ThisNext Raises $5 Million

ThisNext, a Santa Monica, Calif.-based social shopping site, has raised $5 million in second-round funding, peHUB has learned. Return backers included Anthem Venture Partners and Clearstone Venture Partners. ThisNext previously raised a $2.5 million Series A round in early 2006, and also an undisclosed amount of venture debt.

CEO Gordon Gould previously founded Blogsmith (bought by AOL) and was president of Silicon Alley Reporter (whose owner Jason Calcanis now sits on the ThisNext board of directors). www.thisnext.com