Powerset
Company

Last deal

$8M

Amount

Debt Financing

Stage

01.01.2007

Date

2

all rounds

$20.5M

Total amount

General

About Company
Powerset developed a search engine using natural language processing (NLP).

Industry

Sector :

Subsector :

Keywords :

founded date

01.09.2005

Number of employees

Company Type

For Profit

Last funding type

Debt Financing

IPO status

Private

Description

Powerset's search engine utilizes NLP to analyze the structure of language, allowing users to search articles on Wikipedia using keywords or questions. The search results include relevant images, tags, and summaries. Users can click on an article and view it alongside a side box containing related "factz" that provide brief facts about the topic. Powerset had two funding rounds, raising $20.5 million, before being acquired by Microsoft in 2008 for a reported $100 million. The technology was integrated into Bing, Microsoft's own search engine.
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