HomeFrance-StartupsParis-based social connection startup Pearltrees secures €5 million

Paris-based social connection startup Pearltrees secures €5 million

The Paris-based social curation startup Pearltrees has just raised €5 million in yet another financing round, to grow its online platform further.

Pearltrees, which was founded in 2009, describes itself as “a place to collect, organize and share everything you like on the web”. The young company aims to create an “interest graph” which enables users to make social connections based on shared interests. Pearltrees allows you to create networks of ‘pearls’ on screen; each pearl is a link to a piece of content which then can be connected to other pearls.

This recent round of financing is Pearltrees’ fourth round. Since its foundation, the startup has raised €3.8 million, plus this new round of €5 million. According to the young company, Pearltrees has grown at a rate of 15% each month since its launch. Right now, Pearltrees has about 1 million unique visitors who generate about 30 million page views per month.

In October 2011, the French startup released the Pearltrees iPad app, which takes a visual approach to web curation, similar to the browser version.

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Thomas Ohr
Thomas Ohr
Thomas Ohr is the "Editor in Chief" of EU-Startups.com and started the blog in October 2010. He is excited about Europe's future, passionate about new business ideas and lives in Barcelona (Spain).
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