Home › DMW Daily › October 1, 2009

Content Recommendation Firm Loomia Secures $1.5 Million

Authored by Mark Hefflinger on October 1, 2009 - 8:14am.
San Francisco - Loomia, a developer of content recommendation technology, announced that it has raised $1.5 million in new funding, led by Asset Management Company.

Telefonia Capital S.A.U. and Peacock Equity also participated in the investment round, which will be used to accelerate growth, and to expand sales and marketing efforts in the U.S. and abroad.

Founded in 2004, San Francisco-based Loomia's recommendation software is now used by online publishers including The Wall Street Journal Online, Audible, Time.com, PC World and Harvard Business Review.

The company previously raised $5 million in April 2008 and $1 million in seed funding prior to that.

 

Related Links:
http://blog.loomia.com/?p=115

http://www.loomia.com/

Published in DMW Daily, October 1, 2009
tags: Deals | VC | Newspapers | Publishing | Recommendations | Peacock Equity | Loomia | Asset Management Company | Telefonica Capital |



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