Comments on: Semantic search startup TextDigger unearths a business model, and some venture funding

By: Microsoft to buy semantic search engine Powerset for $100M plus (VB) | Direct2News

Wed, 17 Sep 2008 18:04:58 +0000

[...] That’s where Powerset sees an opportunity for growth, and perhaps where Microsoft finally sees a chance to get a quality edge. However, Powerset’s technology has remained controversial to people within the industry because, while sexy in theory, the natural language approach is difficult to pull off in practice. Skeptics wonder if the technology can ever be developed enough to be useful within a major search engine. That skepticism abounded during a long secretive stage in Powerset’s development, but the company did launch its service last month to the public, so it’s there for full view. You can use it to search for items within Wikipedia, and we’ve previously outlined various instances where it can be useful.The Microsoft purchase appears to validate Powerset’s technology, though the amount of the purchase is clearly less than Powerset’s investors had originally hoped for. Powerset was valued at a whopping $42.5 million after the first round of financing two years ago. At the time, investors expected that new technology it was acquiring from PARC would help it make significant breakthroughs. However, the technology has taken longer to develop than expected. Powerset was also burning cash at a fast rate, and so a purchase at $100 million is considered a safe result for an area that is also seeing increasing competition (players such as Hakia, Twine and TextDigger are all using similar approaches). [...]

By: us radar

us radar — Mon, 30 Jun 2008 21:45:59 +0000

[...] Powerset and radar Networks / Twine. But now the company has come back to light, at least for uhttp://venturebeat.com/2008/06/19/semantic-search-startup-textdigger-unearths-a-business-model-and-s…UM-Weather: Radar &amp SatelliteWelcome to UM Weather&39s radar &amp Satellite page! To obtain the [...]

By: Microsoft to buy semantic search engine Powerset for $100M plus » VentureBeat

Thu, 26 Jun 2008 20:58:44 +0000

[...] million is considered a safe result for an area that is also seeing increasing competition (other players such as Hakia, Twine and TextDigger are all using similar approaches).The deal does make sense for Microsoft, which is trying to figure out its strategy in search since [...]

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better search engine ranks — Sat, 21 Jun 2008 12:15:41 +0000

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By: An actual business model in search besides Google? | Editechial

An actual business model in search besides Google? | Editechial — Thu, 19 Jun 2008 16:17:16 +0000

[...] company that received some recent coverage today from VentureBeat is TextDigger. Raising an additional $3.5 million in funding in the past year, TextDigger claims [...]

By: McVenture » Blog Archive » Semantic search startup TextDigger unearths a business model, and …

Thu, 19 Jun 2008 13:23:03 +0000

[...] TextDigger, a semantic search startup that launched early last year at DEMO, has been much quieter in the interim than other companies in the space like …Posted from VentureBeat – Fremont,CA,USA [...]