Trusted Opinion Announces 1 3 Million Series A Financing

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Released on: 31, December 1969
, Author: FutureWorks PR
, Audience: Internet related

Palo Alto, Calif., October 26, 2007 Trusted Opinion(www.trustedopinion.co m) announced that it has raised $1.3 million in its firstround of funding. TrustedOpinion.com drives consumer confidence by creatingreliable, personalized recommendations based on the opinions of your network offriends.

Trusted Opinion recognizes that opinions of one s friends are more meaningful ofthose of a stranger. By weighing the opinions of people in one's social networkhighest, TrustedOpinion.com members experience higher quality and more relevantrecommendations. The site is currently focused on movies and television series andwill introduce new categories in the near future.

Proceeds from the funding will accelerate Trusted Opinion s impressive growth. Sincethe official launch of its beta site in February 2007, the company has developed astrong following with more than 350,000 registered members and over 3,000 newmembers added each day.

TrustedOpinion.com is different from other review sites by providing a personalizedexperience with tailored recommendations unique to the user. Unlike other sitesthat provide ratings based on the average opinion of everyone on a site, TrustedOpinion's patent-pending recommendation algorithm places greater value on theopinions of friends, and friends of friends, up to three degrees.

When members log into TrustedOpinion.com, they can access top-rated theatricalreleases and DVDs ranked based on the opinions of their circle of friends.Personalized movie scores are displayed, along with a visually rich, 3-D "RatingsRadar " that displays a member's circle of friends and their individual ratings forthe film. The Ratings Radar is also used to explore friends' recent activity anddiscover and meet new people who share the same tastes.

About Trusted OpinionTrusted Opinion is a privately funded company headquartered in Palo Alto, Thecommunity includes over 350,000 members from all over the world. The current opinionnetwork is focused on movies with plans to expand across many other categories ofrecommendations in the near future.


Source: Express-Press-Release.com
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