InfoAxe Garners $3,000,000 Series A Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=26d575c6-9f51-4e24-9710-6214b63b6d2c&Preview=1 -
Date
8/21/2010 -
Company Name
InfoAxe -
Mailing Address
541 Del Medio Avenue Mountain View, CA 94040 -
Company Description
Infoaxe is the next generation Search Engine searching a very different kind of Web, founded by two graduate students at Stanford University. -
Website
http://www.infoaxe.com -
Transaction Type
Venture Equity -
Transaction Amount
$3,000,000 -
Transaction Round
Series A -
Proceeds Purposes
Infoaxe is almost profitable already through search advertising, Siddharth said, but it will use the new funds to expand its workforce by hiring engineers and product designers. -
M&A Terms
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Venture Investor
Individual Investor
