As previously rumored, Aggregate Knowledge closed a second round of financing earlier this year – $20 million to add to their previous $5 million round from Kleiner Perkins and First Round Capital. DAG Ventures led this new round, and Kleiner also participated.
The company works with content and ecommerce sites to provide personalized recommendations to page views and/or sales. The word in Silicon Valley is that they are doing one hell of a job for their partners, which include the Washington Post and Overstock.com. The company has fifteen partners to date, with more than 50 million uses between them.
Later this year the company says they will launch a new product, called Collective Discovery, that brings discovery cross-partner.
The company is also rumored to be at or near profitability, with most of the original $5 million investment still in the bank. This new round signals that they are planning a significant ramp up in operations.