Thursday, 29 September 2011

Russia's Yandex invests $15M in US search underdog (AP)

SAN FRANCISCO – Blekko, a Silicon Valley startup trying to build a spam-free search engine, is getting some love from Russia.Yandex, the most popular search engine in Russia, is expressing its affinity with a $15 million investment in Blekko and a commitment to share some of its computing power and other technology with its new U.S. partner. Blekko is getting an additional $15 million from another group consisting mostly of its earlier investors — U.S. Venture Partners, CMEA Capital and

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