Powerset (company)

Powerset (company)

A company that created an internet search engine. It was started in 2005 and acquired by Microsoft in 2008.

Powerset was a California-based company with technology to conduct searches on the internet using natural language processing (NLP). The technology was able to consider the semantic meaning behind keyword searches, not just the keywords themselves. It was focused on the structure of language so that users would get more relevant search results when using the product.

Product

Powerset was used to search articles using NLP on Wikipedia. Upon entering the keywords or question in the search engine box, users would be presented with relevant images, tags, and summaries.They could click on an article, which they would then view along with a side box containing "factz". The "factz" were brief facts that were related to the topic and users were also able to click on those in order to be taken to an article that was related to the previous one.

Funding and Acquisition

The company had two funding rounds, raising a total of $20.5 million. In 2008, Microsoft acquired Powerset for a reported $100 million. The technology was then integrated into Bing, Microsoft's own search engine.

Timeline

June 1, 2007

Powerset raises a $12,500,000 series A round from Bezos Expeditions, Scott Banister, Reid Hoffman, Foundation Capital and Founders Fund.

Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
2 Results
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People

Name
Role
LinkedIn

Abhay Kumar

Employee

Alex Le

Employee

Alexander Lloyd

Investor

Allan Schiffman

Investor

Anthony W. Richardson

Advisor

Aydin Senkut

Investor

Barney Pell

Founder

Bennett Thuener

Employee

Bill Trenchard

Investor

Bob Lannon

Employee

Chris Van Pelt

Employee

Dave Fayram

Employee

Dr. Hossein Eslambolchi

Investor

Eric Tilenius

Investor

Franco Salvetti

Employee

Geoff Ralston

Investor

H. Paul Hammann

Employee

Jeff Shrager

Employee

Jeremy Verba

Investor

Jim Reinhold

Employee

Jonathan Siddharth

Employee

Karo Moilanen

Employee

Kevin Clark

Employee

Lara Druyan

Investor

Lorenzo Thione

Founder

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Further reading

Title
Author
Link
Type
Date

Bing finds meaning in Powerset

Cade Metz

Web

July 1, 2009

Powerset shows semantic search solution

Paul Miller

Web

May 12, 2008

Documentaries, videos and podcasts

Title
Date
Link

Companies

Company
CEO
Location
Products/Services

References

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