TheFind is a comparison shopping search engine that crawls many shopping sites across the internet (190 million products at over 500,000 stores). Other shopping sites often charge for the privilege of getting listed in engines like Shopping.com. This keeps the results page clean of nonsensical results while generating some extra revenue.
The impetus for the deal was to increase their offering targeted to the female market. TheFind will be powering the shopping search for Glimpse.com, enabling the site to cover more online boutiques, specialty fashion retailers, and brand stores.
TheFind was founded in 2003 and launched their main search site last year after running a of their technology on FatLens.com. They are funded by two rounds of financing totaling $23 million from Bain Capital, Redpoint, and Lightspeed Ventures.
Update: It sounds like Glimpse was out of cash and shopping themselves around. Rumored price was less than $100k.