Kosmix Lands $10 Million Investment

Dec 14, 2007


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Kosmix announced a $10 million investment led by new investor DAG Ventures with additional participation from current investors, Accel and Lightspeed, giving it a strong cash position to accelerate growth in the marketplace. The company's fundamental content categorization engine, licensed to numerous companies, is built upon technologies in algorithmic categorization and large-scale systems distribution. The core of Kosmix's technology is an algorithm-based categorization engine that has been in development for three years. The technology combs billions of webpages and structured data points to aggregate, categorize, and return the most targeted content to users. By generating every page algorithmically, Kosmix automatically creates rich and relevant home pages for any topic.

(www.kosmix.com)