Outbrain Gets $5 Million

[qi:110]New York-based startup Outbrain has raised $5 million in a Series A funding from Gemini Israel Funds, Lightsteed Venture Partners and Glen Rock Israel. The company, headed by Yaron Galai, co-founder of Quigo (sold to AOL), provides ratings and recommendations for web content — including blogs. How they are going to make money off their business is not evident at this time. Allen Stern says that sponsored recommendations are one way for them to make money. Gemini Israel Fund’ Daniel Cohen has his take on the investment.