Pearltrees Raises $1.6 Million

Pearltrees, a social web curation tool based in Paris-France, announced that it has raised $1.6 million in funding from European entrepreneurs and business angel investors, to accelerate international development.

Since the launch of the Pearltrees beta version in December 2009 at LeWeb in Paris, the social curation tool has developed a strong community. In order to accelerate the international development of Pearltrees, especially in the US, shareholders of the French start-up raised additional funding, totaling $4.6 million to-date.

Since last December, the growing community has pearled and organized nearly two million web pages. Moving far beyond simple bookmarking, Pearltrees users can select each other's pearltrees as a way to follow the topics they care about. Everyone can now browse pearltrees created by passionate users on various subjects, including food, politics, media, arts, travel, music and countless others.

Pearltrees Version 1.0 will be released later this year. Also refer to VentureBeat on the funding announcement.