Connecticut Innovations (CI), a quasi-public authority responsible for technology investing and innovation development operated by the state of Connecticut, announced a follow-on investment of up to $550,000 in ExeCue Inc. of Stamford, Conn., through its Eli Whitney Fund. The investment is part of a round of up to $1.6 million also involving individual investors.
ExeCue developed a knowledge-driven search platform that helps business and Internet users retrieve search results from both structured databases and unstructured repositories like email, file systems, and web content. The company operates Semantifi.com to demonstrate the capabilities of its search platform, with a focus on building, sharing, and monetizing search applications. The site hosts a variety of search applications that offer search capabilities for SEC filings, government spending, economic metrics, and the U.S. Census.