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App Engine Quixey Finds $3.8M

  • GigaOm, Monday, August 29, 2011 12:32 PM
App search engine Quixey has secured $3.8 million in Series A funding from US Venture Partners, WI Harper Group, Web Investment Network along with additional funding from Innovation Endeavors. What sets Quixey apart from the growing pack of app finders? For one, $400,000 in initial seed funding from Eric Schmidt's Innovation Endeavors. Also, "Quixey is trying to stand out by offering what it calls a functional search engine, which takes in more than just a title and description of an app, but pulls in information from blogs, forums, review sites and social networks to better understand what an app actually does," GigaOm explains.

"Then it allows users to enter queries on what they want to do with an app, without having to know the name of a particular app. It pulls up results for apps on various platforms." The money is expected to go towards expansion, including partnering with Web sites, app stores, search engines and carriers.

As GigaOm notes, rival Appsfire recently pulled in $3.6 million, while Chomp, another app recommendation service raised $2 million in March. "This is just another sign that apps are booming, (mobile apps alone are expected to bring in $37 billion by 2015), and it's creating a lot of opportunities," GigaOm adds.

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