One search engine dies, another takes a step forward.
This is a hard space to find a niche in, but the money at stake if you succeed is staggering.
Blekko, the stealth search engine we’ve been covering since early 2008, has raised a third round of financing – $11.5 million from USVP and CMEA. That brings the total amount of capital raised to $17.5 million, including a $1 million credit line. Their last round was in March 2008.
We took a look at Blekko in late May. The company wants absolutely no press at all while they continue to bake the product, but we think there is something interesting under the hood. And apparently a few investors agree.