Enterprise Search Provider Coveo Adds $8.2 Million In Funding
The company plans to use the extra capital to expand aggressively: it intends to hire an additional 60 employees over the next two years, nearly doubling its current workforce (80+ people around the world).
Coveo markets enterprise search technology and information access solutions for hundreds of companies across the globe, including Deloitte, ESPN, Lockheed Martin, P&G, PricewaterhouseCoopers, Rabobank and the U.S. Navy.
Coveo, founded in 2005, is managed by a bunch of former Taleo and Copernic executives. Counting this second round, the startup has raised $10.7 million to date.