– Evri, the provider of a search engine that filters the real-time Web for news
and conversations, announced on Thursday that it has acquired Radar Networks,
the developer of semantic search engine Twine.com.
Financial terms of the
transaction were not disclosed.
Seattle-based Evri counts over 2.5 million
real-time topical streams across thousands of categories, and its service is
used by publishers including Hearst Entertainment and the Times of London.
Founded in 2003, Radar Networks has to date raised at least $24 million in
venture capital, from backers including Vulcan Capital, Fuse Capital and DFJ.