Skip to main content

Qwiki Bags $8 Million In Funding Round

New interactive search engine Qwiki has raised $8 million in a new round of funding.

Led by Facebook co-founder Eduardo Saverin, Qwiki managed to raise $8 million in funding. Saverin was accompanied by YouTube co-founder Jawed Karim and Juniper co-founder Pradeep Sidhu in investing in the start-up.

“Qwiki is a revolutionary new platform that will define the future of information consumption globally. I'm particularly excited to support the Qwiki team as their initial product gains momentum. It is always thrilling to be involved in the early stages of disruptive technology,” Saverin said in a statement.

Founded by Doug Imbruce and Altavista founder Dr. Louis Monier, Qwiki looks to change the way people perform searches on the Internet. The platform has been designed to improve the way people conduct web searches by delivering information in a more interactive, human-like manner.

Qwiki is still in private alpha, but is planning to open up now that the funding round has closed, Tech Crunch reports. The company is also planning to launch an iPad app in the near future.