Where will the next billion-dollar startups come from? The tech world and most VCs tend to be parochial, looking at Silicon Valley, maybe New York, and a few other hot markets like China and Brazil. But what about the Old Country?
In the online advertising world, one of the hottest trends right now is what is known as ad retargeting. The idea is simple. When you visit a retailer’s or other advertiser’s Website, it drops a cookie on your browser and the next time it sees you pop up on another site it loads an ad from that retailer. You’ve already expressed interest in that advertiser by visiting their site, so they… → Read More
Funding Monday continues. NY/Israeli startup Outbrain is announcing a $5 million series A financing, led by Gemini Israeli Funds and Lightspeed Venture Partners. GlenRock Israel also put money into the round. The company was founded by Yaron Galai, a co-founder of Quigo (recently sold to AOL for $340 million), and Ori Lahav, previously a technologist at Shopping.com. It raised a $1 million seed… → Read More
French startup Criteo just raised $10.4 million (7 million Euros) in a B round from Index Ventures, reports TechCrunch France. This is on top of a 3-million-Euro round in April 2006 led by AGF Private Equity and Elaia Partners. Criteo sells recommendation-engine software to e-commerce and content sites. Competitors include Aggregate Knowledge, CleverSet, and ChoiceStream. Discovery is hot right… → Read More