SemantiNet Raises $1.7 Million

semantiweb.jpgSemantic web search startup SemantiNet has raised an initial round of $1.7 million from Giza Venture Capital.

The Tel Aviv, Israel based company is aiming to “make life easy again” by providing semantic web search that allows users “to take advantage of the variety and richness of information and services that exist on the Internet, but in a way that is simple, smart and intuitive,” with the ultimate goal of allowing users to “achieve more while working less.”

SemantiNet was founded in 2006 and includes Yossi Vardi as one of its investors.

(via Globes Online)