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8.28.2006
SAN FRANCISCO, August 28 /PRNewswire/ -- Groxis, a leader in search visualization and discovery and developer of the Grokker Enterprise Search Management platform, today announced that it has completed a Series B Preferred round of institutional funding. The company raised $4 million to fund the company's marketing, alliance development and sales efforts in the enterprise search market. Leading the round were Draper Fisher Jurvetson, a previous investor, and Jackson Boulevard Capital Management, a new investor.
"Groxis is beginning to gain significant traction with large, knowledge–intensive organizations as well as channels to them," said Brian Chadbourne, chief executive officer of the company. "The money will allow us to accelerate our business development efforts in our target sectors–life sciences, information technology and financial services—and enhance partnerships with channels to these sectors. Our relationships with industry leaders such as FAST and online publishers such as EBSCO are opening opportunities to enable knowledge workers to more efficiently find and discover information in their online search and research."
About Groxis
Groxis is a pioneer in visual search technology and the creator of the patented Graphical Information Interface (GII). Groxis develops and markets Grokker(TM), an enterprise search management platform based on the GII. Corporations, universities, and content publishers are using Grokker to improve the way people explore, organize, and share digital information. Grokker ties together corporate databases, subscription content, and search engines in a visual user interface that yields increased productivity through more efficient research and collaboration. A privately held company backed by leading venture investors, Groxis is based in San Francisco's financial district.
For more information, please contact:
Karmina Newell
Groxis, Inc.
415-398-0820 ext.112
www.grokker.com.
SOURCE Groxis, Inc.
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