StumbleUpon Goes Independent; Backed by Founders and New Investors

SAN FRANCISCO, April 13 /PRNewswire/ -- StumbleUpon, the best way to discover
new content on the Internet, today announced that after nearly 2 years as a
subsidiary of eBay Inc., it has returned to the ranks of an investor-backed
startup. StumbleUpon is now backed by the original company founders, Garrett
Camp and Geoff Smith, as well as a number of well-known investors including
Ram Shriram of Sherpalo Ventures, Accel Partners, and August Capital. Camp
takes on the role of CEO of StumbleUpon.

"We are grateful to eBay for its guidance. However, we realized there were
few long-term synergies between the two businesses. It is best for us to part
ways and focus on our respective strengths," said Camp. "This change makes it
possible for StumbleUpon to continue to innovate and focus on becoming the
Web's largest recommendation service."

"StumbleUpon helps users discover the best of the web - it's a way to find
interesting content you wouldn't think to search for," said Shriram.
"StumbleUpon's personalized recommendation engine brings serendipity back to
websurfing, and lets users sift through socially-endorsed content with a
single click."

StumbleUpon will remain focused on helping people discover interesting content
by increasing the accessibility of the StumbleUpon service and the quality of
recommendations. In addition, StumbleUpon has plans for several new products
and features to be released in the upcoming months.

About StumbleUpon
StumbleUpon discovers Web sites based on your interests, learns what you like,
and brings you more. With more than 7.4 million users and 425 million
recommendations per month, StumbleUpon is the leading way to discover great
content on the Internet. More than 20,000 advertisers are using StumbleUpon
to promote products and services. Founded in 2001, StumbleUpon is based in
San Francisco and backed by the same investors as Google and Facebook. For
more information, visit www.StumbleUpon.com.

Contact:
Rachel Petersen
Nectar Communications
rachel@nectarpr.com
415-637-0576

SOURCE StumbleUpon

Rachel Petersen of Nectar Communications, +1-415-637-0576,
rachel@nectarpr.com, for StumbleUpon