In its second-largest acquisition, Amazon buys the company for $970 million.
The company will expand partner integrations and accelerate development of its search platform.
NEW YORK, Nov. 16, 2010 -- Vizibility Inc. (http://www.vizibility.com) today announces the closing of its over-subscribed seed round. The company, which launched its personal branding service just ten months ago, will use the funds to quickly expand partner integrations and accelerate development of its innovative search platform.
Participating in the round were angel investors from San Francisco, Boston and New York including Race Point Capital Group and Boston Harbor Angels. Other major investors included Zinc Ventures in Calgary, Waterbridge in New York, and HalberdCross, a San Francisco- and Washington, DC-based private equity investment boutique.
"Vizibility is the quintessential 'Google Me' button representing an entirely new, easy and low cost way for businesses and people to manage their online brands," said Christopher Mirabile (http://vizibility.com/christopherm), Managing Director of Race Point Capital Group in Boston.
"It's a set-and-forget approach ensuring that what people see is always up-to-date whenever their SearchMe button is clicked. The company's capital efficient go-to-market strategy of integrating with profile sites is smart and their early traction demonstrates how much Vizibility is resonating with the market. We're very excited to have the chance to partner with James and his team."
The company also announced today that it has been awarded patent 7,831,609 (http://vizibility.com/patents) by the United States Patent & Trademark Office (USPTO). The patent, entitled "System and Method for Searching, Formulating, Distributing and Monitoring Usage of Predefined Internet Search Queries," covers the entire Vizibility service including the creation of PreSearches and distribution as shortened URLs, notifications when PreSearches are used, and monitoring for changes to search results. This patent is the first of several filed. Novak Druce + Quigg LLP serves as Vizibility's strategic intellectual property counsel.
"It is an honor to be awarded the first patent in our growing portfolio of intellectual property, which is a testament to the innovation we're bringing to the market," said James Alexander (http://vizibility.com/james), Vizibility founder and Chief Executive Officer. "Closing our seed round at the same time has made it all the more rewarding. It's a difficult time for early stage companies to be raising capital. In addition to having a strong team and solid execution, we were able to leverage tools like the recently passed 'Small Business Jobs Act of 2010' (H.R. 5297) (http://www.sba.gov/jobsact) which will provide our seed round investors with zero taxes on capital gains from their investment in Vizibility."
While anyone can get a free Vizibility SearchMe button at http://www.vizibility.com, the company delivers its service primarily as an integrated, sticky new feature of social networking sites such as employment sites, professional profile sites and dating sites. Vizibility is currently embedded in services offered by 6FigureJobs, AccountingJobsToday, the Association of Executive Search Consultants (AESC), BragFolio, MyLegal, Reach Personal Branding, RealMatch, RegisteredResume, SalesGravy and videoBIO, with additional partnerships rolling out monthly.
A white-label, API version of Vizibility is expected to be available early in Q1 2011.
About Vizibility Inc.
Vizibility Inc. (http://www.vizibility.com) was founded in 2009 and is headquartered in Manhattan, NY. Vizibility(TM) delivers the world's first SearchMe(TM) button for Google which instantly returns the right results in one click. Vizibility pioneered PreSearch(TM), a proactive strategy where businesses and individuals pre-select the information they want displayed in search results. The company's SearchMe buttons and links can be shared easily and placed anywhere. The popular service is being integrated into professional and personal social networking sites where it adds innovative functionality and creates new revenue streams. Vizibility, Vizibility Meter, PreSearch and SearchMe are trademarks of Vizibility Inc. Pat. 7831609. Other patents pending. Find us in Google at http://vizibility.com/news.