paidContent.org - The Economics of Content

Current Story

Sequoia-Backed Searchme Launches With $25 Million

By Joseph Weisenthal - Tue 11 Mar 2008 09:54 AM PST

VC firm Sequoia Capital is heavily backing a new search engine dubbed Searchme, to the tune of $25 million, reports Kara at AllThingsD. The site has been incubating at Sequoia for about three years, although there are other investors as well (unidentified in the report.) Searchme will offer a way to scan search queries visually—so instead of getting a list of links, users will see various screenshots in a manner that closely resembles the way album covers are displayed on the iPhone. The company is helmed by entrepreneur Randy Adams, who was previously CEO of AuctionDrop, as well as a number of other companies, with Sequoia’s Mark Kvamme as chairman. The site is still in private beta.

ATD: “We are no Google (NSDQ: GOOG), of course, but we are trying something different to provide a new experience for searchusers,” said Adams. “Most of all, we are trying to innovate in search, which is still largely a text and list experience.” Adams has a point about the lack of innovation in search over the last several years by leader Google, which continues to grow its market share anyway. 

Posted in: Technologies/Formats, Search, VC+M&A, Venture Capital

Tags: sequoia capital, searchme

Related Research from Alacrastore.com

0 Responses:
  • There are currently no comments for this article.

    Why don't you make one?

Post Your Comment

Mobile Options

» Mobile/BB App
» Mobile/Wap Site

Send a News Tip

About

paidContent.org, flagship of the ContentNext Media network, provides global coverage of the business of digital content.

Rafat Ali
Publisher & Co-Editor

Staci D. Kramer
Co-Editor

David Kaplan
Senior Correspondent

Joseph Weisenthal
Correspondent

Robert Andrews
U.K. Editor

Amanda Natividad
Editorial Producer

EconAds Conference - The Economics of Ad Deals. Tuesday, June 3rd, 2008. The New World Stages, NYC

New Media/Interactive Job Listings

Post Job
More Jobs

Generous Supporters