Semantic web search lives: Semantinet got $1.7 Million from Giza and Vardi to prove it

SemantiNet, a semantic search technology startup based in Israel, raised a round of $1.7 million led by Giza Venture Capital. Israeli angel and internet guru Yossi Vardi is listed among Semantinet’s previous investors along with Sir Ronald Cohen (founder of Apax Partners), Robert Imershein, Moudi Ben-Shachand and Jeff Pulver.  There’s not much known about Semantinet’s technology. A blog post reports that the company development is …

Yahoo! opens R&D center in Israel, inks deal with Walla!

Following Microsoft and Google, Yahoo! (Nasdaq:YHOO) is officially coming to Israel – with a bang. The search engine’s penetration plan has two fronts: opening an R&D center in Haifa and entering the content business through an agreement with Walla! (TASE:WALA), the second largest Israeli portal: offering news & entertainment content, email services and search, making …

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