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May 4, 2012 11:23 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/xFbLT4e9xHg/
YC Price Guide Startup Priceonomics Raises $1.5M Seed From Andreessen Horowitz, SV Angel
How much should you pay for a used iPhone, TV, or bicycle? Spark Capital, Andreessen Horowitz, SV Angel and more think you need to know, so they've invested $1.5 million into Priceonomics, a Y Combinator winter 2012 startup. The seed round that shall be announced later today will go towards hiring front-end developers and back-end engineers to make the site beautiful but simple and beef up its machine learning technology.The site saw 250,000 page views in March and is still growing traffic by a brisk 65% every month. Investors see gold in possible business models built around the data Priceonomics crawls and ads shown to people about to make a purchase. Co-founder Rohin Dar says the startup aims to beat general search engines by immediately knowing you're looking to buy when you type in the name or maker of a laptop, appliance, camera, or stereo.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/xFbLT4e9xHg/
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