TheFind Raises $15 Million Financing

TheFind.com, a discovery shopping engine that indexes more than 170 million products from 500,000 stores, has secured another $15 million from venture capital firms headed by Bain Capital Ventures. Existing investors participated in this new financing include Redpoint Ventures and Lightspeed Venture Partners.

Launched in October 2006, this additional investment will help to strengthen search capabilities and significantly increase market share in the $161 billion e-commerce industry.

“This round of funding further validates TheFind’s approach to online shopping, and we are thrilled to partner with an experienced investor like Bain Capital Ventures. The depth of industry understanding that the firm’s partners bring, combined with their winning track record in the retail and media sectors, are invaluable in the current phase of our company’s growth,” said Siva Kumar, CEO and co-founder of TheFind.com.

Via TechCrunch