TheFind Acquires iStorez.com
MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–TheFind, the leading vertical search engine for shopping which attracted over 13 million unique visitors and sent shoppers to over 100,000 different online stores last month, today announced that it has acquired the deal-driven shopping Web site, iStorez.com. Through this deal, TheFind gains a shopping destination and technology that aggregates e-mail newsletters and finds the latest coupons, sales and deals directly from over 600 leading retailers across a variety of categories. TheFind’s users already enjoy access to an unparalleled roster of over 350 million products from over 500,000 stores. With the addition of iStorez.com, users of TheFind will now have access to the latest email newsletters and promotions from the Web’s most prominent retailers – all in one place.
iStorez.com, winner of Linkshare’s 2009 Technology Genius Award, launched in November 2008 and quickly generated buzz amongst the deal-conscious shopping community. iStorez.com compiles up-to-the-minute e-mail newsletters that give shoppers access to the freshest coupons, deals, sales and promotions from retailers across a variety of categories including apparel, electronics, home and garden, health and beauty, sports and outdoors, food and wine and more. To accommodate the rapidly growing number of shoppers who are hunting for the best deals amongst a tough economic climate, TheFind purchased iStorez.com and the associated software technology for an undisclosed sum, deepening its commitment to providing a one-stop shopping destination.
“In this current economic environment, coupons are king. People who come to TheFind expect to find what they are looking for and be incentivized to purchase at sale prices or through discount coupons.” said Siva Kumar, co-founder and CEO of TheFind. “Our acquisition of iStorez.com is further proof of our commitment to give our users all the tools they need to purchase the products they love, at the right price.”
“We are very excited that iStorez.com will now become a part of TheFind family,” said Anand Jagannathan, Founder and CEO of iStorez Inc. “TheFind’s fast-growing reach will allow our award-winning technology to deliver unique value and a complete shopping experience to a greater number of shoppers than ever before.”
iStorez.com will continue to be accessible for a period of time while the technology is integrated directly into TheFind’s website.
About TheFind
TheFind is the leading vertical search engine for shopping that makes every product from every store, including sales, coupons and discounts, instantaneously accessible to consumers. TheFind crawls the entire Web and with its patented search technology helps shoppers discover everything that online shopping, local shopping, and now, green shopping have to offer, so that they can quickly find the lowest price, the best deal, or that hard-to-find item. Over 350 million products from more than 500,000 stores and online sellers are currently universally accessible through TheFind.com, TheFind Mobile, and TheFind iPhone App, making TheFind the leading source for comprehensive product information in the US. TheFind Inc. is headquartered in Mountain View, Calif., and backed by leading investors Bain Capital Ventures, Redpoint Ventures and Lightspeed Venture Partners.
About iStorez
iStorez provides a unique shopping experience online—mirroring the physical world with the visual Internet equivalent of shopping by store and theme. For the first time, you can shop all the latest specials and promotions from more than 600 retailers at once. Everything you want, when and how you want it, all in one place. iStorez is also the only destination that lets you create (in minutes) your own personal mall—a place that reflects your favorite stores and styles. iStorez takes theme-based shopping to the next level, enabling you to shop by look, ensemble, seasonal trends, special event, holiday or topic.
