Jerusalem-based Curiyo has raised a $1.9 million seed round from investors including OurCrowd, Cedar Fund, Morton Meyerson of 2M, Kima Ventures, Tom Glocer, Gigi Levy, JumpSpeed Ventures, and other private investors. Curiyo is a content discovery and curation tool which helps publishers increase user retention and add a layer of content in context without users leaving the page.
Curiyo was founded by Bob Rosenschein and is his first venture following the sale of Answers.com to AFCV Holdings for $127 Million in 2011.
USA TODAY president and publisher Larry Kramer said, "Web publishers are looking for new ways to curate content to retain consumers' attention. Curiyo creates a new information discovery paradigm and does it beautifully as well. We are excited to launch Curiyo and are already seeing positive results on USA TODAY."
Rosenschein said, "We have created a new platform for curation and discovery. Our goal is to deliver the most compelling content in one place, in a simpler user experience, and with the least amount of hassle."
The company also announced the appointment of Tom Glocer to its advisory board. He is the former CEO of Thomson-Reuters and currently serves on the boards of directors of Morgan-Stanley and Merck.
Published by Globes [online], Israel business news - www.globes-online.com - on June 29, 2014
© Copyright of Globes Publisher Itonut (1983) Ltd. 2014