OneRiot and Collecta– Husbanding Funds
August 29, 2009
I received an email from a person at OneRiot, a real-time search vendor, yesterday, August 27, 2009. The message focused on OneRiot’s receiving $7.0 in funding. For me, the key point was:
OneRiot’s partners include Yahoo and Microsoft, who recently released a version of Internet Explorer bundled with OneRiot real time search.
You can learn more about OneRiot.com’s services by navigating to the company’s About page.
I was curious about Collecta.com, another contender in the real time search sector. My recollection was that Collecta.com also had received infusions of investment cash. According to TechCrunch, Collecta raised $1.85 million in a series A round. Other competitors in this sector include ITpints, Scoopler, and niche services like Topsy, among others.
My tests of these services indicate that each has strengths and some issues which will be remediated in the future. My question is, “How much magnetic power did the OneRiot tie up with Yahoo and Microsoft have in this recent funding tidal wave?” Comparing outputs of OneRiot and Collecta, I wonder, “What OneRiot will do with its basket of cash?” Neither Yahoo nor Microsoft, in my opinion, have real time search services on a par with the companies I have mentioned. Google, in my opinion, is on the sidelines in this sector as well.
Stephen Arnold, August 31, 2009
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