Wordnik, a San Mateo, CA-based developer of an innovative word navigation system, has raised $8m in its Series C venture capital funding.
This investment brings the total amount raised by the company to date to $12.8m.
The round was led by new investor Lucas Venture Group, with participation from Mohr Davidow Ventures, FLOODGATE, Baseline Ventures, Roger McNamee and additional private investors.
Wordnik intends to use the funds to build out a range of new product and service offerings.
In addition, Bradley Horowitz, Vice President of Product Management for Google, join the company’s board of directors.
Launched in 2008 by Erin McKean and led by CEO Joe Hyrkin, Wordnik is a word navigation system that aims to offer consumers an easy way to gain more meaning and deeper context around words. The technology behind it provides additional access to content and context from a wide range of sources, including dictionaries, users, Twitter and Flickr.
The team comprises experts in search engine architecture, social networking, computational linguistics and lexicography.
FinSMEs
26/07/2011