The Deal
Sunday, November 22, 
7:52 am

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

  Share     E-Mail    Discussion    Print Story

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: , , , ,

Continue reading below

Also on Dealscape





Post a comment




The Deal Pipeline

Deal Video


Inside The Deal: Avaya Inc.'s Mohamad Ali on the company's next target.


More video...

Crisis On Wall Street
Technology
Deals of The Decade

Community

Industry Insight

Managing your shareholder base

Growth companies and their PE sponsors should be wary of the pitfalls that arise when they layer on tiers of preferred stock.


Industry Insight

Easing the stress of distressed M&A

Corporate buyers face numerous complexities when trying to identify the right moment to purchase a distressed asset.


Editor's Note

Editor's letter: Nov. 16, 2009

Beneath the veneer of Wall Streeters beats the same heart, stirred by the same determinants of behavior.



©Copyright 2008, The Deal, LLC. All rights reserved. Please send all technical questions, comments or concerns to the Webmaster.