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 did not publicly discuss what exactly this freemium model will look like. Pearltrees is probably best known for its highly visual interface to its collaborative curation service. Pearltrees, according to its own data, had about 1 million unique visitors in January, which accounted for about 30 million pageviews.

Pearltrees Raises $6.7M, Boasts Of “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. Following the lead from Google’s PageRank and Facebook’s EdgeRank, Pearltrees has named its technology TreeRank. 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.