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Mountain View's Kazeon, which sells search engine technology to large companies, has raised $21 million in a second round of venture capital financing. The funding, led by Silicon Valley's Menlo Ventures, brings the total investment in the company to $44 million.
The company has teamed with Google to sell companies a product that allows them to search employee files, from laptop and desktop data, to backup data on servers and other storage areas otherwise difficult to access. The company indexes the files, just as a search engine like Google indexes Internet pages -- making them easy to find when someone searches for certain term or phrase. Its products are also designed to help companies with things like security and legal discovery
Sudhakar Muddu, founder and chief executive, said the company has 25 paying customers, and another 34 companies are testing the product.
He said the task is in some ways larger than crawling the Web. He said the large search companis crawling the Web are facing about 80 to 100 terabytes of data, whereas large corporate clients have up to 3,000 terabytes of data. He said Goldman Sachs' data files alone out-match the Web ten times.
Yahoo and Google use 50,000 servers to crawl the web. But his servers have to be more powerful, because he'll be selling only between ten and 100 servers, maximum to his corporate clients.
We'll be mentioning this in the Merc tomorrow.