StumbleUpon Gets $17 Million

Recommendation engine StumbleUpon has secured $17 million in a second-round of funding from Accel Partners, August Capital, DAG Ventures, First Round Capital and Sherpalo Ventures. The company said it plans to invest the new capital in its core discovery technology, expand to new platforms and grow the employee base. StumbleUpon was acquired in 2007 by eBay for $75 million before being sold back to its founders two years later. Since then, the company says its service, which suggests Web sites for people to discover based on preferences, has doubled its registered user base to more than 14 million. Here's the full release.
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