Online local information business is just getting hotter. Bangalore-based online local information company Four Interactive has raised $10 million in series B funding. The round is led by Lightspeed Venture Partners and joined by Silicon Valley Bank and return backer Matrix Partners India. Matrix had invested $2 million in Series A round in the company about seven months ago.
Four Interactive runs AskLaila.com, an online service that provides information on food, events, lifestyle, shopping and so on. The company is building the content from scratch and making it available for search from its own database (instead of the world wide web). The content is supplemented by reviews too.
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Exclusive: Four Interactive Gets $10 Million In Series B From Lightspeed, SVB and Matrix Partners
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