Feb 25 |
LgiLab's Outbrain raises A round |
Today we are happy to announce that one of our LgiLab portfolio company Oubrain is raising an A round with LightSpeed Venture and Gemini.
Outbrain provides smart blog rating and their business model will be built on their capacity to deliver powerful recommendations. Smart blog ratings provide really useful informations both for the readers and the blog/content editor.
This is the first Lab company to "graduate" to the A round stage after have been funded in seed stage. The purpose of the internet lab is precisely to fund companies until they reach a critical milestone and require more funding provided by Gemini and LightSpeed.
The news has also been covered onTechCrunch
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