Friday, July 18, 2008

Become.com is a powerful search engine and comparison shopping service got $8 million Vcs funding

What Company Is Offering:
Become.com is a powerful search engine and comparison shopping service. Founded by industry pioneers Michael Yang and Yeogirl Yun, creators of MySimon, Become.com helps people make better buying decisions and purchases online. Become.com searches over four 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 and 5000 merchants, Become.com provides the Web’s most robust and easy to use combination of relevant product research and comparison shopping.

How Much They Got From VCs:

European Founder’s Fund and Become.com , the Web’s fastest-growing site for comparison shopping, announced that European Founder’s Fund has made an $8 million Series D investment in Become.com.

This brings the total investment in Become, Inc. to $37.2M, including a recent Series C investment from TPG for $17.5M. Become.com has been profitable since Q4 2007 and raised these rounds to facilitate aggressive growth.

“This investment opens up new opportunities for our company,” said Michael Yang, Become.com’s Founder and CEO. “We look forward to taking our unique, research-based approach to comparison shopping to the European market and providing the best shopping experience possible for its users.”

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

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