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January 29, 2008

ThisNext Takes $5 Million Series B

Duncan Riley

18 comments »

Social shopping service ThisNext has taken $5 million Series B in a round that included previous investors Anthem Venture Partners and Clearstone Venture Partners.

ThisNext launched in 2006 with a product that offers shopping combined with comments, tagging, social recommendations, comment ratings and a wishlist. Users can also create a website widget to show products they like to others via any website.

The company has close links to Jason Calacanis, with Calacanis sitting on the board, and CEO Gordon Gould was previously with Blogsmith (the platform behind Weblogs Inc) and Silicon Alley Reporter.

See Michael’s 2006 review of ThisNext here.

(via PEHub)

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This entry was posted on Tuesday, January 29th, 2008 at 9:08 pm and is filed under Company & Product Profiles. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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  1. nicolas leroy

    January 30th, 2008 at 2:45 am

  2. StartupNewz.com

    January 31st, 2008 at 11:18 am

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  1. Brig Graff

    January 29th, 2008 at 9:50 pm

    I think they are doing interesting things — I’ll be curious to see what they use the money to do, expansion-wise.

  2. dishonestrealtor.com

    January 29th, 2008 at 10:10 pm

    this is good. i think they should do fine….

    john
    dishonestrealtor.com

  3. yongfook

    January 29th, 2008 at 10:30 pm

    their business model is largely affiliate fee-based, right? would be interesting to hear how that’s working out for them.

  4. Harold

    January 29th, 2008 at 11:53 pm

    Looking at Alexa, Compete, etc. it’s interesting that they didn’t do better during X-mas. Considering they have some decent Google-fu, you would expect their traffic to rise during the main buying season of the year. Maybe they need another year to get to the point where people actually use the site rather then just find it during search.

  5. NO CHANCE

    January 30th, 2008 at 12:30 am

    boring

  6. Grant

    January 30th, 2008 at 12:30 am

    It’s pretty good, but what is new, or what is better, comparing to:
    Kaboodle.com
    Stylefeeder.com?

  7. Ludovic

    January 30th, 2008 at 5:50 am

    Hello, we have a “social shopping” site in France such as ThisNext. It is called shopreflex.fr.
    We are going to launch an english version soon, so stay tuned!

  8. Steven

    January 30th, 2008 at 6:57 am

    This space is going to only get hotter. There are other companies which are going to agressively move in such as a new venture we were told of called Gonga (www.gonga.com) which looks pretty interesting as well.

  9. David

    January 30th, 2008 at 9:33 am

    maybe these guys can suggest another iPOD to me !!! Or maybe a Yankees hat : )

  10. Joe

    January 30th, 2008 at 9:46 am

    Holy BUBBLE Batman.

  11. Philip Wilkinson

    January 30th, 2008 at 2:11 pm

    Congrats to Gordon and the guys - showing that 2008 is definitely going to be a good year for Social shopping. Curious what they actually did with the last couple of million dollars they raised!!

  12. 1985 Screen Name

    January 30th, 2008 at 3:12 pm

    Screen Name? Are you kidding me? They use Screen Name to identify users? Is this an AOL site from 1985?

  13. deefree

    January 31st, 2008 at 7:29 am

    studz! all the haters are would be playas who couldn’t raise 10% of what you brought in. bring it on west coast style!

  14. tobor

    January 31st, 2008 at 11:09 am

    Uh huh… because Gordon’s pervious ventures have worked out so well?

    lolz

  15. AllisonU

    January 31st, 2008 at 11:21 am

    Here’s to failing upwards!

    Welcome to America: the land where failure always buys another chance.

    Grats to ThisNext

    But to Anthem VC: Time to go and get that CFA degree, boys. Are there pretty colors, pie charts and fonts on your spreadsheets?

    (Come on, you know it’s true)

  16. BuzzillionsJim

    February 4th, 2008 at 3:09 pm

    Congrats to ThisNext! The more the merrier in this space. Don’t fear the haters. Shoppers want to learn from each other more often than not these days :)

    -Jim, GM, http://www.buzzillions.com

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