LGiLab, Glenrock and others invest in Outbrain
Submitted by ron on May 6, 2007 - 16:08.
LGiLab, Glenrock fund and others invest in outbrain, a company formed by Yaron Galai and Uri Lahav. Outbrain will give users a platform to rate new blog posts (using the RSS reader). Outbrain will allow users to view posts with high ranking.
Ouriel Ohayon, the lab's General Manager, tells us the sum quoted in TheMarker is incorrect. The lab invests up to 1 million USD, this investment was funded jointly with other investors. More information in Ouriel's blog.
The company has 10 employees (In Herzelia, Israel, and New York) and has already raised money from Glenrock.