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August 21, 2012 11:59 pm GMT
Ness Computing, a startup that has developed a highly personalized, data-driven search engine, has raised $15 million in Series B funding led by SingTel Innov8 with American Express Ventures participating in the round. Ness previously raised $5 million from Khosla Ventures, Alsop Louie Partners, TomorrowVentures, Bullpen Capital, a co-founder of Palantir Technologies, and angel investors.The company, which CEO and co-founder Corey Reese compares to as a Palantir for fun, created a robust search engine that parses social data and produces more personalized results. Part of Ness is a recommendation engine that uses machine learning when looking at social data from Facebook, Twitter, Foursquare, Gowalla, and other places. The other component of Ness' technology is the actual search engine that serves up useful results based on these signals. The combination results in what Reese calls a Likeness Engine.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/fsrr07vD8Og/
Ness Nabs $15M From AmEx And SingTel To Expand Data-Driven, Personalized Search To Other Verticals
Ness Computing, a startup that has developed a highly personalized, data-driven search engine, has raised $15 million in Series B funding led by SingTel Innov8 with American Express Ventures participating in the round. Ness previously raised $5 million from Khosla Ventures, Alsop Louie Partners, TomorrowVentures, Bullpen Capital, a co-founder of Palantir Technologies, and angel investors.The company, which CEO and co-founder Corey Reese compares to as a Palantir for fun, created a robust search engine that parses social data and produces more personalized results. Part of Ness is a recommendation engine that uses machine learning when looking at social data from Facebook, Twitter, Foursquare, Gowalla, and other places. The other component of Ness' technology is the actual search engine that serves up useful results based on these signals. The combination results in what Reese calls a Likeness Engine.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/fsrr07vD8Og/
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