TheFind.com Gets Hold Of Glimpse

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TheFind.com has reached into its pockets and located enough money to acquire Glimpse.com, a “high-fashion shopping Web site.”  In semi-related news, “dog sweater” is one of TheFind’s current “hot searches.”

It’s probably best to focus on the business arrangement, however, and according to a press release, “Through this deal, TheFind gains a leading fashion destination site that identifies and delivers the hottest trends in women’s fashion, while Glimpse.com users gain access to TheFind’s unparalleled roster of online boutiques, specialty fashion retailers and leading brand stores.”

Siva Kumar, CEO of TheFind, also stated, “This acquisition further proves our ongoing commitment to providing the most engaging, efficient and fun online shopping search experience for our fashion-savvy consumers.”

Of course, as exuberant and chatty as both corporations were about the takeover, neither disclosed the purchase price.  Yet “market share” and “people count” graphs at GigaOM and Frostfirebuzz.com both represent Glimpse as a virtual flatline, so it’s likely that not much cash passed hands.

For this reason, don’t be surprised if TheFind continues to buy up other sites.  The company could have just been keeping mum, but a month and a half ago, TheFind received $15 million in financing, and it had no clear plans for the funds at the time.

TheFind.com Gets Hold Of Glimpse
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