Kosmix, "Your Guide to the Web," Gets $20 Million, Launches Beta

Armed with an additional $20 million in funding, Kosmix is looking to expand its vision of how best to provide people a map to the World Wide Web. No, Kosmix is not trying to take on Google, though its founders do hope they’re pointing the way to what’s beyond mere search. The 65-person company, which now has raised a total of $55 million from Accel Partners, Lightspeed Venture Partners, Dag Ventures, and private investors such as Amazon.com CEO Jeff Bezos, former Motorola CEO Ed Zander, and Legg Mason fund manager Bill Miller, is more like a combination of feed aggregator NetVibes (but not just for material with feeds), Demand Media’s niche topic sites (but done with algorithms rather than people), and Yahoo’s portal (but more personalized).

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