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. 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 has leveraged social curation to create an open and collaborative interest graph of the Web,” said Pearltrees CEO Patrice Lamothe in a release.
“As a consequence, Pearltrees harnesses the power of people to organize and discover the most valuable content on the web”, he said. 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. Pearltrees injects organization into your social interest graph. 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. Users can assemble these pearls into trees based around a topic. [Entretien exclu] Pearltrees lève 5 millions d’euros. Pearltrees lève 5 millions d'euros et prépare un modèle freemium. Le français Pearltrees lève 5 millions d'euros.