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Kosmix Get Further $20Million Funding

11:57 am on Dec 9, 2008 (gmt 0)

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Kosmix Get Further $20Million Funding [washingtonpost.com]
Search technology company Kosmix has picked up a big $20 million in a fourth round of funding led by Time Warner Investments. Existing backers Accel Partners, Lightspeed Venture Partners and DAG Ventures also participated in the round, and interestingly, former Motorola CEO Ed Zander joining as a private investor. Mountain View, CA-based Kosmix has raised $55 million in funding since its launch in 2006 as a health-centric vertical search firm, and it has since branched out into other areas like travel. It plans to use the funds to help build out its network.



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