Collecta Nets a $5 Million Series B
June 11, 2010
Collecta.com has been one of the go-to services for me. We tested the service in the demonstration site at http://ssnblog.com and found it useful and reliable. We learned today (June 10, 2010) that Dace Ventures has provided about $5 million in Series B funding to the the company. With the cash injection, we anticipate that the company will step up its marketing and add additional features. Mashable quoted the company’s CEO Gerry Campbell as saying:
This funding is a great validation of both Collecta’s technology, as well as the company’s core vision that real-time data applications are fundamentally changing how we access information on the Internet.
RedWriteWeb reported that the company had an initial capital base of about $2 million.
If you have not explored the service, navigate to www.collecta.com. Similar services, which I tracked in my 2009 series of Information World Review columns, include www.itpints.com, www.topsy.com, and www.scoopler.com. In my SLA lecture, I will point out that the real time services from Google, Microsoft, and Yahoo lag the service provided by specialists like Collecta.com.
Stephen E Arnold, June 11, 2010
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