| Website | answers.com |
| Category | Web |
| Employees |
| Total | $45.4M |
| Angel Yossi Vardi | |
| Series A, 1/99 Mort Meyerson Mark Tebbe | $300k |
| Series B, 4/99 Ron Conway Bob Lessin John Sculley Jon Medved | $1.36M |
| Series C, 9/99 Dawntreader Ventures Garage Technology Ventures Israel Seed Partners | $2.75M |
| Series D, 5/00 Flatiron Partners Goldman Sachs Highland Capital Partners | $28M |
| Debt, 6/08 Redpoint Ventures | $13M |
Answers Corporation (previously GuruNet) owns and operates Answers.com and WikiAnswers. Answers.com is an advertising supported information reference site aiming to be the internet’s “one stop shop” for information. It covers over 4 million topics from over 180 dictionaries and encyclopedias. WikiAnswers, previously known as FAQ Farm, was acquired by Answers Corporation in November 2006. It’s similar in concept to Yahoo Answers, but unlike Yahoo Answers, WikiAnswers is in the form of a wiki. This allows users to change and hopefully improve old answers.
In July of 2007, Answers Corporation announced the intent to purchase Dictionary.com’s parent company, Lexico Publishing, for $100 million in cash. Lexico also owns Thesaurus.com and Reference.com. As of November 2007, the deal had not officially been closed.
In June 2008, Answer agreed to the private placement of up to $13 million of convertible preferred stock and warrants to Redpoint Ventures.
