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Thursday, March 31, 2011
Disrupt Winner Qwiki Raises, Like, $1 Million From Groupon Co-Founders
TechCrunch Disrupt winner Qwiki is on a roll. The visual search startup raised $8 million earlier this year from a number of well-knowninvestors including early Facebook co-founder Eduardo Saverin. And today, the startup is announcing that it has received $1 million in new funding from Lightbank, the investment fund of Groupon co-founders Brad Keywell and Eric Lefkofsky. This brings the company's total amount raised to $10.5 million. What makes Qwiki so compelling is its ability to generate media on the fly that combines text, audio, and animated photos. It presents information in a highly visual way, assembling photos and spoken text from Wikipedia and other sources to create visual guides to millions of topics.
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