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Search - Thursday, December 8, 2005

Trovix - Profile

Trovix = C3PO human understanding computing + An HR Hat

HQ: Mountain View, CA

Founded: 2002

Management: Jeff Benrey is CEO & Founder and he was VP of Marketing and BD at iVAST, an enterprise and media technology venture, that raised a lot of money but is no longer in business. He also worked at Silicon Graphics. Earl Rennison is Chairman, CTO & Founder, and he held the same titles at Perspecta, a search and visual user interface technology for organizing large information repositories that was sold to Excite@Home.

Investors: In December 2005, the company emerged from stealth mode with $ $5.25M in Series A from Stanford University, 3i and USVP.

Business Model: Trovix has developed a search platform that attempts to evaluate documents and make decisions on information the same way a person would. The first focus is Trovix Recruit - for companies and recruiters to sort through resumes. The company claims its system can grok:
- Depth, relevance and recency of experience
- How skills relate to actual on the job experience
- Preferred employers and schools
- Career stability and total years of experience

Trovix search is adaptive - it learns how decision-makers rate resumes, and customizes the results to better meet that their requirements. Trovix targets large companies and its first customers including Cisco-Linksys, EMC-VMware, Rambus, TellMe Networks, R2 Technology and IPValue.

Competitors: Yahoo! Resumix, Icarian, Webhire, VCG Software.

Dirt: We like it that Trovix thinks its stuff is so good that it is just starting with resumes and will move on. That's hard to do as you are always looking ahead to the next game rather than feeling that you are in a live or die situation in the staffing sector. We can think of a few companies that might want to buy Trovix if indeed its search engine can be pointed at a number of tasks.