meekd.com raises seed investment

meekd.com raises seed investment

Source: Entrepreneur

Dubai-based global online search company meekd.com has raised its first round of seed funding for an undisclosed amount from UAE-based film production and distribution company Xmovies and an angel investor.

meekd.com, a search engine that ensures that sponsored results and paid-content are not prioritized and not ranked above real organic search results, officially launched on February 1, 2019, under its Dubai Technology Entrepreneur Campus (Dtec)-based parent company AlphaNumeric Inc.

The company, which currently handles more than 200,000 searches per day and has become the highest ranked startup of the UAE as reported by Alexa's Global Web Ranking, plans to use the funds to upgrade its IT infrastructure for continued product innovation and acquire talent to cope with user growth.

A model that contradicts the likes of Google, meekd's search engine algorithm considers user "votes“ to rank