Quixey Snags $20 Million in B Round Funding
June 19, 2012
Quixey, who says their cross-platform app search engine is one-of-a-kind, has just raised $20 million in Series B funding bringing total capital raised to $24.2 million, according to TNW Insider’s “Smart App Search Engine Quixey Raises $20m from Eric Schmidt’s VC Firm and Others.” Google Executive Chairman Schmidt’s investment firm Innovation Endeavors was joined by Chinese firm WI Harper Group; US Venture Partners; Atlantic Bridge; SK Planet; and TransLink Capital in supporting the young company.
Quixey has found a potentially profitable search niche—they address the problem of finding, out of millions of existing apps across numerous platforms, the app you need when you need it. Writer Robin Wauters describes the company:
“Quixey says it has invented a ‘new type of search’ that allows users to find mobile, desktop and Web apps ‘that do what they want’ based on natural language-based technology. The Palo Alto, California-based company teams up with phone makers, carriers, browser and online search companies to power app search for them, and encourages app publishers and developers to ‘claim’ their apps.”
Wauters points out that several companies do offer similar services: AppsFire, Apple’s acquisition Chomp, Mimvi and Appolicious, to name a few. Does Quixey offer something special?
Founded in 2009 specifically to fill this niche, Quixey has trademarked the term “Functional Search” to describe their app-finding engine. The company is located in Palo Alto, CA.
Cynthia Murrell, June 19, 2012
Sponsored by PolySpot
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