29 Sep '11, 3pm

Russian Search Engine Yandex Leads $30 Million Investment In Blekko

Russian Search Engine Yandex Leads $30 Million Investment In Blekko

Blekko is the either the fourth US search engine or the third if you no longer consider Yahoo a search engine. And the company has been able to maintain visibility and stir the pot with its persistent criticism of Google search results being spam-filled. Now Blekko has secured $30 million in new funding from a range of earlier investors and new investors. Most notable among the second group is Russian search engine Yandex. The Russian search engine is making a strategic investment in Blekko and Yandex CEO Arkady Volozh will join the blekko board. Yandex operates in its native Russia, Ukraine, Kazakhstan, Belarus, Turkey and has a presence in Palo Alto, where its Yandex Labs is based. I spoke earlier this week to Blekko CEO Rich Skrenta who said that Yandex will help his company in a number of ways beyond the funding, including providing some technology infrastructure suppo...

Full article: http://searchengineland.com/russian-search-engine-yandex-...

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