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Israeli Startup SemantiNet Raises $3.4 Million

Authored by Mark Hefflinger on September 4, 2008 - 7:23am.
Tel Aviv, Israel - SemantiNet, a stealth-mode company developing software that "enables the discovery of new information as part of the natural browsing experience," announced on Thursday that it has secured $3.4 million in first round funding.

Investors included Giza Venture Capital, and individual contributors Sir Ronald Cohen, co-founder of Apax Partners; Dr. Joseph Vardi; and Jeff Pulver.

Founded in 2006, Israel-based SemantiNet plans to launch its first product later this month, which it says will "combine leading-edge semantic web technology with crowd-sourcing, state-of-the-art cross-platform multimedia and integrated browser functionality."

 

Related Links:
http://snipurl.com/3n06x

http://www.semantinet.com

Published in DMW Daily, September 4, 2008
tags: Deals | VC | Giza Venture Capital | SemantiNet |



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