Home › DMW Daily › June 3, 2009

Product Recommendations Service MyBuys Raises $7 Million

Authored by Mark Hefflinger on June 3, 2009 - 8:08am.
Redwood City, Calif. - MyBuys, a provider of personalized product recommendations for online retailers, said that it has raised $7 million in its second round of funding, from Lightspeed Venture Partners and Palomar Ventures.

The Redwood City, Calif.-based company said that it will use the proceeds to invest in products, client services and market expansion.

MyBuys said that it has added 30 new retail clients this year -- including DELiA's and Peruvian Connection -- increasing its client list to more than 100.

The company's technology is designed to build profiles based on the behavior of individual shoppers, then deliver recommendations to them on the Web and through email.

 

Related Links:
http://www.marketwire.com/press-release/Mybuys-998070.html

http://www.mybuys.com  

Published in DMW Daily, June 3, 2009
tags: Deals | VC | Retail | Recommendations | Lightspeed Venture Partners | Palomar Ventures | MyBuys |



Comments

Post new comment

The content of this field is kept private and will not be shown publicly.