Social Networking - Tuesday, September 16, 2008
Slovenian Blogger's Friend Zemanta Funded
Slovenia and London-based Zementa has raised seed funding from Union Square Ventures along with Eden Ventures and The Accelerator Group. The startup has raised $1.5M to date.
Zemanta makes tools for bloggers such as a spell checker and additional reading suggestions. A blog, an article or a web page is feed it into its system which then recognizes the content and returns suggested images, smart links, keywords and relevant related stories from the Internet.
Union Square Ventures has proven to be fairly adept at finding startups that seem to us to be small stories without business models and yet fairly often those startups end up finding buyers who like their reach. Still, we don't get the business model that Zemanta is chasing.
Zemanta Tour
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