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Article: MondoSoft, Web Site Search Expert Receives 7.5M USD Investor Funding.
- Article from:
- PR Newswire
- Article date:
- October 25, 1999
CopyrightCOPYRIGHT 1999 PR Newswire Association, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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COPENHAGEN, Denmark, and NEW YORK, Oct. 25 /PRNewswire/ -- Mondosoft -- creator of the MondoSearch search engine technology -- today announced that it has secured 7.5M USD investor funding. The investors are a group of international venture capital funds, among these are Gilde IT Fund (Netherlands), Vertex (Singapore), Danish Venture Finance (Denmark) and Municipal Employee Insurance Company (Denmark).
This investment represents the second significant funding of Mondosoft within 12 months, expressing the investors' belief in the market potential of the MondoSearch search engine technology. MondoSearch has been praised by industry analysts and first-tier ...