Wavii
Latest round
- Seed
Last raised
- Jul 2010
Total raised
- $2M
Investors
- 3
About Wavii
Wavii, Inc.Wavii, Inc. was focused on developing a unique application that aggregated and summarized content from the internet. The company was acquired by Google Inc. in April 2013 for around USD 30 mn, with the acquisition marking a significant pivot in its business strategy.Wavii's primary offering was an innovative application designed to streamline the overwhelming flow of information available on the web. The app provided users with concise and engaging updates by filtering and condensing news articles, social media posts, and other online content, thus enhancing the user experience in information consumption. Although the service has been discontinued following Wavii's acquisition by Google, the underlying natural language processing technology developed by Wavii remains integral to Google's initiatives, potentially benefiting millions globally.Wavii’s revenue model centered around its subscription-based app, which provided personalized content aggregation for users. Through direct-to-consumer sales, the company generated income by offering tiered pricing plans for enhanced features that catered to different user needs. Revenue streams also included potential partnerships with content providers and advertisers, allowing Wavii to monetize its platform beyond individual subscriptions.Wavii's acquisition by Google in April 2013 for around USD 30 mn has positioned it for future growth through the integration of its natural language processing technology into Google's suite of services. While Wavii’s original application has been discontinued, the underlying technology continues to evolve under Google's stewardship, indicating a strategic focus on enhancing content accessibility and user engagement in forthcoming Google products. Specific plans regarding new products or markets have not been detailed.
Who invested in Wavii
3 investors across 1 round
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Funding rounds
Seed
Jul 1, 2010
Amount
$2M
Investors
Questions about Wavii
Who invested in Wavii?
Wavii has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Wavii raised?
Wavii has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Wavii last raise money?
Wavii's most recent round on record is a Seed, in Jul 2010.
What does Wavii do?
Wavii is a internet company.
Where is Wavii headquartered?
Wavii is headquartered in Seattle, US.
Which VCs invest in companies like Wavii?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at Wavii's stage. Their profiles are linked below.
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