SearchMe Searching For A Buyer
TechCrunch Jul 24 09We've known that that visual search engine SearchMe has been looking for a new round of financing these last few months. But from what we hear they aren't having a lot of luck closing that financing - something was on the table, our sources say, but fell through. As an alternative strategy, they've approached a number of possible buyers to see if they can close an acquisition of the company or its technology, multiple sources have confirmed. If a buyer can't be found quickly, the site may shut down. The search engine first launched in March 2008, and has raised around $44 million in venture capital. Full story...
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