San Francisco - Radar Networks, a developer of semantic Web technology, announced on Monday that it has raised a $13 million second round of venture capital, led by Velocity Interactive Group.

Draper Fisher Jurvetson, and previous investor Vulcan Capital also participated.

San Francisco-based Radar Networks said it will use the funds to roll out and scale its first semantic Web application, Twine, which has been in beta testing since November.

The company describes Twine as a "service that helps users organize, share and discover information about their interests, with networks of like-minded people.

"Powered by semantic understanding, Twine automatically organizes information, learns about users' interests and makes connections and recommendations."

Related Links:
http://www.prweb.com/releases/Semantic/Web/prweb720484.htm

http://www.radarnetworks.com

http://twine.com