The streets of Silicon Valley are running red this week. The latest startup to pare down is search engine SearchMe, a company with high-profile investors and a warchest of nearly $40 million. Read more here.
Update Still going strong despite the recent layoffs - TechCrunch just reported that SearchMe has added Music Search with unlimited streaming via Imeem widgets. Read the rest here.
Source: VentureBeat, Img: Markpascua.com
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Sucks, they had potential.