Powerset, the hyped search engine company, sees shakeup

Powerset, the hyped search engine company, sees shakeup

updated
Powerset, the “natural language” search engine company saying it wants to take on Google, has seen a shake up in its management.
The San Francisco company received substantial hype when it emerged last year saying it had found a way to understand the phrases… Continue Reading

An update on Powerset, the natural language search engine

An update on Powerset, the natural language search engine

Powerset is a quixotic search engine company here in San Francisco that has convinced itself it can take on Google.
While Powerset gears up to release its search engine publicly later this year, it hopes to nurture an army of 50,0000 early testers, or “Powerlabbers,”… Continue Reading

Powerset raising more money

Powerset raising more money

After raising a decent $12.5 million in cash last year, Powerset, the secretive search engine company that wants to take on Google by using “natural language” technology, is going to raise a larger round this year.
This and other gossip about Powerset spilled out Saturday… Continue Reading

The “FF class” of stock, for founders who want cash early

The “FF class” of stock, for founders who want cash early

(Updated with more details on how FF works)
A form venture capital funding in Silicon Valley is getting increased interest from founders of start-ups.
It is called the “FF class” of stock, for founders who want to cash out a small percentage of their stake… Continue Reading

Portola Pharma gets $20M debt financing

Portola Pharmaceuticals, a South San Francisco biotech company developing cardiovascular and vascular disease therapies, has raised $20 million in debt financing from Hercules Technology Growth Capital.
Portola is already backed by venture firms Abingworth, Alta Partners, ATV, Frazier Healthcare Ventures, MPM Capital, Prospect Ventures and… Continue Reading

More on Powerset, the secretive search engine

More on Powerset, the secretive search engine

(Update: See our subsequent funding story here)
We promised to bring you more on Powerset, that secretive company that wants to better Google with a new kind of search.
Powerset is going after the holy grail. It is called “natural language” search, or understanding language… Continue Reading