To Raise Huge Round Of Funding & Bring In Solid Revenues is a visual search engine with a focus on shopping and consumption.  According to VentureBeat founder, Matt Marshall, will be preparing to raise double digit funding within the next two weeks.  The round of funding, provided by Menlo Ventures, will complement Like’s revenue success. allows users to search for consumer products by specific details, colors, and find goods worn by celebrities.  Like is working on a technology that allows users to upload photos and find similar goods.  When consumers click through the goods on the search engine and buys it from retailers, shares the revenue.’s revenue is rumored to be close to $20 million.

To date,’s total funding is roughly $19.5 million, provided by Bay Partners, BlueRun Ventures and Leapfrog Ventures. is a spin-off from was founded by Munjal Shah in 2004.  Riya was rumored to be courted for an acquisition by Google 3 years ago for roughly $40 mill [GigaOM].

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This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at To Raise Huge Round Of Funding & Bring In Solid Revenues Comments

  1. R says:

    One more of Munjal’s canards is it? Like that Google rumor that they themselves spread so that they get bought out. This one may be a similar ploy.

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