Conduit offers way to search 12 million toolbars

Conduit is a company that lets Web site owners and bloggers build a customizable toolbar for their visitors, and it says it is growing quickly.

We wrote about the company last year. It boasts 12 million sites using its toolbar. Today, the Israeli-Redwood Shores, Calif. company lets Web surfers find toolbars with preloaded groups, for example of top tech blogs, including ours.

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It also lets you search for any of the toolbars, on a network called MyConduit. Once you’ve downloaded one, you can then add others to a drop-down menu without a separate download. This lets you use the toolbar of your favorite site, but also subscribe to countless others, which you can then carry around with you latently — accessing them from the pull-down menu. VentureBeat’s toolbar can be found here.

The company raised $2 million last year, and is now looking to raise another round of capital. It says it is profitable (cash-flow positive), and is now nearing $10 million in revenue a year — which is striking. It relies solely on ad revenue it shares with Google by letting that company power the search on the toolbar. See a shortened version of our toolbar above, and longer one below (shrunk)