Mountain View-Based Kosmix Raises $10 Million in Funding

Mountain View, Calif. -- Kosmix, a Mountain View-based developer of search engine technology, said that it has landed $10 million in a new round of funding from new investor DAG Ventures and previous investors Accel and Lightspeed. The company said that it will use the funds to accelerate its growth. Kosmix's health consumer site, www.righthealth.com, now receives over 3.9 million unique visitors a month according to Quantcast, and its newly released consumer auto site, www.rightautos.com, attracts more than 2 million unique visitors a month. The company said that its goal is to eventually create a "start page for every topic on the web." Kosmix said that its algorithm-based categorization engine has been in development for three years.
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