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Lingotek,translation solution provider, gets $1.6M in series A-2

Lingotek, provider of meaning-based translation solutions, today announced it has secured $1.6 million in Series A-2 financing. Lingotek has developed a Web 2.0 service called the Language Search Engine to dramatically improve the translation process.

It is essentially a Google-like tool that runs in a web browser searching multilingual content. It differs from an internet search engine in two ways. First. it does meaning based searches instead of concordant searches like Google. If finds the same words with the same meaning in the same context in any language in the world. Second. it searches and indexes multilingual content stored on Lingotek servers from the community of translators around the world. It doesn’t search web pages like an internet search engine, but only indexes the world’s translated content.

The Language Search Engine searches translated content for human translators like an Internet search engine searches the Internet. It helps translators find the same words with the same meaning in the same context in any language in the world. Their software runs in a web browser and helps human translators translate faster, better and cheaper.

Tim Hunt is the founder and CEO of LingoTek. Prior to founding Lingotek, Tim was a scripture translation supervisor for the LDS Church where he was responsible for 85 of the 105 scriptures the Church has produced. While working for the Church he spent 3 months out of every year in dozens of countries worldwide.

The company received $1.7M Venture Capital funding (A-1 round) in March 2006. The current A-2 round was led by Canopy Ventures, of Lindon, Utah contributing $1 million. Previous investors including Flywheel Ventures also participated in the A-2 round.

Canopy Ventures is an early-stage venture capital firm targeting information technology companies in the western United States. Its primary areas of focus include enterprise software, IP video technologies, networking and communications, security software, WI-FI broadcasting, IT hosting and software as a service.


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March 5th, 2007 Posted by Sunny Kalara | Startup, Search Engine | no comments

Google Adsense : Biggest Moneymakers

I wouldn’t say that Google Adsense revolutionized the web content business, but it has been “pennies from heaven” for content sites.

Just to get an idea of the scale of the money from the AdSense, here are the biggest earners (the numbers are mostly from 2005-6)

(i) PlentyOfFish.com: Adsense earnings, $300,000 per month. Its a free dating website. Here is a picture of the check from adsense.

About three months worth of Adsense rev. in canadian dollars. It is especially interesting because in August 2003, the site was making about $40/day from 1200 visitors.

Toni pointed out that plenty of fish claims seem bogus, or as she put it, the claims are fishy. It doesn’t even come up as top site under Google SERP.

(ii) Digg.com : Adsense earnings - $250,000 per month. No surprise here.

(iii) ShoeMoney.com: Adsense earnings - $150,000 per month.

(iv) Weblogs, Inc (Engadget.com and other websites): Adsense earning $120,000 per month.

(v) Freeweblayouts.net : Adsense earning $100,000 per month.

There are several other sites that make $50k per month from the adsense earning (podcastdirectory, askthebuilder.com, etc)

The rule of thumb seems to be $0.02 earning per page view.

I really would have preferred for the content providers to be compensated by micro payments and I am still hopeful that Google will lead the way in implementing it.


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February 27th, 2007 Posted by Sunny Kalara | Search Engine | 2 comments

Spock, the People Search Engine Closes $7 Million in Series A Funding

Spock, a people search engine started out with $1M investment from Clearstone. It offers an ambitious people search engine with 100M entries (compare that to LinkedIn with about 10M and ZoomInfo with about 30M) and a million more being added everyday.

Spck will beam down and create a mindmelt sometime in middle of 2007 and by then it is expected to have “tens of billions of data records”. A powerful and well executed search results will set them apart.

Spock closed $7M series A funding from Clearstone Venture Partners and Opus Capital Ventures. Via Venturebeat


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January 5th, 2007 Posted by Sunny Kalara | Startup, Search Engine | no comments