Evri Announces Acquisition of
Twine, Relaunches Consumer Site
SEATTLE and SAN FRANCISCO, March 11, 2010
- Evri (www.evri.com), the
search and discovery engine that filters the real-time web for news
and conversations that matter and distills them into intelligent
information streams, announced today the acquisition of Radar
Networks including it’s flagship property, Twine.com. The
acquisition of Twine.com, which gives users a smarter way to share,
organize and find information with people they trust, brings
together the two key players in the semantic web space and creates
the industry’s most comprehensive consumer semantic search &
discovery company.
“Evri’s and Radar Network’s combined talent and complementary
technologies bring the industry closer to delivering on the promise
of a truly intelligent, timely and intuitive way of finding the news
and content that matters most to people,” said Evri CEO Will
Hunsinger. “With this acquisition, Evri takes a significant leap
forward toward delivering on the consumer promise of semantic search
technologies – more meaningful, relevant results filtered from the
ever-growing and increasingly cluttered fire hose of content on the
web.”
With Twine, Evri gains an experienced development team with proven
momentum in semantic search and content discovery, accelerating its
ability to help people discover relevant news and information before
they even know to ask for it.
“Twine was developed to provide consumers with a smarter way to keep
up with their interests, powered by the Semantic Web,” said Radar
Networks CEO Nova Spivack. “I am confident that Evri’s strategic
direction and approach will carry Twine’s vision forward.”
This acquisition falls in tandem with a re-launch of
www.evri.com, incorporating a
number of visual and technological updates designed to enhance the
experience of discovery. With the introduction of a redesigned
global navigation model and more intuitive ways to search, explore
and filter the trending news and multi-media content of the web,
Evri enables consumers to cut through the clutter and receive only
content of interest to them.
“At Evri, we’re striving to deliver a search engine that proactively
discovers the most interesting, popular and trending stories on the
web, filtering out the clutter and delivering information to
consumers in timely, relevant and intelligent streams,” said Mr.
Hunsinger. “With the acquisition of Twine and the launch of our new
consumer site, we’re making good on the intuitive discovery
experience we envision for the Web.”
Updates and advancements will continue at
www.evri.com throughout
the spring and summer, including personalization features, social
filtering, story clustering, enhanced popularity ranking and trend
detection and advanced sentiment analysis.
Mr. Spivack will continue to be affiliated with Evri in an advisory
capacity and the Radar Networks team will consolidate to Evri’s San
Francisco offices.
ABOUT EVRI
Evri (www.evri.com) automates how
content is understood, filtered and shared, inviting consumers to
participate in the conversations that matter most to them. With over
2.5 million real-time topical streams across thousands of
categories, Evri is rapidly improving consumers’ access to
information on the topics they value most. Publishers large and
small have installed Evri applications on their Websites, including
some of the world’s most prestigious news organizations like Hearst
Entertainment and the Times of London. Evri is based in Seattle, WA,
and is funded by Paul Allen’s Vulcan Capital. Evri is a trademark of
Evri.com.
ABOUT RADAR NETWORKS
Radar Networks is the company behind Twine, a new service
for intelligently sharing, organizing, and finding information with
people you trust. Radar Networks was founded in 2003 by Web
visionary Nova Spivack, who co-founded numerous ventures including
EarthWeb and Dice.com. Nova also advises clients, angel invests
(most recently in Klout.com and Live Matrix), and develops in his
own new ventures through his intellectual property company, Lucid
Ventures. Radar Networks is backed by Paul Allen’s Vulcan Capital,
Fuse Capital, and DFJ, as well as leading angel investors, and is
headquartered in San Francisco. For more information on Radar
Networks and Twine, visit
www.twine.com.
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