Shopping search engine TheFind.com has secured $15 million in Series C financing led by Bain Capital Ventures. TheFind.com says it will use the new financing, which includes participation from existing investors Redpoint Ventures and Lightspeed Venture Partners, for product development, to accelerate traffic and revenue growth, expand business development efforts and to expand its search capability beyond the 170 million products and 500,000 stores it claims already.
The Find.com debuted in Q4 last year and hosts 1 million monthly unique visitors.
"Our extensive diligence on this investment and our past industry experience helped us conclude that TheFind.com is leading its category in developing the best consumer shopping experience for lifestyle goods. Meeting consumer expectations in this space is a huge market opportunity," says Scott Friend, a venture partner at Bain Capital Ventures. "TheFind.com brings powerful new technology and a seasoned executive team to the online shopping market, and the company has demonstrated early traction because of its differentiated approach."
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