Following the visit of Jeff Pulver to Israel

One more Israeli startup - SemantiNet announced that it has secured $3.4 million in first round funding. Founded in 2006, SemantiNet plans to launch its first product later this month, which it says will

"combine leading-edge semantic web technology with crowd-sourcing, state-of-the-art cross-platform multimedia and integrated browser functionality."

Investors are: Giza Venture Capital and Angels - Sir Ronald Cohen, Dr. Joseph Vardi and Jeff Pulver.

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