Pearltrees Raises $6.7M For Its “Collaborative Interest Graph” Pearltrees, a company offering a novel interface for sharing and finding content, has raised 5 million euros ($6.7 million US) in new funding.
The basic unit of the Pearltrees service is the pearl, which is basically a bookmark. Users can assemble these pearls into trees based around a topic. Meanwhile, Pearltrees is using that data to determine how different topics and bookmarks are related, and allows users to find new pearls (related to whatever topic they’re exploring) through its “related interests” button. Following the lead from Google’s PageRank and Facebook’s EdgeRank, Pearltrees has named its technology TreeRank.
In essence, it’s offering its own version of the “interest graph”, a goal that many startups are chasing. Pearltrees launched in December 2009, and the company says it has been growing consistently at 15 percent per month, and that users have now created 15 million pearls which were assembled into 2 million trees. Previous investor Groupe Accueil led the new round. What the heck is an interest graph? Pearltrees raises $6.6M to show us.
Social curation startup Pearltrees has just sealed a deal for €5 million (around $6.6 million), all in the name of creating a better interest graph.
Much is being made in current social media circles of the “interest graph” concept, which is more about what you know than who you know, and which purportedly has strong connections to purchase intent and other matters of concern to online marketers. Put differently, while social networks like Facebook focus on what you have in common with your friends and how you react to friends’ recommendations, interest graph-based models (like the ones behind Pinterest, GetGlue or Foodspotting) make social connections based on shared interests, not the other way around.
Pearltrees Closes Series B to Continue Curating the Web. With 5 Million More Euros in the Bank, Pearltrees Gets Ready to Scale and Start Monetizing. The Paris-based social curation platform Pearltrees just announced that it has raised a Series B round of 5 million Euros (about $6.62 million USD).
The money is coming from Group Accueil, which had also invested in the service’s previous round. In total, Pearltrees has now raised 8.5 million Euros. The company, which launched its first alpha almost 3 years ago, aims to use this money to scale its product and – maybe even more importantly – implement a freemium business model for its service. The company did not publicly discuss what exactly this freemium model will look like. Pearltrees injects organization into your social interest graph. You’ve heard of the social graph, now meet the interest graph.
While Facebook and Google+ have built their social networks around collecting and networking your contacts, there’s a new platform emerging where instead of leveraging friends, it leverages content. Your mind should immediately turn to Pinterest and its collective visual bookmarking clones (if it doesn’t, you haven’t been using the Internet enough). These sites aren’t concerned with helping you find and communicate with your friends — that’s really just a side benefit.
Instead their core focus is to curate and collect things — things you want, things you like, things you bought, things you made or want to make. In this way it’s a much more tangible network: you’re visually bookmarking the Web in an almost to-do list sort of way. The site launched a little over two years ago and in that time it’s benefitted from the growing attention in the interest graph — it had 30 million pageviews last month. Pearltrees Raises $6.7M. Pearltrees raised $6.7 million in funding in a deal led by Groupe Accueil, according to a news report from Tech Crunch.
Here is the story. Pearltrees Raises $6.7M For Its “Collaborative Interest Graph” Pearltrees, a company offering a novel interface for sharing and finding content, has raised 5 million euros ($6.7 million US) in new funding. The basic unit of the Pearltrees service is the pearl, which is basically a bookmark. [Entretien exclu] Pearltrees lève 5 millions d’euros. C’est une nouvelle levée de fonds pour la start-up lancée en 2009.
Spécialisée dans la curation de contenus, Pearltrees avait réalisé 3 levées pour un montant total de 3.5 M€. Le groupe Accueil, société familiale diversifiée et présent dès le début, a principalement contribué à ce nouveau tour qui va servir à industrialiser et monétiser le service : développement mutliplateforme (web, iPad, et bientôt iPhone), ouverture de l’API et passage au Html 5. Mais surtout, Pearltrees – suite à une demande croissance de son audience – va proposer un modèle « freemium », pour des Pearltrees privées. Le service de social curation français, qui permet d’organiser, de découvrir et de partager la connaissance sur tous types de sujets, revendique 1M de VU/mois, 30M de pages vues et 350 000 contributeurs à ce jour.
Ses utilisateurs sont pour 30% d’américains, 25% français et 45% répartis sur les cinq continents. Pearltrees lève 5 millions d'euros et prépare un modèle freemium. Le français Pearltrees lève 5 millions d'euros.