Stealth Update - Is Cuill still Cool?
Cuill, a stealth start-up with a new approach to search, recently announced that the company has secured a second round of equity financing of $25 million, led by Madrone Capital Partners. The Series B investment follows a previous $8 million funding round from Tugboat Ventures and Greylock Partners.
“We are pleased with the confidence of our investors,” said Chief Executive Officer and co-founder Tom Costello. “Our team is using breakthroughs in search architecture and technological advances to create a new paradigm in search, and we now have the resources to reach the next level in pure search.”
“We are thrilled to receive additional funding,” said Anna Patterson, President and co-founder. “I’m very proud of the experienced team we have recruited and the board we have assembled. Our goal is to offer a dramatically improved search experience and we look forward to sharing Cuill with everyone on the Web.” The team is leveraging their own expertise in search architecture, relevance methods and data analysis to provide users with a better search experience.
