With Acquisition of Glimpse.com
Mountain View, Calif. – August 29, 2007 – TheFind, Inc. (www.thefind.com), a leading shopping search engine and premier destination for discovering lifestyle goods, today announced that it has acquired the high-fashion shopping website, Glimpse.com. Through this deal, TheFind gains a leading fashion destination site that identifies and delivers the hottest trends in women’s fashion, while Glimpse.com users gain access to TheFind’s unparalleled roster of online boutiques, specialty fashion retailers and leading brand stores. With the addition of Glimpse.com to TheFind family, users will be able to find and purchase trendy clothing, accessories, shoes, beauty products and jewelry from more retailers than ever before.
Glimpse.com, one of Time Magazine’s 50 Best Websites 2007, launched earlier this year and has quickly become a popular shopping destination for fashion-conscious women everywhere. Shop.org and Forrester Research predict that consumers will spend $22.1 billion on apparel, accessories and footwear in 2007, and that 10 percent of all apparel sales will be conducted online. To accommodate this rapidly growing market, TheFind.com purchased Glimpse.com for an undisclosed sum, deepening its commitment to providing female consumers with the most user-friendly online search engine and shopping tools available for finding the latest fashion, apparel and lifestyle products.
“By acquiring fashion-forward shopping guide Glimpse.com and integrating search technology from TheFind, we are continuing to deliver on our promise of providing shoppers the easiest way to find all of the popular lifestyle and fashion products on the Web,” said Siva Kumar, CEO of TheFind, Inc. “This acquisition further proves our ongoing commitment to providing the most engaging, efficient and fun online shopping search experience for our fashion-savvy consumers.”
The enhanced Glimpse.com website will maintain the chic and stylish philosophy of Glimpse.com, but will now offer TheFind.com’s unmatched Web search ability that includes access to unique and hard-to-find boutiques, brand stores and hip, must-have products. Glimpse.com users will benefit from TheFind.com’s authentic approach in offering shoppers search results which are ranked by natural popularity, instead of offering results influenced by paid placements, as is the case with the majority of alternative shopping search engines. By searching on Glimpse.com, fashion-conscious shoppers will be able to immediately access the equivalent of a visually appealing, personalized online fashion boutique tailored to their product search.
“We are very excited to become a part of TheFind.com family,” said Frank Han, Founder and CEO of Glimpse.com. “We will continue to provide style inspiration to fashion lovers, and can now offer our users a much broader group of stores, boutiques, brands and products to choose from so that they can better express their inner fashionista.”
For fashion-savvy and trend-spotting shoppers, Glimpse.com will continue to be accessible through www.glimpse.com, while TheFind.com users will be able to access Glimpse’s high-fashion search results through www.thefind.com.
About TheFind, Inc.
TheFind, Inc. offers the leading shopping search engine that delivers comprehensive, authentic and visually compelling results for products across the lifestyle goods category. The Find.com family also includes leading fashion shopping website Glimpse.com, which specifically caters to fashion-savvy shoppers searching for the latest trends and hottest apparel products. From the most popular e-commerce sites to the most unique, hard-to-find brands, TheFind.com uniquely crawls the entire Web to find over 190 million products from over 500,000 stores. By using its patent-pending “product ranking” technology, TheFind.com displays the best-selling products, styles, brands and stores for any shopping search right on the first page of results – saving consumers time and money.
TheFind.com, headquartered in Mountain View, Calif., is backed by the leading investors Bain Capital Ventures, Redpoint Ventures and Lightspeed Venture Partners. For more information, visit www.thefind.com.