Search engine Blekko hauls in $15M Russian investment

The country's largest search engine, Yandex, is part of a $30 million funding round

Russia's biggest search engine, Yandex, has invested US$15 million in U.S. search startup Blekko, as part of $30 million funding round.

The Russian search engine acquired a minority interest in Blekko and CEO Arkady Volozh will join the board of directors. Yandex is Russia's leading search engine and most visited website.

The other $15 million in the round came from Australian investor MLC Private Equity and CMEA Capital, PivotNorth Capital and US Venture partners.

Yandex invested in Blekko because the company is interested in its search algorithms. “We love Blekko and think it’s a great product – a quality search engine that organically combines search algorithms with expert opinions. We believe the outlook for this approach is strong and that the Blekko team is poised to make it a success,” Volozh said.

Blekko was founded in 2007 and its search engine was launched in November 2010. Blekko lets users create their own search engine that provides results about a specific topic. This so-called vertical search engine aims to do that by drilling down into Web content using what the company calls "slashtags" -- subject-specific search terms that are put at the end of searches preceded by a slash "/". Using this system Blekko wants to cut out spam sites and help searchers find what they are looking for faster.

Join the newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection

Tags business issuesBlekkoinvestmentsinternetsearch enginesYandex

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Loek Essers

IDG News Service
Show Comments

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

David Coyle

Brother PocketJet PJ-773 A4 Portable Thermal Printer

I rate the printer as a 5 out of 5 stars as it has been able to fit seamlessly into my busy and mobile lifestyle.

Kurt Hegetschweiler

Brother PocketJet PJ-773 A4 Portable Thermal Printer

It’s perfect for mobile workers. Just take it out — it’s small enough to sit anywhere — turn it on, load a sheet of paper, and start printing.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?