In a world that suffers from content overload, personal recommendations are a bare necessity. Israeli startup Outbrain, one of the leading companies in the recommendations space, has completed a $35 million in Series D led by Index Ventures and joined by previous investors Carmel Ventures and Lightspeed Venture Partners. This brings Outbrain’s funding to $64 million total since its inception in 2007.
Outbrain Buys Surphace From AOL
Outbrain bought the content recommendation system Surphace from AOL for an undisclosed sum. Surphace is a reincarnation of Sphere, a startup founded by Martin Remy and Steve Nieker in 2006 as a related content plugin and was later acquired by AOL in April 2008 for a rumored sum of $25 million
