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outbrain funded

May 7, 2007 at 1:07 AM by Yaron Galai | View Comments | Permalink

This morning we announced the closing of our seed financing. Among those who participated in the round are GlenRock Israel (www.grg.co.il), LGiLab (www.lgilab.com) – a joint venture between two VC’s – Lightspeed Venture Partners and Gemini Israel, Sigma PCM (www.sigma-pcm.co.il), and private investors.

We’re extremely grateful to those who believe in our team and vision, and couldn’t have hoped for a better group of investors. The funding will be used primarily to grow our small team (we’re hiring, btw…) and build outbrain into the leading blog/RSS ratings platform in the world.

More coverage on Ouriel’s blog, Mashable and alarm:clock.

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