Hunch Gets It Right, Adds a $10 Million Series B Round Led by Khosla Ventures
Sources tell me that Khosla Ventures is leading a new round that will add another $10 million to $12 million to the start-up’s bank account. General Catalyst Partners, Bessemer Venture Partners, and Ron Conway, who put $2 million into the company a year ago, are reinvesting.
I’m told that Gideon Yu, the former CFO of both Facebook and YouTube, is steering the investment for Khosla.
Hunch is still a modest-sized site–its internal numbers put it at 1.2 million unique visitors–but Fake and Dixon are well-regarded entrepreneurs. And while they don’t like to be compared with Aardvark, which has a vaguely similar concept, the linkage does have some upside: Last month, Google (GOOG) bought that site for $50 million.
I asked Fake, Dixon and Yu for comment. Until I hear from them, you can read up on Hunch in Kara Swisher’s story from last month. Or you can watch this interview.