Whole Network Most Recent TOP10 Entrepreneurship Events Technology Venture Capital

 

Truveo exits for $50 million

Filed in archive Venture Capital by tj on January 11, 2006

BlogPicture
Apparently video search specialist Truveo has managed to exit for a nice sum of $50 million. SiliconBeat has the scoop:

"Wow, you can launch a start-up these days, and in two years sell it for a pretty nifty sum.

Truveo, the Burlingame start-up that was launched in January 2004, has been sold to AOL. We've heard from a pretty good source that it was $50 million.

Looks like they came up with some new technology, which collects so-called "metadata' for video files. This makes it easier for users to search for such files (see snippet below from Truveo's site). The technology might be their differentiation, and probably explains their success. So this will break open the debate: Is the sale amount evidence of bubble, or a just a premium price paid for Good Technologylinks?"


Advertisement


Permalink: Truveo exits for $50 million
Tags: video  search  million  truveo  technology  exits+million  truveo+exits  venture+capital 

Trackback: http://www.creative-weblogging.com/cgi-bin/mt-tb.pl/13665



Advertisement


Advertisement


CW ToolbarInstall
RSSrss   | See all blog subscribe options
Googlegoogle   |   What is RSS?
Yahoo!yahoo
AddthisAddThis Feed Button
BloglinesBloglines
Newsletter
Advertisement - Book yours here.

Use our search feature to look for other interesting posts

Just this blog Whole network
Advertisement -
Book yours here..


 
Advertisement
Book yours here.



  • Testimonials

  • 'After visiting your site, I feel that your articles are very enriching and aspiring, and I learnt a lot after reading your articles on entrepreneurship...'

    Asia, Singapore

    'I really look forward to reading content from your site. You really do a great job of keeping yourself and (your readers like myself) ahead of the pack.' Asia, India

    '...very inspiring! Really like your site!' Europe, Netherlands

    'BTW I m addicted to your website :)' Europe, France

  • Other blogs in the same channel in the Creative Weblogging Network

Advertisement -
Book yours here..






Advertisement - Book yours here..
 
Tagcloud: Creative Weblogging Entrepreneurship Events Global Economy Jobs Politics Sponsored Post Technology Venture Capital