Search tools company raises cash

TextDigger, raises $4.3 million from True Ventures, Intel Capital, and CBS

Textdigger, which develops technology and tools to improve search, has raised $4.3 million in Series A-1 funding today.  The funding was led by True Ventures, and joined by Intel Capital and CBS Interactive.

As a startup based in San Jose, CA, TextDigger has been developing tools, which make Web pages easier to find using today’s search engines.  Their tools automatically search, tag, generate topics and create keywords.  These products in the end make pages more findable for internal and external search engines like Google or Yahoo.

How can TextDigger’s services help a website?  Simply, it makes your page have a better chance of showing up on a Google search due to the fact that its now been ‘enhanced’ by TextDigger.  Why would it be worth it?  According to TextDigger, “The result is increased revenue from higher inbound traffic and longer sessions.”

TextDigger was founded in 2007 by a group of former CNET employees who developed linguistic technologies for CNET.  Their first round of capital totaled $3.8 million.

(Watch for Bambi Francisco's interview with Textdigger CEO Tim Musgrove, coming soon)