Comparison Shopping Searcher Raises $17.5 Million Third Round

This story was written by Joseph Weisenthal.
Comparison shopping site has raised a $17.5 million third round from TPG Growth. Launched by team from MySimon back in 2004, the Mountain View-based company has previously announced $11.7 million in funding, for a total of $29.2 million. The company is in a crowded field, though it claims to have been profitable for the past two quarters. The pitch: its proprietary algorithm helps it deliver the most accurate and broad results. In addition to pure price, the site offers other information, like reviews and product guides. Release.

By Joseph Weisenthal
  • CBSNews



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