MOUNTAIN VIEW, Calif., Feb. 8 /PRNewswire/ -- Kosmix (www.kosmix.com) announced today that its industry-leading Kosmix Health Search technology will be made available to users of Healthia, the nation’s first integrated comparison-shopping portal for healthcare products and services. Based on sophisticated, patent-pending algorithms, Kosmix presents a multi-dimensional view of search results that enables consumers to search less, while finding the most useful information on the Web more easily. Kosmix officially launched its Health Search technology this week at the DEMO 2006 Conference in Phoenix.
Kosmix Health Search categorizes Web pages, producing search results that show users a multi-dimensional view of relevant web content. This approach reduces the number of clicks it takes users to find what really matters to them, and presents useful information they may not have considered otherwise.
Healthia, which launched last month, allows businesses and consumers to research, rate and purchase health insurance plans and Health Savings Accounts (HSAs), as well as choose doctors from across the country. As part of this agreement, Kosmix also will provide Healthia with paid search ads through its relationship with Google, and the companies will share all ad revenue derived from the Healthia site.
“The driving philosophy behind Healthia is the idea that better tools combined with transparent pricing empower consumers and small businesses to make the very best decisions about their healthcare coverage,” said Chini Krishnan, CEO and co-founder of Healthia. “Installing the Kosmix Health search engine at Healthia is a great example. When you give people the power to make better choices, they’ll choose you.”
“We are truly excited to see our Kosmix Health Search technology applied in way that will help people make informed, better decisions about their healthcare purchases through Healthia,” said Anand Rajaraman, co-founder of Kosmix. “This partnership is an example of how our patented health search can benefit both content publishers and transaction-based companies that want to improve user experience and build customer loyalty by providing truly relevant information.”
About Kosmix (www.kosmix.com)
Kosmix has created a fundamentally new approach to search based on the development of patent-pending algorithms and technology that present a multi- dimensional view of relevant search results. The company was founded in 2004 by Venky Harinarayan and Anand Rajaraman, who also co-founded Junglee, a provider of database technology for helping consumers find products on the Internet, which was acquired by Amazon in 1998. Kosmix has filed more than 10 patents and has indexed more than 3.2 billion URLs and counting. Based in Mountain View, Calif., Kosmix is privately funded. Lead investors include Cambrian Ventures and Lightspeed Venture Partners.
About Healthia
Healthia was founded in 2005 to provide integrated comparison-shopping information that will catalyze the Consumer-Driven Health Care movement. Its co-founders are Chini Krishnan, founder of public-key infrastructure (PKI) validation company Valicert (which merged with Tumbleweed Communications), and Shankar Srinivasan, a member of the founding team of Healtheon/WebMD. Healthia is a privately-held company headquartered in Sunnyvale, CA, funded initially by Bessemer Venture Partners. Insurance brokers or banks that are interested in partnering with Healthia can visit http://www.healthia.com/brokercenter/ or http://www.healthia.com/bankcenter for more information.
Kosmix
CONTACT: media, +1-650-641-7319, or pr@kosmix.com, for Kosmix; or877-296-3805, for Healthia
