New mobile search company Veveo vtapping to a phone near you
Rating: v.v.v.v v.v.v.v.v
by Bena Roberts
Veveo Inc has raised USD 14 million for a mobile search online service serving videos, internet content and Wikipedia entries. The USD 14 million is from Norwest Venture Partners, Matrix Partners and North Bridge Venture Partners (source VentureBeat).
What we think?
We are in a bubble aren’t we. From JumpTap and Medio winning USD 22 and USD 30 million (respectively) to Nuance acquiring Tegic, VoiceSignal, Mobile Voice Control and 4Info getting USD 10 million, MCN also got USD 10 million…. Oh, not forgetting Taptu which is “well funded”.
Infact Veveo sounds like a bit of competition for Taptu. But Veveo’s vTap might be launching just a few weeks before Taptu. Both search services are ambitious as a pure mobile king of the internet or a mobile specific search engine for off-portal is new idea but everyone is aiming towards it.
Who will have competitive advantage? Its too early to tell. vTap launches on September 10th and we will check it out.
http://pushingthebarrier.typepad.com/pushing_the_barrier/2007/01/jumptap_and_wpp.html
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