Outbrain Nets Index Ventures
December 29, 2011
Now that is funding. Taume announces, “Outbrain Raises $35 Million USD in Series D Funding; Led by Index Ventures.” With this funding, Outbrain’s total financing is at $64 million. As a result, the company expects to push into additional markets. The press release asserts,
As Outbrain extends its presence in both the online video and mobile web markets, the funding allows the company to accelerate its product line while further investing in business development and global expansion.
Furthermore, Outbrain is adding Index Ventures partner Donimique Vidal to its board. With offices around the world, Index Ventures has been pouring its investment dollars into technology, biotech, and clean tech projects since 1996.
Outbrain’s content discovery platform positions itself as a boon to online media, helping publishers with recommendations to users. The company, founded in 2006, bought content recommendation platform Surphace from AOL in February, 2011.
Our take? Though the company has seen some success, this funding will not make “Out” the hot new prefix. Outdone, outsell, out of luck, outside, and other uses of the prefix are all good.
Cynthia Murrell, December 30, 2011
Sponsored by Pandia.com
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