Real-time search outfit Collecta has just announced a $4.7 million Series B round of funding from Dace Ventures.
Funding will be used to help grow the company’s team, strike more content partnership deals, and increase the level of engagement and time spent on its sites. The company’s products include user-friendly widgets, custom Site Search and several APIs.
Collecta will also be moving its headquarters to LA, advantageous for creating and strengthening relationships with big, traditional media companies. To date, one of the company’s greatest strengths has been its ability to broker deals with and create value for companies such as CNN and FOX. We look forward to seeing what kinds of partnerships are forged once the staff has settled into its new home.
