Deal Announcements

MyStrands Secures $25 Million Second Round Funding

Tuesday, June 19, 2007 5:00:00 AM PDT | VentureDeal Staff

CORVALLIS, OR -- Social recommendation company announced that it has raised $25 million in series B funding.

The company develops what it calls social recommendation technologies.  The software helps media companies better understand users' preferences and in turn help them in their discvoery process.

Leading the round was Antonio Asensio, CEO of Spanish media firm Grupo Zeta.  Existing investors Debaeque and Sequel contributed to the round.  The company has raised a total of $31 million to date.

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