LAUNCHPAD: DueDil gets its numbers right with $17m investment

The company information site has raised $22m in less than a year.

by Emma Haslett
Last Updated: 03 Mar 2014

The rise and rise of Facebook has proven how addictive spying on one's ex-boyfriend can be - and now DueDil is proving spying on one's competitors can be equally as compelling.

The 'business discovery platform', which allows users to browse Companies House (or Companies House-style) data on firms in 22 different countries for a fixed fee, has just raised $17m (£13m) in series B funding from Oak Investment Partners.

The funding - less than a year after it raised $5m - gives it the opportunity  to expand into even more territories, founder Damian Kimmelman said.

Since it was launched in 2011, DueDil has made waves on both sides of the pond: it's been named as one of Britain's best startups by both Wired and Forbes. And, given business' appetites for more and better information about their rivals is only going to get stronger, we'd suggest this is one to keep an eye on.

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