Camelot Ventures invests in Farmington Hills start-up

Camelot Ventures made an undisclosed investment in Want Technologies, a social media/e-commerce start-up in 2010. Since then the Farmington Hills-based company has made its software plug-in, the Want Button, a staple of more than 1,000 e-commerce websites.

"We knew there was a need within the e-commerce world for retailers to have a better way to engage their browsers and turn them into browsers," says Greg Links, vice president of business development for Want Technologies.

Want Technologies' the Want Button is a social media plug-in for e-commerce websites that is reminiscent of the Facebook's Like Button. Users can click on the Want Button next to a product they are interested in buying and have that page bookmarked to a universal wish list on their Facebook page.

Today the Want Button is on more than 1,000 e-commerce sites, including Edible Arrangements and Sharper Image. Links expects the Want Button to be on a minimum of 2,000 sites by the end of this year and be ubiquitous on e-commerce sites in the near future. Want Technologies has a staff of 15 employees and an intern working to make that happen.

Source: Greg Links, vice president of business development for Want Technologies
Writer: Jon Zemke

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