Sequoia-Backed Searchme Launches With $25 Million

This story was written by Joseph Weisenthal.
VC firm Sequoia Capital is heavily backing a new search engine dubbed Searchme, to the tune of $25 million, reports Kara at AllThingsD. The site has been incubating at Sequoia for about three years, although there are other investors as well (unidentified in the report.) Searchme will offer a way to scan search queries visuallyso instead of getting a list of links, users will see various screenshots in a manner that closely resembles the way album covers are displayed on the iPhone. The company is helmed by entrepreneur Randy Adams, who was previously CEO of AuctionDrop, as well as a number of other companies, with Sequoia's Mark Kvamme as chairman. The site is still in private beta.

ATD: "We are no Google (NSDQ: GOOG), of course, but we are trying something different to provide a new experience for searchusers," said Adams. "Most of all, we are trying to innovate in search, which is still largely a text and list experience." Adams has a point about the lack of innovation in search over the last several years by leader Google, which continues to grow its market share anyway. 


By Joseph Weisenthal

Popular

Comments

CBSN Live

pop-out
Live Video

Market Data

Watch CBSN Live

Watch CBS News anytime, anywhere with the new 24/7 digital news network. Stream CBSN live or on demand for FREE on your TV, computer, tablet, or smartphone.

Watch Now

Market News

Stock Watchlist

New Android App

For your Android phone and tablet, download the FREE redesigned app, featuring CBSN, live 24/7 news.

Download