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Cuill Gets $25 Million In VC Funding
Cuill, the stealth search startup backed by
former Google, AltaVista, and IBM search experts, has completed a second round of
funding to the tune of $25 million. The round was led by Madrone Capital
Partners and follows on a first round of $8 million from Tugboat Ventures and
Greylock Partners. From the release:
“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.”
For more about Cuill, see my
The Google Challengers:
2008 Edition post from earlier this year.