A new era in search
By Dan Blacharski
A startup called Powerset announced $12.5 million in first-round venture funding last week, and an aggressive plan to change the very nature of search technology. Of course, by Google standards, $12.5 million is pocket change, and Powerset has some very well-moneyed rivals to take on. But, on the other hand, successful tech companies have been launched with less, and I’ll give them credit for taking on the 800-pound gorilla. And of course, their technology is from Xerox PARC, which is by no means dollar-store technology.
Read the full article here.
A startup called Powerset announced $12.5 million in first-round venture funding last week, and an aggressive plan to change the very nature of search technology. Of course, by Google standards, $12.5 million is pocket change, and Powerset has some very well-moneyed rivals to take on. But, on the other hand, successful tech companies have been launched with less, and I’ll give them credit for taking on the 800-pound gorilla. And of course, their technology is from Xerox PARC, which is by no means dollar-store technology.
Read the full article here.
posted by ITworld Editors at 8:30 AM
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