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Exalead, Inc.

Product Name

Baagz

Market Segment

Consumer Software and Services

Funding

Exalead most recently received $15.6 million in funding from Qualis SCA. As a result of this funding, Qualis, a long-time investor in Exalead, became its majority shareholder.

Competitors

No direct competitors. Indirect competitors include netvibes.com and del.icio.us.

Product Description

Baagz is a Next Generation search engine that adapts to you for all online activities, allowing you to search, contribute and interact with people easily. It provides a unified way to search for everything online, navigate simply and effectively by serendipity™, personalize the user interface and search behavior, and create and share with others.

Market Opportunity

According to IDC, the search and discovery market grew 38.5% in 2005 and did not abate in 2006. Coupled with their prediction that by 2010, 400 million new users will come online, it is clear that there is an opportunity for dynamic, alternative search solutions to emerge.

Demo Says

Exalead’s Baagz product gives us another interesting take on search visualization, combined with an intuitive content organization system. From its highly interactive search drawn from every aspect of a user’s system to an engaging environment in which to save all manner of results, Exalead has developed a product that recognizes the needs of the Web 2.0-driven, community-engaged user. This is a competitive market sector, to be sure, but Exalead’s experience in enterprise search and philosophy towards visualization and presentation make the company one to watch in the months ahead.