February 20, 2007

Union Square Ventures funds Adaptive Blue

Marshall Kirkpatrick

20 comments »

Semantic web Firefox plug-in provider Adaptive Blue announced today that the company has raised an undisclosed amount of funding from Union Square Ventures.  The company’s product, called Blue Organizer, is a tagging and search tool with an incredible array of features and a focus on parsing the semantic meaning of web pages it interacts with.  Union Square Ventures is most well known for its funding of Del.icio.us prior to the Yahoo! acquisition.  The firm also invested in Feedburner.

Blue Organizer rolled out a series of substantial feature upgrades this week as well; I reviewed the previous version of the product  here in November.

Adaptive Blue is a four person company that was founded one year ago and had been self funded by founder Alex Iskold.  The company’s big break came when the Blue Organizer was selected as an official recommendation on the Firefox 2.0 add-ons page.  User downloads grew from 20k prior to that listing to 130k in November to 340k today.  It’s interesting to see that growth rate has continued since the release of the latest Firefox version.

To get a good idea of Blue Organizer’s power, I recommend either trying the browser plug-in out or reading my previous review of it.  Below is a screenshot to give you a taste of what it looks like when I was on a web page containing a music review and used Blue Organizer.  The product automatically determined that I was reading about music and what search options would be most relevant.   It’s very impressive, but my personal use of the web is focused enough on one topic that it’s topic discerning powers and vertical search are less relevant to me than they might be for more casual web users who read online about things like wine and books.

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  1. Morgan

    Doubt that I’d use it, but the autosensing capabilities actually seem pretty impressive. This stuff’s going to get better fast pretty quick I think.

  2. Robert Dewey

    It’s definitely awesome, although I don’t believe I have a use for it. Obviously there are +300K that HAVE found a use for it, though. Good work, and keep it up, Adaptive.

  3. Jay Meattle

    Hearty congratulations to Alex and his team!

  4. Allen Sligar

    Oh AI for surfing….nice

    Can you data mine it?

  5. Pete

    Interesting, but I don’t think I can take another product with the word “blue” in the name :)

  6. Gopi

    Good Product, Bad Name… The name sounds like a b2b network integrator or something not a consumer web company.

  7. Richard

    This product is excellent and highly useful if you use multiple computers during the day. Glad the VC community has made an investment.

  8. Morgan

    Why’d the screen shot change? Embarrassed to be reading Huffington? Understandable, but odd.

  9. Alex Iskold

    Morgan, we actually asked Marshall to change the screenshot because it was from the older version of the BlueOrganizer and this one is from 3.2.

    Alex

  10. matthew

    mike you like madonna’s confessions on a dance floor? i’m leaving and never coming back…

  11. obviousguy

    Wonder how many of those 300000 users are active users - my guess is 10%

  12. Peter Rip

    I am glad to see Alex and Fred got together. Alex is a really great guy, very talented. I think this is going to be a great partnership.

    Peter Rip

  13. Daniel Haran

    Alex - does your product parse any micro-formats to help it grok meaning from pages?

  14. Alex Iskold

    Daniel,

    We have the ability to handle microformats, but we are waiting for Mozilla to show what will be included in Firefox 3.0 because we do not want to confuse the users.

    Alex

  15. Rich Krueger

    I’m proud to be one of the 300,000 users who find Blue Organizer an indespensable tool and have been a big fan of Alex’s ever since I met him in a mid-town Starbuck’s last summer. Coincidentally, he was leaving to meet with Fred of Union Square Ventures.

  16. Drama 2.0

    Business model?

  17. Marshall Kirkpatrick

    Paid inclusion in default vertical search, possibly aggregate attention data sale in the future. See previous coverage of the company.

  18. Drama 2.0

    Marshall: I can see those as being possibilities. With a base of over 300K, do we know if they’ve started implementing any of these monetization strategies? If not, I’d ask why they haven’t. It always amazes me that startups are willing to take on institutional money based on their theoretical monetization plans, apparently not realizing that if they can actually implment them to some extent and provide some validation, their leverage goes up and they can often get a better deal.

  19. Marshall Kirkpatrick

    Again, if you see our previous coverage of the company - yes, they have begun monetizing paid inclusion in default vertical search. :)

  20. Gordon Ebanks

    Congratulations Alex — I Know you worked hard to get to this point.