Thursday, March 11, 2010
Radar Networks Acquired By Evri
San Francisco-based Radar Networks, a developer of semantic search software, has been acquired by Seattle startup Evri. Financial terms of the deal were not announced. Radar was venture backed by Draper Fisher Jurvetson, Leapfrog Ventures, Velocity Interactive, and Vulcan Capital, and had raised around $18M in funding. Evri said the acquisition would give it an experience development team in the semantic search space.