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ACQUIRED COMPANY
 
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Qwiki  Acquired by Yahoo! (2013 $ 50,000,000)

113 Spring Street 3rd Floor
New York, NY 10003
USA
Website Company Summary Management Team
Management

CEO: Douglas Imbruce (7/31/2009)
President/COO/Operations: Michael Szewczyk
Former Employees: Louis Monier
Board

Company

Business description: Qwiki's goal is to forever improve the way people experience information. Whether you’re planning a vacation on the web, evaluating restaurants on your phone, or helping with homework in front of the family AppleTV, Qwiki is working to deliver information in a format that's quintessentially human – via storytelling instead of search. We are the first to turn information into an experience. We believe that just because data is stored by machines doesn’t mean it should be presented as a machine-readable list. Let's try harder. Think of asking your favorite teacher about Leonardo Da Vinci, or your most well-traveled friend about Buenos Aires: this is the experience Qwiki will eventually deliver, on demand, wherever you are in the world… on whatever device you’re using. We've all seen science fiction films (or read novels) where computers are able to collect data on behalf of humans, and present the most important details. This is our goal at Qwiki – to advance information technology to the point it acts human. Currently, Qwiki's technology has been applied to describe millions of popular topics - but soon we'll do much more. Our team needs your help in reaching our goal: join our private alpha now to help test Qwiki and shape the future.
Capital

Rounds: 2
Recent Fundings: Apr 2011
Capital raised: 10.5M
Last Round: 9.0M
Ownership: Acquired by Yahoo! (2013 $ 50,000,000)
VCs include: Tugboat VenturesYouniversity Ventures;  Contour Venture Partners;  Lerer Media Ventures

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Overview
Record updated: Jun 2013
Sector: Internet
Year Founded: 2009
Headcount: 51-75 as of Mar 2011
Rounds: 2
Recent Fundings: Apr 2011
Capital Raised: 10.5M
Last Round: 9.0M
Ownership: Acquired by Yahoo! (2013 $ 50,000,000)