Outbrain Raises $35 Million in Series D Funding; Led by Index Ventures
Dec 14, 2011 at 8:05 AM by Yaron Galai | 1 Comment | Permalink
A few days ago I tweeted a quote by Dave McClure of 500Startups: “Startups should NOT be measured by how much FUNDING they raise, rather by how much AWESOME they create / REVENUE they get.” (via @hnshah – thanks!)
- Continue expanding globally by providing our content discovery engine in more languages and more geographies. In 2011, we expanded to the UK, France and Germany, and in 2012 we plan to continue that expansion.
- Delight people who are consuming content on more devices and screens. In 2011, we expanded our service to publishers’ mobile websites. There are other screens and devices where people consume their favorite content, and we’d love for Outbrain to be of service in those places.
- Recommend the best content, regardless of its type. In 2011, we started powering content recommendations in video in addition to text articles. We’ll be looking to strengthen our commitment to all types of publisher content.
- Continue investing heavily in the development of the best algorithms in the world for content recommendations, while supporting a robust and highly scalable serving infrastructure.
We chose to do this round with our new partner — Index Ventures — for several reasons. First and foremost, Dominique Vidal, who is joining our Board of Directors, is a perfect match both in his experience as founder of Kelkoo and x-CEO of Yahoo Europe, and in his vision for Outbrain’s future. Secondly, Index is a truly global VC firm with deep roots in the European markets where we are expanding. We couldn’t have imagined a better fitting partner for the company at this stage.
We’re excited to have our previous investors join this round as well. They have been instrumental in helping us build everything we’ve built to date, and helping us stay heads-down focused on delivering AWESOME to our customers.
See the official press release and coverage on Ad Age, All Things D, Betabeat, Fast Company, GigaOm, Paid Content, TechCrunch and VentureBeat for more information.
Posted in Buzz, Company News, Outbrain, Press, Press Releases, Advertising Age, All Things D, Betabeat, buzz, company investments, Fast Company, GigaOm, Paid Content, Press, TechCrunch, VC, VC Funding, venture capital, VentureBeat| 1 Comment
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