FindTheBest Raises $11 Million of Series B Funding
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Summerland, California – FindTheBes, an unbiased, data comparison engine that collects and organizes objective information about hundreds of products and services has raised $11 million of series B funding led by New World Ventures and backed by Montgomery & Co. and existing investors Kleiner Perkins Caufield & Byers and from the start-up founder Kevin O’Connor.
“People waste hours contemplating important decisions — whether it’s an expensive purchase like a new appliance, or a life-changing decision like which college to attend — and information on the web often confuses more than it helps,” said Kevin O’Connor, founder and CEO of FindTheBest. “Searching online is an effective way to access massive amounts of information on any topic, but the more important the decision, the more overwhelming the content can be — especially if it’s cluttered by advertisements.”
The company now has $17 million of funding and plans to use it to expand its market reach and build out revenue from its more than 20 million members.
Funding Total: $11,000,000
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|Investors: New World Ventures, Kleiner Perkins Caufield & Byers|