Thursday, February 17, 2005

Shopping search firm IM2 gets $8 mln in funding

IM2 Inc., the developer of a new shopping search engine for ticket searches called FatLens, said on Thursday it had received $8M in first-round funding from Redpoint Ventures, Lightspeed Venture Partners and Cambrian Ventures.

A test version of the site, available at www.fatlens.com"

Site works well. It's likely that one of the larger search guys will target this space eventually and build it themselves. Or they'll just buy the company.

Typing in "WWE Wrestling" produces 8,000 from about 5.5M tickets in the database.

[Reuters]

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