Blog search engine Technorati, which was simultaneously pitching a sale through Montgomery & Co. as well as a new venture round, raised $7.5 million in a fourth round of financing according to a regulatory filing. Investors include Draper Fisher Jurvetson, Mobius Venture Capital and FG Incubation.
I spoke with Technorati CEO Richard Jalichandra this evening, who confirms that a venture round has been closed and says that the company will make an announcement next week that includes more information.
It’s also clear that the company is refocusing its business. We believe they are launching a blogger-focused advertising network based on documents we published in February. The company has, however, considered other strategies recently, including a blog rollup. We’ll know more next week.
Why has it taken sooooo looooooong for Technorati to be acquired?!
Probably “data” per se is not as valuable as people once thought…
Blogs are a big deal?
Dear Google Search,
Blogs are actually not a big deal. That is why you just commented on one.
um, the series A was done by Mobius and DFJ. who else would give them funding on a SERIES D?
I expected they would be acquired long ago.
Maybe they think their new focus will increase value by a substantial amount.
Technorati is still around?
They still seem like a solution in search of a problem.
good company
rc
trading tennis blog
I thought Technorati faded away a long time ago…
Dear Richard Jalichandra,
In case you’re reading this comment stream, please use the money to fix RSS feeds on search queries first before you do anything else with it. They stopped working weeks ago.
Example: http://feeds.te...&language=n
Kind regards
Here is my suggestion to Technorati, start linking with University R&D people so that you stay ahead or at least competitive with Google. Google has a department of R&D guys (perhaps all PhDs) doing original research & development of the most robust algorithms. In the analytics world, the only thing that counts is how efficient or accurate is your algorithm and I am afraid that you’re losing the battle to a bigger competitor such as Google. You might have a few PhDs that do your R&D but that is not enough to compete with opponents like Google, since they have more resources than you, and it translate into more efficient , more superior analytic for them (ie, Google).
If you haven’t hooked up with University R&Ds yet, how about trying the following group, Berkeley Initiative in Soft Computing (BISC). This group know/connect with all the top of the top researchers in the world. They know everything & anything about analytic algorithms/systems development.
I believe that Prof. Masoud Nikravesh runs this group, so get in tough with them (or any other University R&D group) and I can guarantee you , that you will be competitive with Google on the long run.
so get in tough with them …
should read:
so get in touch with them …
i sure hope this is a cram down restart financing!!!
@11: Neither Google or Technorati are apparently spending time or money on R&D around blog search or other forms of conversational media such as microblogs. Technorati and Sphere is moving away from what was once the core of their respective companies and Google uses blogs merely to provide freshness of their web search. Innovation in search based on conversational media is happening elsewhere.
Why not? Someone give Icerocket.com some more money too.
It’s put up or shut up time. Impress me Technorati.
Technorati is irrelevant. functionality does not work… results are as good as those of alexa. IMO total and utter crap. Please! leave ‘em to die. We don’t need them and we won’t miss them either
Technorati is having issues, one becuse google has promoted its blog search paltform. The other is Technorati has counted scraper sites as giving a blog athority. I cannot belive the funding for this stuff.
Anthony
I’ve tried Twingly not long ago. It seriously competes against the anomic Technorati.
i sure hope this is a cram down restart financing!!!