Kosmix issues $238K more in stock after CruxLux buy
Kosmix, a search engine that provides comprehensive pages of information in response to queries, has brought in $238,000 from a new stock issuance related to its recent acquisition of CruxLux, a startup that determines connections between people, places and things. Based in Mountain View, Calif., Kosmix is backed by Accel Partners, DAG Ventures, Lightspeed Venture Partners and Time Warner. It raised $20 million last December.
This post corrects an earlier one published today reporting that Kosmix… Continue Reading
Scanscout raises undisclosed funding from Time Warner
Scanscout, an online video advertising company, has raised an undisclosed amount from Time Warner — yet another large, old media company investing in a video startup.
The Boston, Mass. company is part of a new crop of startups seeking to help advertisers to place their ads contextually within videos (screenshot of company demo, below).
Scanscout competes most directly with other startups like Adap.tv and EveryZing, two other recently-funded startups that claim to have market-leading technology for placing… Continue Reading