Biz360 gets $10M new funding

Silicon Valley / San Jose Business Journal, May 8, 2008

Biz360 Inc., which focuses on media and market intelligence, said Thursday it closed a $10 million round of financing.

San Mateo-based Biz360 said the round was led by Menlo Park-based Foundation Capital.

Also participating were San Francisco-based Granite Ventures and Foster City-based Scale Venture Partners.

Biz360 plans to use the funds for product development.

"This round of funding will enable our company to capitalize on the unprecedented millions of customer product opinions that exist on the Web," said Brad Brodigan, CEO of Biz360. "We are excited about providing decision makers in marketing, research and product development with new and innovative means to harness these opinions in an extremely powerful way."