We’ve been heads-down, busy working, and I am very pleased with the team’s accomplishments so far in 2013. Wanderful Media recently announced raising an additional $9 million from our existing investors, bringing our total funding to $36 million. This additional capital emphasizes the continued enthusiasm from our core group of investors in the market potential and in our overall product strategy.
Over the last few months, we’ve been building some exciting new features and enhancements into our Find&Save experience. Some of these include: our Trending Community Picks widget, Community Picks Page, My Lists Page and major refinements to search and navigation. I want to thank the entire team for their hard work, but specifically Dave Thomsen and Grace Chan for driving our product/design, Seema Sud for her focus on building our mobile products, and Steve Trefethen for overseeing the development and deployment of our web and mobile presence.
Wanderful Media’s decision to ‘double-down’ on mobile and social has pushed us to the forefront of innovation in this area. Today’s consumers want more from their shopping experience and our team is focused on delivering the information they crave in a quick and easy format. Our newly reimagined Find&Save allows retailers to engage shoppers around sales and products, with the intent of driving them across the threshold of retail stores.
Here are some highlights from the coverage we received:
Wanderful Media, which is helping newspapers make next-generation circulars, announced Tuesday morning that it’s raised $9 million in a new round of financing from its existing newspaper publisher backers. – VatorNews
“The relaunch has gotten a positive response so far. That’s one of the reasons for the new funding – to increase the distribution around a product that seems to be working,” Doug Kilponen, COO for Wanderful Media – TechCrunch
Wanderful’s objective is to reinvent the newspaper circular as a digital shopping discovery experience in an effort to drive online (and mobile) consumers into stores. – Greg Sterling’s Screenwerk
Read more here: Newspaper Companies Invest Another $9M In Local Deal Startup Wanderful Media
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