Kaboodle Raises $3.55 Million From Online Search Providers

Apr 18, 2006


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Kaboodle, a free online service that collects, organizes, and shares information on the Web, has announced that it has raised $3.55 million in Series A funding from providers in search algorithms, online commerce, and Web technologies.

The lead investors include Kanwal Rekhi, currently a managing director of Inventus Capital Partners who has led investments in more than 20 companies including Exodus Communications and NexTag; Ashish Gupta, the founder of Junglee, a comparison shopping engine acquired by Amazon.com; early Google advisor Dr. Rajeev Motwani, a Stanford University professor who co-authored the research paper behind Google's PageRank algorithm; Ron Conway, an early investor in both Google and Ask Jeeves; and investors Shea Ventures, Garage Technology Ventures, and Alpha Group. Kaboodle enables users to compare and recommend products and services and helps with not just discovery but also making the right choices.

(www.kaboodle.com)