Real-Time Search: VC Money is Coming in

OneRiot, a real-time search engine, announced a $7M financing round on Thursday. Launched in November 2008, OneRiot is trying to organize the real-time Web around shared links in social media. According to Techcrunch, the money “will be used to improve three key area of the service: Speed, scale and relevance”. Appian Ventures, Commonwealth Capital Ventures, and Spark Capital put the money in.

What it means: you know a space is heating up when VC money starts coming in. Yet another sign that this is a fundamental shift in the way people will discover content in the near-future.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s