olivesoftware.jpgOlive Software appears to have survived a tough rejection by Google last year.

The Santa Clara, Calif. company helps transfer off-line content into a format which Google can search. It converts PDF documents, microfilm and any other files to XML. Google courted the company aggressively, and did so much analysis of the company’s technology that some at the company felt violated when Google abandoned it at the altar.

However, Olive has just gotten new funding, $5 million in debt from BlueCrest Capital Finance of London, VentureWire reports (sub required).

Comments on our original story were divided about whether Olive’s technology is any good.