Technology Start-Up Creating Advanced Search Adds $25 Million Investment
MENLO PARK, Calif., April 15 /PRNewswire/ -- Cuill, a stealth start-up
with a new approach to search, announced today that the company has secured
a second round of equity financing of $25 million, led by Madrone Capital
Partners. The Series B investment follows a previous $8 million funding
round from Tugboat Ventures and Greylock Partners.
"We are pleased with the confidence of our investors," said Chief
Executive Officer and co-founder Tom Costello. "Our team is using
breakthroughs in search architecture and technological advances to create a
new paradigm in search, and we now have the resources to reach the next
level in pure search."
Cuill has assembled a premier team of search experts from Google, IBM,
eBay, Alta Vista, Xerox PARC, the Internet Archive and Stanford University.
These highly respected search veterans have a proven track record in the
search industry and are focused on creating the next generation of search.
"We are thrilled to receive additional funding," said Anna Patterson,
President and co-founder. "I'm very proud of the experienced team we have
recruited and the board we have assembled. Our goal is to offer a
dramatically improved search experience and we look forward to sharing
Cuill with everyone on the Web."
About Cuill
Cuill is a technology start-up pioneering a new approach to search. The
team is leveraging their own expertise in search architecture, relevance
methods and data analysis to provide users with a better search experience.
The company is located on a quiet street in Menlo Park, Calif. For more
information, visit http://www.cuill.com.
SOURCE Cuill
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Related links:
http://www.cuill.com
CONTACT:
Andrea MacLean of Manning Selvage & Lee,
+1-415-293-2796, andrea.maclean@mslpr.com, for Cuill
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