The Raise of Kosmix.Com- the Popular Search Engine
Thursday, December 18th, 2008Kosmix.com, the popular web search engine closed up the fund counting with an outcome of $20 million invested by TimeWarner, with the contribution form prevailing investors the Accel Partners, the light speed venture partners and the Dag ventures. The total investment counts around to $55 million funding with respect to Kosmix.com.
Two friends, Mr. Venky Harinarayan and Anand Rajaraman, launched the Kosmix.com in the year 2005. The Venky Harinarayan and Anand Rajaram were the co-founders of a shopping web based search site, the Junglee. The Junglee was purchased by the famous search site, the Amazon.com in the year 1998.
The Kosmix instigated as a vertical web-based search engine with initial introduction of health related search sites such as the RightHealth.com, as an evidence of notion for the Kosmix advance to the pace of Internet navigation. In mid 2008, the Kosmix stretched its concentration from the normal vertical to fully horizontal application according to the TechCrunch and Crunchbase sources.
With the comparison of Kosmix and Google, the Anand Rajaraman stated that the Google gives accurate result if you are aware of what exactly you are searching for. However, if you just possess a vague idea on any topic, it may be hard to offer the correct answer. He also claims that the Kosmix permit a person to search on a complete topic even with a vague knowledge and it comes out with the entire inter-related topic that you may be interested in.
The extraordinary features of Kosmix.com gained many investors and thereby, helped in rising up $20 million, which is quite a brilliant achievement. The Kosmix.com states that it is planning to use the extra new raise in funds to build up partnerships with some other web properties, add up prominent sales team and to expand the site. The co-founders of Kosmix put forward few examples to prove that the Kosmix is the most relevant search site. He used a simple algorithmic sentence that described the discrepancy between the Google and the Kosmix. The Statements goes Google equals to Search and find but Kosmix equals to explore and browse.
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