting problems with gadgets, home appliances and consumer products, announced that it received $6 million in Series B funding by Mayfield Fund and Pitango Venture Capital. The funding was led by Mayfield Fund. Both funds participated in Series A funding, led by Pitango. FixYa will use the funds to expand its business operations in the United States and Israel and to offer new products and services to its rapidly growing user base.

“Consumers are dealing with a tidal wave of increasingly complex products at the same time that fewer resources are being committed by manufacturers to customer service and support,” said Raj Kapoor, managing director at Mayfield Fund and former CEO of Snapfish.com, who will join FixYa’s board. “We are proud to accelerate FixYa’s mission of helping consumers with this reality and the challenges they face as a result. FixYa’s community-based approach creates an efficient marketplace where people can ask questions and get answers to any high- or low-tech problem they may have with their gadgets or other products.”

More at:http://www.fixya.com

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