Outbrain raises $11 million

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New York—Content recommendation company Outbrain has raised $11 million from its existing investors. The company, which helps publishers customize content to individual readers by allowing them to rate articles they like, has now gained $29 million since it's founding in 2007.

Investors include venture capital firms Carmel Ventures, GlenRock Group and Lightspeed Venture Partners, as well as private investment company Rhodium Israel.

Earlier this month, Outbrain purchased content recommendation engine Surphace Technology from AOL for an undisclosed amount.

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