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Article: Trident Capital Leads $3.75 Million Series A Round for Sphere; Trident Adds New Blog-Search Company to its Portfolio; Venetia Kontogouris Joins Sphere's Board.
- Article from:
- Business Wire
- Article date:
- May 2, 2006
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PALO ALTO, Calif. -- Trident Capital, a national venture capital firm focusing on information technology, today announced that it led the Series A round of investment for the new blog search company, Sphere. Sphere raised a total of $3.75 million in this round and plans to use the funds to scale its technology and business to meet the strong early demand for its next-generation blog search engine.
Venetia Kontogouris, managing director at Trident, has joined the Sphere board of directors. Kontogouris commented, "Sphere is redefining blog searching to make this new communication medium more valuable for everyone. With over 30 million blogs online, it can be ...