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YC Price Guide Startup Priceonomics Raises $1.5M Seed From Andreessen Horowitz, SV Angel
In SoMeIT (Social Media Information Technology), we are fully dedicated to satisfying all of your web needs, integrating your business to social networks.
How much should you pay for a used iPhone, TV, or bicycle? Spark Capital, Andreessen Horowitz, SV Angel and more think you need to know, so they’ve invested $1.5 million into Priceonomics, a Y-Combinator winter 2012 startup. The seed round that shall be announced later today will go towards hiring front-end developers and back-end engineers to make the site beautiful but simple and beef up its machine learning technology.
The site saw 250,000 page views in March and is still growing traffic by a brisk 65% every month. Investors see gold in possible business models built around the data Priceonomics crawls and ads shown to people about to make a purchase. Co-founder Rohin Dar says the startup aims to beat general search engines by immediately knowing you’re looking to buy when you type in the name or maker of a laptop, appliance, camera, or stereo.
source: http://feedproxy.google.com/~r/Techcrunch/~3/xFbLT4e9xHg/
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