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01/20/2008
Web community toolbars provider Conduit raised $8 million from Benchmark Capital
Web community toolbars provider Conduit has raised $8 million from Benchmark Capital. The company will use the funds to upgrade its offering to deliver a complete family of online syndication solutions.
“Conduit's performance has been remarkable. In less than two years, the company's innovative, on-demand delivery model has enabled tens of thousands of web publishers to build and distribute community toolbars to millions of active subscribers worldwide,” said Michael Eisenberg, general partner of Benchmark Capital and Conduit board member.
Conduit's on-demand community toolbar service allows any web publisher to create, promote and maintain a unique, personalized community toolbar reflecting their website without the cost and complexity of custom software. More than 140,000 publishers have joined the Conduit network worldwide, including major brands such as Fox News, Lufthansa, Major League Baseball, Greenpeace, and TechCrunch.
Conduit was founded by Ronen Shilo, the company CEO, Dror Erez, the VP R&D and CTO of Conduit, and Gaby Bilczyk, Conduit VP Product Development. The comapny is privately-held with headquarters in Israel and Redwood Shores, CA.
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12:20 Posted in Content Delivery | Permalink | Comments (0) | Email this | Tags: Ronen Shilo, Dror Erez, Gaby Bilczyk, Michael Eisenberg, Benchmark Capital, Conduit