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Today Kosmix is announcing a $10 million investment led by new investor DAG Ventures with additional participation from current investors, Accel and Lightspeed. They note that the funding will be used to accelerate growth in the marketplace.
Kosmix has two main sites, RightHealth and RightAutos. Hitwise notes 3.9 million monthly visitors to RightHealth and just under 2 million to RightAutos per month. Kosmix claims that RightAutos is one of the most popular auto sites online. Have you ever used either of these sites? I’ve never heard of them.
From the company, "The core of Kosmix’s technology is a sophisticated algorithm-based categorization engine that has been in development for three years. The technology combs billions of Web pages and structured data points to aggregate, categorize, and return the most targeted content to users. By generating every page algorithmically, Kosmix automatically creates rich and relevant home pages for any topic and scales seamlessly as the Web grows. "