London – Zemanta, the developer of a related posts plugin
for bloggers, announced on Thursday that it has raised $3 million in new
financing from Union Square Ventures and Eden Ventures.
London-based Zemanta
was the winner of the Seedcamp start-up contest in 2007.
Its product is
available on Blogger and WordPress, and is serving one million recommendations
monthly, the company told TechCrunch.
The company, which has now raised a total of $6
million to date, will use the new funds to finance sales expansion and further
product innovation.
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