Semantinet raises $3.4M for web information discovery
Semantinet, an Israeli company working on a browsing product incorporating semantic technology, has taken a first round of funding totaling $3.4 million.
There aren’t many details yet on what Semantinet’s product will look like. The company has only said that it is working on “software enabling the discovery of new information as part of the natural browsing experience.”
Another company that may be similar is Evri, which uses semantic technology to connect concepts and information that is scattered across the web.
The investors in the round were Giza Venture Capital and three angels: Ronald Cohen of Apax Partners, Joseph Vardi of ICQ, and Jeff Pulvver of Vonage.
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About the Author, Chris Morrison
Chris Morrison writes about cleantech and environmental issues for VentureBeat, with occasional forays into gaming and semantic technology. He got his start writing about tech for Business 2.0 magazine, but quickly realized new media was the ticket when that institution closed its doors in 2007. Chris has also covered public equities and regulatory issues. He originally hails from southern Virginia, graduated from Evergreen State College in Washington, and now lives in San Francisco.