Tuesday, April 8, 2008

Richrelevance Raises $4.2M

richrelevance, a San Francisco-based firm developing personalized recommendations software for online stores, said Tuesday that it has raised $4.2M in a Series B venture cpaital round. The round came from Greylock Partners and Tugboat Ventures. The firm has previously raised funding from Draper Fisher Jurvetson, Draper Richards, and angel investors. richrelevance is developing software for recommending products to shoppers at ecommerce web sites. David Whorton of Tugboat Ventures and David Strohm of Greylock Partners have joined the company's board as part of the funding. More information »