TheFind.Com Launches Next-Generation Shopping Search Engine That Helps Consumers Find Any Product Sold Online
Posted on: Tuesday, 31 October 2006, 09:00 CST
MOUNTAIN VIEW, Calif., Oct. 31 /PRNewswire/ -- TheFind, Inc., formerly FatLens, Inc., today announced the public beta version of TheFind.com, a revolutionary shopping search engine that aims to search every store on the Web and return top-ranking products, brands and stores on the first page of results. TheFind.com is optimized for shopping and was built with consumers' best interests in mind. Unlike the first generation of comparison shopping sites, TheFind.com does not rely on merchants to proactively supply product listings, nor does it allow advertising dollars to influence the order of the results. TheFind.com's proprietary algorithm ranks its comprehensive results based on what is most relevant to the consumer's search, which is informed by real market demand and supply data. Today, TheFind.com searches over 500,000 stores on the Web and indexes over 150 million products -- more than any other shopping search engine.
"Online shopping continues to grow rapidly, but until today no one had created a comprehensive product search engine with an unbiased, consumer- oriented product ranking for results," said Siva Kumar, CEO and co-founder of TheFind, Inc. "Most shoppers don't know that product comparison sites are mainly a list of advertisements -- meaning consumers are only seeing a very small portion of all the products available for sale online. We saw the need for a shopping search engine that works on behalf of the consumer to deliver the most popular and relevant product results from the entire universe of online retailers. Moreover, our unique design showcases what consumers want to see first -- the products themselves -- not a set of text links or small thumbnail images. We are excited to introduce this powerful technology and consumer-friendly interface that make online shopping fun, efficient and easy."
Consumer-Friendly Features
TheFind.com's search results are presented as beautifully merchandised images, not pages of text links. Search results can be easily sorted by price, brands or stores, and with the click of a button users can filter results to show only products that are on sale or new. TheFind.com also offers important tools that allow shoppers to make online shopping a social experience. Shoppers can save their favorite products in their "MyFinds" list, which is easily accessed throughout the site. Also, products can be emailed to friends and family via the "MyFinds" list or directly from the search results themselves.
"75 percent of shoppers currently begin their product searches online, according to Jupiter Research, yet no search engine is optimized for shopping. Because of its ease-of-use and consumer-centric focus, TheFind.com provides a better experience for online shoppers," said Tim Haley of Redpoint Ventures, an investor in TheFind.com. "We are excited by the solution that this talented group of engineers has created, and we are looking forward to expanding the feature set to make TheFind.com the first place users go to begin their online shopping."
TheFind Executive Team
TheFind.com executive team is comprised of experts in search, e-commerce and media. The company is led by seasoned entrepreneur Siva Kumar and former executives from Buy.com, The New York Times and Verity Corporation. TheFind.com, formerly known as FatLens, first showcased it's patent-pending technology in the event tickets category as an initial proof-of-concept. Today, TheFind.com encompasses categories ranging from clothing and apparel to home and garden products, health and beauty, and pet accessories.
About TheFind.com
TheFind.com is a shopping search engine that aims to find every product for sale from every store online and to return the most relevant matches on the first page of results. TheFind.com utilizes patent-pending technology and an intuitive user-interface designed to instantly deliver the best consumer shopping search experience on the Web. By crawling and indexing products from every store on the Internet and applying its exclusive Product Ranking Engine, TheFind.com's comprehensive shopping search results are relevant, unbiased and ranked algorithmically to reflect the current market dynamics. TheFind.com, headquartered in Mountain View, Calif., is backed by the leading venture capital firms Redpoint Ventures and Lightspeed Venture Partners. For more information, visit http://www.thefind.com/ .
TheFind, Inc.
CONTACT: Hillary Houser of Sparkpr, +1-415-321-1877, orhillary@sparkpr.com, for TheFind.com
Web site: http://www.thefind.com/
Source: PRNewswire
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