We're very happy to announce this morning that Eurekster has secured $5.5 million in a Series B round of funding. The financing was led by Technology Venture Partners (TVP) of Australia and Transcosmos Investments of Japan.
As quoted in the press release, Steven Marder said, “Not only are we thrilled with global investors TVP and Transcosmos joining the Eurekster family but this transaction marks the next phase of accelerating our leadership in the social search and vertical search areas. With their support, we will more aggressively deliver on our vision for social search driving brand reinforcement, user engagement and improved targeting all to the benefit of web publishers, end users and advertisers."
We're excited as this new influx of cash supports our acceleration of further expansion (including global) and moving foward with a commercialization phase.
Check out our full press release for more details.