Search Startup Cuill Raises $25 Million

Cuill, a Menlo Park, Calif.-based search startup, has raised $25 million in second-round funding. Madrone Capital Partners led the round, and follows an $8 million Series A round from Tugboat Ventures and Greylock Partners.

PRESS RELEASE

Cuill, a stealth start-up with a new approach to search, announced today that the company has secured a second round of equity financing of $25 million, led by Madrone Capital Partners. The Series B investment follows a previous $8 million funding round from Tugboat Ventures and Greylock Partners.

“We are pleased with the confidence of our investors,” said Chief Executive Officer and co-founder Tom Costello. “Our team is using breakthroughs in search architecture and technological advances to create a new paradigm in search, and we now have the resources to reach the next level in pure search.”

Cuill has assembled a premier team of search experts from Google, IBM, eBay, Alta Vista, Xerox PARC, the Internet Archive and Stanford University. These highly respected search veterans have a proven track record in the search industry and are focused on creating the next generation of search.

“We are thrilled to receive additional funding,” said Anna Patterson, President and co-founder. “I'm very proud of the experienced team we have recruited and the board we have assembled. Our goal is to offer a dramatically improved search experience and we look forward to sharing Cuill with everyone on the Web.” 

About Cuill

Cuill is a technology start-up pioneering a new approach to search. The team is leveraging their own expertise in search architecture, relevance methods and data analysis to provide users with a better search experience. The company is located on a quiet street in Menlo Park, Calif. For more information, visit http://www.cuill.com.