Tuesday, June 30, 2009

Cool site: Strands.com

Strands develops recommendation and personalization technologies to help people discover new things. Strands' patent-pending Social Recommender is capable of automatically learning people's tastes and how their preferences evolve over time. It can be used to generate real-time recommendations in a vast number of domains.

Strands is structured in three main Business Units:

  • Strands Business Solutions commercializes Strands Social Recommender as an easy-to-use Strands hosted service. A growing number of retailers are using Strands plug-and-play interfaces to help their end-users discover the long-tail content on their sites. Every week millions of users receive personalized recommendations generated by Strands.

  • Strands Personal Finance develops moneyStrands, an end-user oriented personal finance management tool that uses Strands Social Recommender to help people find new ways to save money. Strands Personal Finance also licenses Strands' patent-pending technology to banks in countries where moneyStrands does not operate. Hundreds of thousands of users are now managing their personal finances using Strands' proprietary technology.

  • Strands Social Discovery operates Strands, an end-user oriented lifestreaming tool to help people discover new things based on their real-life and on-line activities.

Most of Strands' services are created on top of a common set of APIs that Strands make accessible to developers through openStrands.

Strands Fact Sheet

  • Founder and CEO: Francisco J Martin
  • Founded: October 2003
  • Investors: Sequel; Debaeque; Antonio Ansensio; BBVA.
  • Funding raised to date: $55M
  • Funding raised in 2007: $49M
  • Sales 2007: $12M
  • Employees: 100+
  • Key Technology: social recommendation and personalization
  • Patent Applications: 24
  • Locations: United States, Finland, and Spain
  • Headquarters: Corvallis, OR
  • Blog: http://blog.strands.com


Anonymous said...

Interesting concept

Henri said...

that's a whole lot of patent applications for a company its size. there must be some unique IP

Jesse said...

indeed. cool stuff

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