The search solution Kosmix has raised $20 million in a funding round led by TimeWarner, the company announced today–an impressive feat in today’s economic climate. Andy interviewed Kosmix Co-founder Anand Rajaraman in New York earlier this year, and I republished the interview here.
It seems impossible for any search start-up to raise that kind of money when there’s already a Google, but Kosmix isn’t a direct competitor with the search giant. Instead of producing results for a highly specific search, Kosmix organizes videos (powered by Truveo), audio, and articles on a magazine-style page for users with a more general topic in mind.
“If you know exactly what you’re looking for, if you’re looking to find some information, you should go to a search engine. If you kind of want to explore more broadly, you should go to Kosmix,” Rajaraman says in the segment.
—Kelsey Blodget, Associate Producer