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Collecta Raises $4.7 Million Funding Round from True Ventures & Dace Ventures

Congrats to Gerry, Jack, Patrick, and the rest of the Collecta Team on closing their new round of funding!  Check out the story on ReadWriteWeb, Mashable, and Venturebeat. The round was led by our friends at Dace Ventures, so we also want to welcome them to the deal.

Since we funded the Series A for Collecta in 2009, the team has created tremendous value providing real-time news on the web.  Today, you can find Collecta streaming real-time news updates across the web at sites such as Afraid Of Sharks, BlueIon, TheTofu, Egronomixpr, and Future of Money.

Congrats again, Team Collecta!

Collecta

Collecta launched its real-time search last week and has been ranked by CNet as one of the top three real-time search services. As Rafe Needleman writes, “To follow what’s happening in the real world, you need real-time search.”

Collecta Launches Real-Time Search

Collecta is more than a search engine. It is a purveyor of real-time information. Collecta provides news as it occurs, when it is most relevant. By monitoring news streams, popular blogs, social media, Flickr, and other sources of current information, Collecta is changing the way the people access information on the web.