Sixteen-employee startup Scoop.it Inc. raised $2.6 million in venture funding.
The San Francisco company has an office in Toulouse, France. It makes software to help people search the Internet for content they are interested in and share it with others. The idea is not only to help users beef up their social web presence, but also to make the Internet "a smarter, more organized place for everyone.
Guillaume Decugis, who helped start Scoop.it, is its CEO. His previous business, Musiwave, was sold to Microsoft Corp. (NASDAQ: MSFT).
The company hired Andrew Federici as vice president of monetization. His job will be to bring in more paying customers.
By Steven E.F. Brown, Web Editor-San Francisco Business Times
Via Arabella Santiago