TheFind.com overcomes crowded shopping market to raise $15 million (Tech Confidential

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TheFind.com overcomes crowded shopping market to raise $15 million

[Posted on July 12, 2007 - 3:32 PM]

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There just doesn't seem to be a way to lose in the online shopping search space. Despite competition from Become.com, Shopzilla, Shopping.com, Smarter.com, Yahoo! Shopping, Google's Froogle, NexTag, and PriceGrabber along with some missteps early on in its life, TheFind.com says its on its way to profitability.

Company CEO Siva Kumar told The Deal's George White that TheFind has raised a Series C round of $15 million from Bain Capital that will take it to profitability within 12 months. Incubated at Redpoint Ventures, TheFind.com went on to raise two rounds of funding worth $12 million since 2005 from Redpoint, Lightspeed Venture Partners and Cambrian Ventures.

For more on TheFind.com's third round of funding, see:
The Deal
Brian Smith

Tags: thefind.com, bain, shopping, vc, venture+capital

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