Domain bit.ly abbreviated website won 2 million dollars VC

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Webmaster Network ADMIN5.COM3 31st News, according to foreign media reports, last year, a 15 million-dollar sales search engine to Twitter, Betaworks company recently announced that its internal Project Web site bit.ly and get 2 million of dollars in venture capital.

The venture capital was led by O ' Reilly Alphatech Ventures, including social leverage of Howard Linderen (Howard lindzon) and Jeff Claville VC, Clavier (Jeff Softtech).

bit.ly is not prepared to make a profit by placing Google search ads on its website, it is reported. It prepares to obtain statistical information by counting those thumbnail clicks and provides this information to some analysis agencies in real time. bit.ly says it will get revenue in this way. In addition, bit.ly is free to ordinary netizens.