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AlikeList Nets $5 Million Venture Capital Funding

Thursday, December 17, 2009 5:38:00 AM PDT | VentureDeal Staff

Sunnyvale, California  --  Internet company AlikeList has secured $5 million in a new round of institutional venture capital investment.

AlikeList has developed a website that allows users to rate businesses in their local area in order to find and keep track of the most trusted merchants.

Syncom Ventures made the investment.  The company said it would use the funding for product development and to expand its user base and executive team.

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