With More Than 1.5B Recommendations Daily, Taboola Raises $15M More To Fund International Expansion
Content recommendation and distribution startup Taboola has grown quickly over the past year or so. It’s looking to accelerate that growth, adding another $15 million in funding led by Pitango VC, along with participation from existing investors Evergreen Venture Partners, WGI Group, and Marker. That funding will be used to double headcount and open offices in new, strategic markets.
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Home Swapping Startup CasaHop Raises $1.2 Million From First Round, Lerer Ventures, Betaworks, And Others
New York City-based CasaHop aims to be the go-to place for home swapping on the web, and it's signed up a pretty impressive lineup of investors. The company just raised a $1.2 million seed round led by First Round Capital, with participation from Lerer Ventures, Betaworks, hotelier Andre Balazs (who owns The Standard and The Mercer), MTV co-founder and Clear Channel CEO Bob Pittman, TechStars managing director David Tisch, One Laptop per Child (OLPC) founder Nicholas Negroponte, 24/7 Real Media and Tacoda co-founder Dave Morgan, and Moat and WGI Group co-founder Jonah Goodhart. The idea behind CasaHop is to democratize home sharing, and use technology to help people find places to stay and learn more about the places that they're visiting. There's something about being able to drop into each others' lives and travel like a local that's appealing, but few sites have specialized in the experience. Paul Berry, the ex-CTO of HuffPo and partner in SoHo Tech Labs, where CasaHop was incubated, ...
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With Half A Billion Video Recommendations Daily, Taboola Gets $10 Million From Marker
Over the last several years, Taboola has quietly emerged to offer video recommendations on a number of top publisher websites in the U.S. Now it's setting its sites on international growth and a whole set of new devices that it can make recommendations on. To expand those capabilities, Taboola has raised a $10 million Series C round led by Marker LLC, a New York City-based fund founded by Rick Scanlon and Thomas Pompidou. The round also includes existing investors Evergreen Venture Partners and WGI Group, and brings total funding to $25 million. Taboola provides a platform that publishers can use to recommend videos on their sites. It frequently appears as a widget that shows a series of three-to-five thumbnails users can click through to watch videos related to whatever they are currently reading or watching. Those videos can come from the publisher's own site, or can include related content from Taboola's network of content creators.
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Yext Raises $27M More At A $270M Valuation
Yext, a company that helps local businesses synchronize their listings across 50 different sites, just announced that it has raised $27 million in Series E funding. Yext did not provide a valuation, but a source close to the company tells me that it was $270 million. The round was led Marker, a new fund launched by Rick Scanlon, founder of Crescent Point Capital Group. CrunchFund (whose investor AOL owns TechCrunch) also participated, as did past investors Sutter Hill Ventures, Institutional Venture Partners, and WGI Group.
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