Radar Networks receives more funds for Twine?

Radar Networks receives more funds for Twine?

Summary: VentureBeat reports that Radar Networks has received a further tranche of funding.

TOPICS: Networking

Chris Morrison reports on VentureBeat that Semantic Web company Radar Networks has received a fresh round of investment, probably in the order of $15-20 Million. This is less than the $42.5 Million to Metaweb that I mentioned in my last post, but the detail of how much control each company has had to surrender to their respective investors remain unclear.

Radar Networks is best known for their Twine application, which launched at O'Reilly's Web 2.0 Summit last November. Twine remains in closed beta at the time of writing.

Disclosure: Radar Networks CEO, Nova Spivack, is a member of my employers' Platform Advisory Group.

Topic: Networking

Paul Miller

About Paul Miller

Paul Miller provides consultancy and analysis services at the interface between the worlds of Cloud Computing and the Semantic Web.

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