Local Shopping Search Engine Milo.com Lands $4 Million

Authored by Mark Hefflinger on November 24, 2009 - 8:40am.

Palo Alto, Calif. - Milo.com, a search engine that allows shoppers to research products and locate nearby retailers, announced on Tuesday that it has raised $4 million in its first round of financing, led by True Ventures.

Other angel investors included Ron Conway; YouTube co-founder Jawed Karim; Mint.com founder Aaron Patzer; comScore CEO Magid Abraham; Felicis Ventures' Aydin Senkut; and SoftTech VC's Jeff Clavier.

Palo Alto, Calif.-based Milo.com features real-time availability and prices for more than 1.5 million products at over 42,000 U.S. retail stores -- including Best Buy and Wal-Mart.

The company will use the funds to accelerate consumer growth and partnership development, as well as to expand its database of products.

Related Links:
http://snipurl.com/teksr

http://www.milo.com