Raises $8 Million For European Expansion

  • July 18, 2008
Comparison-shopping site has raised $8 million in fourth-round financing from the European Founders Fund. That brings the company's total investment to date to $37.2 million.

In announcing the investment,'s founder and CEO Michael Yang said the company plans to use the capital to enter new markets in the U.K., Germany and France.

Run by three brothers--Marc, Oliver and Alexander Samwer--the European Founders Fund in Germany has previously invested in LinkedIn, Facebook and online video network Tremor Media.'s search engine indexes 4 billion Web pages to come up with the most relevant product reviews and guides along with links to retail sites. Faced with a slowing economy, consumers are increasingly turning to comparison-shopping sites like to find the best prices, comScore said last month.

--Mark Walsh



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