Khosla Ventures Invested $12Million in Hunch

March 15, 2010 – 10:28 pm | by saleem

Khosla Ventures have Invested $ 12 Million in  Hunch which is known as “Recommendation Engine” followed by partner  Gideon Yu, who became the part of Khosla Ventures last year which  was formerly Facebook’s  CFO. Now he is joining  Hunch as a board of directors, which is a part of the deal. Presently Hunch’s Value is around $52 Million.

Caterina Fake the co-founder of Hunch told about the Hunch. Fake says that Hunch, which is a new company and is not more than a year old, now has huge data to work with in making recommendations. she says, users have replied almost 50 million questions on Hunch since its launch, and the company is using the data to make better and better recommendations.

You can find more details at TechCrunch

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