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Boston-based Spark Capital and Waltham-based Commonwealth Capital Ventures have re-invested in real-time search software maker OneRiot Inc. to the tune of $7 million in a Series C funding, the Boulder, Colo.-based company announced late Thursday.
The inside round brought OneRiot’s total funding over $27 million, according to the website PEHub. The company, founded as Me.dium with a social search technology, makes a real-time search engine. Business partners include Google competitors Yahoo and Microsoft, who recently released a version of Microsoft’s browser, Internet Explorer, bundled with the company’s search engine.
Denver-based Appian Ventures returned to invest in the company. OneRiot has also received angel investment from PayPal founder Elon Musk and Foundry Group partner Brad Feld, the website Techrockies.com reported.
Spark general partner Sandro Politi has called OneRiot an example of the firm’s seed-stage investing strategy, which it formalized earlier this year in a program called Start@Spark.
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