Hunch gets $10 million from Khosla Ventures, others | Digital Media - hot News

AllThingsD

Hunch, a buzzy start-up that answers questions using crowdsourced recommendations, has resolved one query of its own: who's going to fund our B round?

Sources tell me that Khosla Ventures is leading a new round that will add another $10 million to $12 million to the start-up's bank account. General Catalyst Partners, Bessemer Venture Partners, and Ron Conway, who put $2 million into the company a year ago, are reinvesting.

I'm told that Gideon Yu, the former chief financial officer of both Facebook and YouTube, is steering the investment for Khosla.

Hunch was co-founded by Caterina Fake, who founded Flickr and sold it to Yahoo in 2005, and Chris Dixon, who built SiteAdvisor and sold it to McAfee in 2006.

Hunch is still a modest-sized site--its internal numbers put it at 1.2 million unique visitors--but Fake and Dixon are well-regarded entrepreneurs. And while they don't like to be compared with Aardvark, which has a vaguely similar concept, the linkage does have some upside: last month, Google bought that site for $50 million.

I asked Fake, Dixon, and Yu for comment. Until I hear from them, you can read up on Hunch in Kara Swisher's story from last month. Or you can watch this interview.

Story Copyright (c) 2010 AllThingsD. All rights reserved.

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by windows7key August 2, 2010 6:39 PM PDT
To our website to see if there will be what you want
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