NetBase Solutions Receives $9,000,000 Series C Funding Round

  • Feed Type
  • Date
    3/2/2010
  • Company Name
    NetBase Solutions
  • Mailing Address
    2087 Landings Drive Mountain View, CA 94043
  • Company Description
    We are the insight discovery company. Founded by innovators Jonathan Spier and Michael Osofsky, NetBase develops and markets a next-generation semantic technology that reads and understands the English language. This technology is the basis for solutions that help our users answer complex questions faster, more accurately, and with greater confidence.
  • Website
    http://www.netbase.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $9,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    The funds will be used to execute a growth plan across the organization including building out sales, marketing, business development and product management functions, as well as further expanding its hosted cloud operations.
  • M&A Terms
  • Venture Investor
    Altos Ventures
  • Venture Investor
    Thomvest Ventures