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Another Startup Just Raised a Massive $30 Million+ Round

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Outbrain, a content recommendation company, has raised a $35 million Series D round of financing. It has raised $64 million in total.

Index Ventures led the round; existing investors Carmel Ventures and Lightspeed Venture Partners also participated. Index Ventures' Dominique Vidal will be joining the Board of Directors; he was formerly CEO of Yahoo! Europe.

Outbrain's mission is to help people find content they want before they know they want it. Search, Outbrain says, does a great job of helping people find things they're already looking for. But if you don't know something exists, then you can't search for it. Hence, Outbrain.

The New York-based company was founded by Yaron Galai and Ori Lahav in 2006. It will use the money to expand its product internationally. "We’ve achieved exceptional milestones this year – from the acquisition of Surphace out of AOL to the launch of our European offices in London, France and Germany to the rollout of Outbrain for Mobile and Outbrain for Video," says Galai. "Having established a leadership position in all these areas, we are now poised to bring great content to audiences across the United States, Europe and the entire world.”

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POSITION:  No positions in stocks mentioned.

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