MashLogic pulls in $2.5M for page view-lengthening browser add-on
MashLogic, maker of a contextual browser add-on that pulls in text and images related to the web site you’re visiting and displays them in pop-up windows, has raised $2.5 million in a first round of funding — touting itself to publishers as a way to keep visitors on their pages for longer, upping ad revenue.

None of the Menlo Park, Calif. company’s investors were listed on the regulatory filing, but it took in $500,000 from Bessemer Venture Partners, LinkedIn founder Reid Hoffman, Wikia CEO Gil Penchina, SoftTech VC founder Jeff Clavier and About.com founder Scott Kurnit in June. A partner from New Enterprise Associates, Krishna Kolluri is also now listed as a board member — possibly indicating that NEA jumped in for this most recent round.
MashLogic basically extends any web site by providing relevant information from other sites in a pop up bubble that appears when you hover over specific underlined words. For example, in a New York Times story on Carnegie Hall, if you hover over the name of the venue, a bubble pops up with its corresponding Wikipedia entry so you can choose to learn more. Many web users have grown to hate these pop-ups because they usually contain unwanted advertising pitches. So it will be interesting to see if MashLogic can escape that stigma.
One way its trying to differentiate itself is by tapping the Twitter trend. Also in June, it added contextual trending Twitter topics and even Twitter profiles to its bubbles. You can even tweet about the content you’re reading without leaving the site you’re on. This is seemingly good news for publishers, but MashLogic is also selling itself to web users as a way to “Take Back the Web” and have all the information they need at their fingertips.
Next Story: Samsung drops $6 billion hostile bid for Sandisk
Previous Story: With Dolby Axon surround sound, listen to 50 players chat at once
-
David Cowan
-
paulbaines
