via TechCrunch: Like.com raised $32m in its Series C round of financing. Congrats to Munjal and his team. That’s a lot of money to weather this harsh economic winter.
This is especially good news in light of eBay’s recent comments about Shopping.com during the Q3 2008 earnings call: “Our online comparison site, Shopping.com, was significantly impacted by changes made by search engines that disrupted shopping’s traffic this quarter. This business decelerated sharply in Q3, impacting marketplace’s revenue growth by about a point. We expect that Shopping.com will continue to negatively impact our growth rate for the next three quarters.”
While Like.com originally focussed on accessories like shoes and handbags, the company has dramatically increased category coverage and is now pushing all clothing (including Halloween Costumes) Rugs, and Posters. The company seems to have even taken a step into non-visual search, with its Health and Beauty category.
Like has a number of direct merchant partners, but the company also relies on back-fill from the usual suspects: PriceGrabber, Shopping.com (Dealtime), Shopzilla (BizRate).
