We’ve confirmed the acquisition with multiple sources, although we haven’t been able to nail down the exact price (yet). One source who requested anonymity pegged it at $70 million too, though.
Video search is an unsolved problem. VideoSurf applies hardcore computer vision technology to this problem and finds relevant results beyond what may already be available to text-based search methods. In the demo at TechCrunch50, the startup showed how you might want to search for a scene in the show Entourage. You can drill down to the show, and then are presented with thumbnails of all of the… → Read More