Hakia Semantic Search -- New Investments

clipped from www.phil-butler.com

Hakia’s Next Plateau - Advertising

Hakia Semantic Search logo.

Hakia and Powerset have their sites set on becoming the world’s first semantic or meaning based search engines. Both entities are developing advanced language capability along with artificial intelligence (AI) acting on what is termed “the long tail query.”

hakia.com announced an additional §5 million investment, this brings the total investment in the meaning based search engine to $21 million so far.
Hakia has perhaps the best chance of breaking the semantic search barrier this year and these additional funds are earmarked for developing a semantic advertising platform. Additionally, hakia intends to use the funds to build a European data-center and take search to the next logical step.
Essentially these semantic engines will be able to “understand” user queries more specifically and then be able to return much more relevant results to the end user.
Hakia funding.

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