Deals

Kngine, the natural language startup, finally raises a quick $500K

Kngine is a search startup that — like many forward-looking search entities — is working on a natural-language approach to search.

The company has just filed with the SEC for its first funding: a proposed $650,000 mini-round, of which $500,000 has been secured. The cash, a debt round, comes from Altos Ventures.

It’s not so shocking that the company, founded in 2008 (way ahead of its time), has only just raised venture money. Last we heard, the outfit had a burn rate of $1,000 per month.

Kngine is based in San Mateo, Calif., and is the brainchild of brothers Haytham and Ashraf ElFadeel.